Pennsylvania Company Says It Has Acquired Casilio; Price Not Disclosed

May 3, 2026

— Jeff Ward, Lehigh Valley News Briefs

Frank Casilio and Sons, a Bethlehem-based concrete maker, has been acquired by another Pennsylvania company for an undisclosed price.

New Enterprise Stone & Lime (NESL) said it has acquired Casilio, which has ready-mixed concrete plants in Allentown, Bethlehem and Nazareth.

The deal combines two family-owned businesses with roots dating back to before World War 2.

Casilio was founded in 1938, according to its website, while NESL was founded in 1924.

“Frank Casilio and Sons, Inc. has serviced ready-mixed concrete customers across the Allentown Area for nearly 90 years” according to a statement from New Enterprise, and “is highly regarded in the community, with outstanding people, assets and attractive operating characteristics.”

NESL is based in its namesake town, New Enterprise in Bedford County. It provides construction materials and is a contractor for highway and heavy construction.

Paul Detwiler III, chief executive of NESL, said the acquisition expands New Enterprise’s capacity in the Lehigh Valley.

“This transaction is consistent with our strategy to grow our construction-materials business both organically and through acquisitions that are within our existing geographic footprint,” he said in the company statement.

NESL is privately held. Its businesses include construction materials such as crushed stone, sand and gravel, known as aggregates; asphalt; ready-mixed concrete and site preparation for heavy construction.

Here’s the statement from NESL:

New Enterprise Stone & Lime Co., Inc. (“NESL” or the “Company”) announced that on April 27th it had acquired all the outstanding stock of Frank Casilio and Sons, Inc. The strategic acquisition consists of three ready mixed concrete plants located in Allentown, Bethlehem, and Nazareth, Pennsylvania. Frank Casilio and Sons, Inc. has serviced ready-mixed concrete customers across the Allentown Area for nearly 90 years. NESL believes this business is highly regarded in the community, with outstanding people, assets and attractive operating characteristics.

Speaking of the acquisition, Paul Detwiler, III, Chief Executive Officer of New Enterprise Stone & Lime Co., Inc., commented: “We are excited to bring this great family-owned and operated business into our NESL family. The acquisition expands our service capabilities in the Lehigh Valley and is a great addition to our current network of 15 ready-mixed concrete facilities across Pennsylvania. The transaction is consistent with our strategy to grow our construction materials business both organically and through acquisitions that are within our existing geographic footprint.”

About New Enterprise Stone & Lime Co., Inc.

New Enterprise Stone & Lime Co., Inc. is a leading privately held, vertically integrated construction materials supplier and heavy/highway construction contractor in Pennsylvania and western New York. Our core businesses include: (i) construction materials (aggregate production (crushed stone and sand and gravel), hot mix asphalt production and ready mixed concrete production) and (ii) heavy/highway construction (heavy construction, hot mix asphalt paving and other site preparation services). For more information, please visit the Company’s website at http://www.nesl.com.