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The Indianapolis-based Heritage Group, under the name of its subsidiaries — Aggregates Inc. and Milestone Contractors — has acquired Meshberger Brothers Stone Corporation and LICA Construction Corp.
Caleb Brown, representing Aggregates Inc., said the Meshberger firm's name would be changed to the Aggregates name while LICA Construction would take on the name of Milestone Contractors.
Brown said that both companies would continue to operate with the same personnel employed by the local firms.
"We are very excited about this acquisition. We consider this purchase to be a great asset," Brown told the Berne Tri-Weekly newspaper. "We are very excited about working with all of the communities involved.
According to the newspaper, Meshberger Brothers was founded by David Meshberger, who established the stone quarry along the Wabash River near Linn Grove in the mid-1870s.
Following his death in 1910, his widow, Jane, oversaw the quarry. In 1923, Jane and two of her sons, Harry and Oscar, formed the Meshberger Brothers Stone Company, with Harry serving as president and Jane as vice-president.
Following Jane's death in 1927, Harry and Oscar Meshberger purchased the interest of the other heirs and began operating as a partnership. Through their leadership, the company was moved away from the Wabash River to avoid flooding and they established additional quarries near Willshire, Ohio, and Columbus.
In 1961, Ron Fryback, son-in-law of Oscar, began managing the business. LICA Construction, a division of the company involved in application of asphalt products, branched off in 1968. In 1973, the company purchased a quarry in Ridgeville, followed by additional quarries in Portland and Fairview.
Carolyn Fryback, daughter of the late Oscar Meshberger, had been serving as president of Meshberger Brothers. In 1968, the company branched off to form LICA Construction Corp.