Asphalt and paving contractors are the reason we can get from point A to point B. From driveways to highways, parking lots to tarmacs, they provide critical support for our infrastructure.
In this article, we’ll take a look at the asphalt and paving industry, along with the top trade contractors in this sector. Plus, we’ll explain what growing asphalt and paving contractors can learn from their more seasoned counterparts.
The Asphalt and Paving Industry Overview and Outlook
Paving contractors lay asphalt, concrete, or occasionally other materials on roads, parking lots, runways, and more. Common projects include:
- New roadways, driveways, and parking lots
- Curbs and sidewalks
- Repairs, resurfacing, and sealcoating
- Pavement marking
- Preventive maintenance
The paving industry generated just over $23 billion in 2023, according to IBIS World. That was a slight decline of 1.8% from the previous year. The sector comprises nearly 125,000 contractors, a workforce that’s seen a 1% compound annual growth rate (CAGR) over the last five years. For comparison, that’s roughly half the size of the commercial painting market and only a quarter of the growth so it’s far from the biggest sector in construction.
There’s little market share concentration for commercial pavers, with the biggest asphalt and paving contractor—the Rabine Group—owning less than 2% of the total market. Competition is thickest in Florida, California, and Texas, with over 12,000, 11,000, and 9,000 paving contractors respectively.
Top 40 Asphalt and Paving Contractors
Normally, we look to ENR’s Top 600 Specialty Contractors list to understand who’s who in each trade. Surprisingly, ENR doesn’t publish a list of asphalt and paving contractors. So we went out in search of the best. We combed through numerous industry lists, including:
- For Construction Pros’ annual Top 50 Paving Contractors of 2024
- GC Magazine’s Best Paving Contractors in the US
- Boom & Bucket’s Best Asphalt Paving Companies in the USA
Then, we distilled our research down to 40 top asphalt and paving contractors who have all been around for at least 10 years.
7 Longest-Standing Paving Contractors
While all the contractors on this list have been around for a minimum of a decade, a handful span 50 years or more. Considering that less than five percent of contractors make it to the 10-year mark, that’s an impressive feat.
Here’s a look at the seven asphalt and paving contractors in the US that have been in business for at least 50 years.
1. Rose Paving
Headquarters: Bridgeview, IL
Years in Business: 50
Rose Paving is one of the largest nationwide paving and parking lot maintenance companies in the US. It provides preventive maintenance and repairs for the retail, hospitality, health care, religious, and real estate markets. Services include asphalt maintenance, concrete maintenance, crack sealing, seal coating, pavement marking, infrared repair, and storm basin drainage.
Founded in 1974, Rose has grown to 14 offices. Its 600 team members from Connecticut to California complete over 10,000 jobs each year. Customers include top retail and hospitality brands like Walgreens, The Home Depot, Costco, Lowe’s, Travel America, and Extended Stay America.
Learn more on Rose Paving’s website.
2. Associated Paving Contractors
Headquarters: Warminster, PA
Years in Business: 54
Associated Paving Contractors (APCON) is a commercial paving contractor serving Pennsylvania and New Jersey. APCON specializes in asphalt and concrete parking area construction, along with maintenance for shopping centers, office and healthcare buildings, industrial and manufacturing spaces, municipalities, and multi-family housing communities. Services include parking lot paving and repair, sealcoating, asphalt milling recycling, line striping, and concrete services.
This second-generation family-owned business was established in 1970. Today, it employs 50 people. APCON takes pride in being an innovator, having been one of the first paving companies to offer StreetPrint technology and to recycle asphalt and concrete.
Learn more on Associated Paving Contractors’ website.
3. M&D Blacktop Co.
Headquarters: Grove City, OH
Years in Business: 60
M&D Blacktop Co. is a full-service asphalt maintenance company serving Columbus and Central, Ohio. Its services include asphalt paving and repairs, sealcoating, crack sealing, and line striping. This contractor specializes in athletic courts, parks, entertainment venues, retail plazas, and schools.
Founded in 1964, M&D Blacktop is the oldest sealcoating company in Ohio. It attributes its legacy to building a reputation of absolute quality and dependability through close partnerships with business owners, property owners, property managers, and general contractors. Noteworthy clients include Lowe’s and Ohio State University.
Learn more on M&D Blacktop’s website.
4. Stasi Brothers Asphalt Corp.
Headquarters: Westbury, NY
Years in Business: 63
Stasi Brothers Asphalt Corp. is the top paving contractor in Long Island. It provides hardscaping and concreting services for the government, hospitality, industrial, religious, retail, and multi-family housing sectors. Offerings include asphalt paving, milling, repair, and maintenance, concrete services, excavation and drainage, pavement markings, and power sweeping.
Stasi Brothers started as a landscape company in 1962 but quickly pivoted to asphalt and concrete in 1964. It’s still a family-owned and operated business with a deep commitment to providing clients with excellent value for money. The company prides itself on delivering superior craftsmanship and competitive pricing.
Learn more on Stasi Brothers Asphalt’s website.
5. A&A Paving
Headquarters: Roselle, IL
Years in Business: 64
A&A Paving is a highly-awarded and experienced pavement contractor in the Chicago area. It provides paving, concrete, and pavement maintenance services to commercial and industrial businesses, including large warehouses, HOAs, healthcare facilities, schools, churches, banks, and business plazas.
Founded in 1960, A&A Paving has completed over 13,000 paving jobs throughout the Chicago suburbs. It has built a reputation for excellence and touts that it uses only the finest quality materials at fair prices, with superior results. Its client roster includes Ford, Oracle, Uhaul, Costco, and BMO Harris Bank.
Learn more on A&A Paving’s website.
6. Ruston Paving Co.
Headquarters: Durham, NC
Years in Business: 81
Ruston Paving Co. is a commercial and industrial paving construction contractor with divisions in New York, Virginia, and North Carolina. Ruston takes on a wide range of asphalt paving projects, from minor repairs to major rehabilitation to new construction. Services include asphalt design, construction, repair, milling, and recycling, along with soil stabilization and stormwater management. Projects span apartment complexes, athletic spaces, banks, business parks, churches, education campuses, grocery stores, hotels, retail plazas, and industrial properties.
Established in 1943 as an asphalt supply company, it quickly expanded to oil-and-chipping roads. Today, it has about 200 team members spread across seven offices. It completes all work in-house in the immediate area of each office. Ruston values local workers completing projects for local customers. Those local customers include USPS and Catawba College.
Learn more on Ruston Paving’s website.
7. Daniel B. Krieg Inc.
Headquarters: Harrisburg, PA
Years in Business: 91
Daniel B. Krieg Inc. is Central Pennsylvania’s top commercial sealcoating contractor. Services include asphalt sealcoating, crack filling, and highway services. You can see its work at banks, education institutions, healthcare buildings, churches, community spaces, and manufacturing facilities across central and eastern PA, northern Maryland, and parts of New Jersey and West Virginia.
This family-owned company started in 1933. Today, it operates two offices in Harrisburg and York, PA. These locations also serve as storefronts for its retail division, which sells asphalt maintenance supplies and traffic safety products.
Learn more on Daniel B. Krieg’s website.
What Up-and-Coming Trade Contractors Can Learn from These Leaders
Each of these seven contractors came from humble beginnings, and each of them has managed to create a lasting legacy. How is that possible in an industry wrought with cash flow problems and diminishing profits?
From what we can tell, there are some commonalities likely responsible for their long-term success.
- Focused services and sectors: None of these top asphalt and paving contractors are trying to be all things to all customers. Most of them only offer two or three core service lines and stick to a handful of sectors in a few regional areas.
- Reputation as a top priority: By and large, these contractors care deeply about their reputations. They're committed to excellence and it shows in the way their customers talk about them.
- Smart financial practices: Any construction business that achieves long-term has to nail this one. Smart trade contractors get proactive about their finances from the beginning. They prioritize working with GCs that pay on time, get strategic about A/R, and use AIA billing best practices to get paid faster.
Subcontractors across all trades have used Siteline’s construction billing software to invoice over $2 billion across 10,000+ projects—all while getting paid three weeks faster on average.
If eliminating payment delays would make a difference in your trade contractor’s financial health, we’d love to show you around Siteline. Schedule a demo here.
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