NEW SOUTH CONSTRUCTION SUPPLY NAMED ONE OF SC’S 50 FASTEST GROWING COMPANIES IN 2022


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AUGUST 29, 2022 (GREENVILLE, SC) — New South Construction Supply, LLC (NSCS), a distributor of concrete, masonry, and waterproofing products to commercial and residential general contractors and subcontractors across the Southeastern United States announces it has been named one of South Carolina’s 50 Fastest Growing Companies for 2022, an annual award given out by Integrated Media Publishing (publisher of Greenville Business Magazine, Columbia Business Monthly and Charleston Business Magazine). This is New South Construction Supply’s fourth time on this list.

Commenting on this recognition, Jim Sobeck CEO of New South Construction Supply says, “Since the start of the pandemic, we’ve had to deal with a lot: showroom shutdowns, product shortages, rampant inflation — to name but a few of the challenges we’ve faced. To be able to manage hypergrowth during this time has been a total team effort. Our customers, associates, and suppliers all came together to make this award possible.”

Abhi Singh, EVP and COO of New South Construction Supply adds “We are extremely honored to be selected for this award, along with so many other brilliant organizations. While the last few years have been challenging, our team consistently outperformed our wildest expectations and delivered significant, profitable growth. We are grateful to all our associates, customers, and vendor partners for helping us achieve this milestone.

New South Construction Supply is seeing record-breaking growth across its ten branches in the Carolinas, Georgia, and Florida, and is poised to finish 2022 strong. From acquiring Increte of North Florida in Jacksonville, FL in 2021, to rapidly expanding its rebar fabrication and tilt-up construction business and capabilities, New South Construction Supply is currently hiring at all ten of its branches across the Carolinas, Georgia, and Florida, and was also recently named one of the Best Places to Work in South Carolina in August 2022, an annual award given out by SC Biz News and the SC Chamber of Commerce.

About New South Construction Supply

Founded in 1981 and having celebrated its 40th anniversary in 2021, New South Construction Supply is a distributor of concrete, masonry, and waterproofing products to general contractors and subcontractors across the Sunbelt as well as nationally and internationally. The company specializes in concrete and masonry accessories, rebar and wire mesh, tilt-up construction, waterproofing materials, and many other construction products for both commercial and residential construction projects. The main office, and a branch, are in Greenville, SC, with additional branches in W. Columbia, Charleston, Myrtle Beach, and Hardeeville (Hilton Head Island/Savannah, GA) SC; Charlotte, Greensboro, and Garner (Raleigh/Durham), NC, Atlanta, GA and Jacksonville, FL.

For more information on New South Construction Supply, visit www.newsouthsupply.com.

New South Construction Supply and American Contractor’s Supply Terminate Acquisition Agreement

May 10, 2022 (GREENVILLE, SC) — New South Construction Supply, LLC (NSCS), a distributor of concrete construction products to commercial and residential general contractors and subcontractors across the Southeastern United States announces that the agreement to acquire American Contractor’s Supply (ACS), a leading distributor and supplier of tilt-up products based in Atlanta, GA, has been dissolved.

Commenting on this, Jim Sobeck and Abhi Singh, CEO and COO of New South Construction Supply both agree, “While we are disappointed that this deal did not reach the finish line, we understand Jason’s change of heart in selling his business.  For over 20 years, he has built ACS into a regional leader, and we understand his desire to continue on his current path.  We have no doubt that ACS will continue to do great things.”

“As the deal got closer, it was apparent to me that this was not the right time to sell ACS.  My customers and associates feel strongly that we are on a great path and selling the business, at this time, would be an unnecessary distraction.  I still firmly believe that New South is the right buyer for ACS, when the time is right for us to sell.” said Jason Reuter, President and CEO of American Contractor’s Supply.

About New South Construction Supply

Founded in 1981 and celebrating its 40th anniversary in 2021, New South Construction Supply is a distributor of construction products to general contractors and subcontractors across the Sunbelt as well as nationally and internationally. The company specializes in concrete and masonry accessories, rebar and wire mesh, tilt-up construction, waterproofing materials, and many other construction products for both commercial and residential construction projects. The main office, and a branch, is in Greenville, SC, with additional branches in W. Columbia, Charleston, Myrtle Beach and Hardeeville (Hilton Head Island/Savannah, GA) SC; Charlotte, Greensboro, and Garner (Raleigh/Durham), NC, Atlanta, GA and Jacksonville, FL.

For more information on New South Construction Supply, visit www.newsouthsupply.com.

New South Construction Supply Enters Agreement to Acquire American Contractors Supply

April 21, 2022 (GREENVILLE, SC) — New South Construction Supply, LLC (NSCS), a distributor of construction products to commercial and residential general contractors and subcontractors across the Southeastern United States announces it has signed a letter of intent to acquire American Contractors Supply (ACS), a leading distributor and supplier of tilt-up products based in Atlanta, Georgia.

Commenting on this, Jim Sobeck, President and CEO of New South Construction Supply said, “I am happy to welcome Jason Reuter, President and CEO of American Contractors Supply, and his team to the New South family. We look forward to our companies joining forces to become one of the nation’s largest distributors in the tilt-up concrete construction space.”

“This transformational acquisition, our second in less than a year, exemplifies our commitment to being a customer-first partner and is a prime example of our commitment to advancing competitive choice in the industry, through strategic growth.  We are thrilled to work with the ACS team, and we can’t wait to leverage our combined strengths to set the new service standard in the tilt-up market throughout the eastern United States,” said Abhi Singh, Executive Vice President and COO of New South Construction Supply.

“In evaluating strategic alternatives for ACS, we were clear on the three things we wanted in a buyer – a major opportunity for our associates to grow, a company that shared our customer-first approach, and a great team that would appreciate, and build on, our years of success. After speaking with Jim, Abhi, and Barrett [Cooke, CFO] both Ron Barteski, our GM and CFO, and I knew this was the team to join. Together, we are going to be able to service contractors throughout the entire East Coast and enhance our position as a trusted resource, not just a vendor,” said Jason Reuter, President and CEO of American Contractors Supply.

The acquisition is expected to close in the second quarter of 2022 and American Contractors Supply will maintain operations under the New South Construction Supply name. Upon close, Jason Reuter will assume the role of Division President of Tilt-Up, and Ron Barteski will assume the position of Division Vice President, Operations of Tilt-Up.  Together they will lead all tilt-up activities for New South Construction Supply.

About New South Construction Supply

Founded in 1981, New South Construction Supply is a distributor of construction products to general contractors and subcontractors across the Southeastern United States as well as nationally and internationally. The company specializes in concrete and masonry accessories, rebar and wire mesh, tilt-up construction, waterproofing materials, and many other construction products for both commercial and residential construction projects. The main office, and a branch, is in Greenville, SC, with additional branches in W. Columbia, Charleston, Myrtle Beach and Hardeeville (Hilton Head Island/Savannah, GA) SC; Charlotte, Greensboro, and Garner (Raleigh/Durham), NC, Atlanta, GA and Jacksonville, FL.

For more information on New South Construction Supply, visit www.newsouthsupply.com. For more information on American Contractors Supply visit www.americancontractorssupply.com.