PIKE Industries - a b o u t u s : h i s t o r y

he plant averaged production of seven tons per hour, and it served the company for almost twenty years, supplying hot mix for most of New Hampshire’s early paving projects. This plant is now proudly displayed at the headquarters in Belmont, New Hampshire.
Then in 1949, Milo Luther Pike, the only child of Beatrice and Randolph, officially joined the company after having spent many summer vacations learning about the family business. He assumed the management of the business in 1952, and modernized the Warren Bros. plant in 1953. The upgrade doubled the production capacity to as much as 150 tons per day, and one man could operate it.

In 1954, a 1 ¼ ton Hetherington & Berner plant with production capacity of 75 tons per hour was purchased for $65,000. That year, the first asphalt paver was also added to the assets of the growing company. This was very advantageous for the firm as the Highway Trust Fund was passed that year and helped contribute an increase in its business.
By 1957, two more asphalt plants were added, raising the company’s annual production of asphalt to 90,000 tons. At this point, Milo opted to incorporate the firm.

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