Feb. 20, 2019 – New Enterprise Stone & Lime Co. Inc. has acquired approximately 100 million tons of estimated mineral reserves near the borough of Garrett in Somerset County, Pa. The company plans to utilize the additional reserves to support its existing operations in the area. Paul Detwiler III, the company’s president and CEO, commented, “We are pleased to add the additional mineral reserves to our almost 2 billion tons of proven and probable existing reserves.” Founded in 1924, New Enterprise is a leading privately held, vertically integrated construction materials supplier and heavy/highway construction contractor in Pennsylvania and western New York, and a national traffic safety services and equipment provider.
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