| Quick Fact | Detail |
|---|---|
| Company | Cambridge Pavers Inc. (Cambridge Pavingstones with ArmorTec) |
| Owner / Founder | Charles H. Gamarekian Sr. |
| Founded | 1995 |
| Headquarters | Lyndhurst, New Jersey |
| Ownership Type | Privately held |
| Industry | Wholesale building materials (concrete pavers, wall systems) |
| Estimated Annual Revenue | ~$28 million (third-party estimate) |
| CEO | Charles H. Gamarekian Sr. (Chairman & CEO) |
TL;DR: Cambridge Pavers is owned by its founder, Charles H. Gamarekian Sr., who started the New Jersey paving-stone company in 1995 and still leads it as Chairman and CEO.
The owner of Cambridge Pavers is Charles H. Gamarekian Sr., who founded the Lyndhurst, New Jersey company in 1995. Cambridge Pavers Inc. is privately held, with no public shareholders or stock listing, and Gamarekian continues to run it as Chairman and CEO. According to NJBIZ, New Jersey’s business journal, he spent roughly a decade working at a competing paving-stone firm before striking out on his own.
Who Owns Cambridge Pavers?
The owner of Cambridge Pavers is Charles H. Gamarekian Sr., who founded the company in 1995 and continues to serve as its Chairman and CEO. Cambridge Pavers Inc. is a privately held company — it has no public shareholders, no stock ticker, and no obligation to disclose its ownership structure in detail.
Some low-quality websites speculate about outside investors or ownership changes, but there is no credible evidence of any such transaction. Every reputable source — from New Jersey business press to trade publications — describes the company as founder-led and privately owned.
Who Founded Cambridge Pavers?
Gamarekian did not stumble into the paving-stone business. He began his career in investment banking and land development, where he became familiar with construction materials. In 1985, he helped found and lead a competing paving-stone firm, spending a decade learning the industry before striking out on his own.
In 1995, he founded Cambridge Pavers. As he told NJBIZ, New Jersey’s business journal: “I felt it was time to move along.” Three decades later, he still runs the company he built.
How Ownership Is Structured
As a private corporation, Cambridge Pavers’ exact equity split is not public. What is known:
- Founder control: Gamarekian is identified in all official company communications as founder, Chairman, and CEO — titles consistent with majority ownership.
- No public shareholders: The company has never gone public and reports no outside institutional investors in credible sources.
- Family business character: The “Sr.” in his name suggests family involvement, though no family members’ roles are publicly documented.
Claims on some content-farm sites about new majority shareholders or holding companies acquiring stakes appear to be AI-generated filler with no supporting evidence, and should be disregarded.
The Company He Built
Under Gamarekian’s ownership, Cambridge Pavers has grown into one of the leading hardscape manufacturers in the northeastern United States:
- Headquarters: Lyndhurst, New Jersey
- Manufacturing: A major facility in South Amboy, New Jersey, built on 20 acres with a $26 million-plus investment in advanced production technology
- Signature innovation: The patented ArmorTec formula — a dense, fade-resistant top layer on every paver
- Distribution: A dealer network of independently owned masonry yards and home centers across New Jersey, New York, Connecticut, Massachusetts, New Hampshire, Pennsylvania, Maryland, Virginia, and additional states
- Customer base: Approximately 80% residential, 20% commercial and industrial — including hotels and major real estate developers
Third-party business data estimates annual revenue at roughly $28 million with a valuation near $89.6 million, though as a private company these are estimates, not reported financials.
Ownership Philosophy
Gamarekian runs Cambridge Pavers with a founder’s intensity. In a trade-press profile in Concrete Products magazine, he described the company’s culture of urgency around production, shipping, and quality control, telling employees: “We don’t pay your salary. You pay it with the product you deliver.”
The company sells exclusively through authorized dealers rather than direct-to-consumer — a deliberate strategy that has kept distributor relationships strong for 30 years. That kind of long-horizon decision-making is characteristic of founder-owned private companies, which are not pressured by quarterly earnings expectations.
Is Cambridge Pavers for Sale?
There is no public indication that Gamarekian intends to sell the company. At 30 years of ownership and with continued capital investment (like the South Amboy plant expansion), the signals point to long-term family or founder ownership rather than a sale process. Any rumors of acquisition should be treated skeptically unless reported by established business press.
For more on the founder’s personal wealth, see How Much Is Charles Gamarekian Worth and our Business & Entrepreneurs section.
Interesting Facts
- Gamarekian spent a decade at a competing paving-stone firm before founding Cambridge Pavers.
- The company’s ArmorTec technology is patented and considered an industry benchmark.
- Cambridge Pavers’ products are used by the majority of New Jersey municipalities, according to the founder.
- The South Amboy plant represents the company’s largest capital investment to date.
Interested in the people behind major brands? Explore our profiles of Andrew Frankel, Clay Croft and Brian Atlas.
FAQs
Who is the owner of Cambridge Pavers?
Charles H. Gamarekian Sr., who founded the company in 1995 and serves as Chairman and CEO.
Is Cambridge Pavers publicly traded?
No. It is a privately held company with no public shareholders.
When was Cambridge Pavers founded?
In 1995 by Charles H. Gamarekian Sr. in New Jersey.
Where is Cambridge Pavers headquartered?
Lyndhurst, New Jersey, with manufacturing in South Amboy, New Jersey.
Has Cambridge Pavers been sold?
There is no credible evidence of any sale or change in control. Claims on low-quality sites about new ownership appear to be fabricated.
What does Cambridge Pavers make?
Concrete paving stones, wall systems, and outdoor living products, marketed under the ArmorTec brand.
How big is Cambridge Pavers?
Third-party estimates put annual revenue near $28 million, with a dealer network across 10+ states.
Who is the CEO of Cambridge Pavers?
Charles H. Gamarekian Sr., the founder, who holds the titles of Chairman and CEO.
What is ArmorTec?
A patented manufacturing process that gives Cambridge pavers a dense, fade-resistant surface layer.
Does Charles Gamarekian still run the company?
Yes. As of 2026, he remains actively involved as Chairman and CEO.
Sources & Verification
Ownership information is drawn from NJBIZ (New Jersey’s business journal), trade-publication profiles, and the company’s own official communications — all of which identify Gamarekian as founder, Chairman, and CEO of the privately held company. Revenue and valuation figures are third-party estimates for a private company. Unsubstantiated ownership-change claims from content-farm websites were investigated and excluded for lack of evidence.