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  New South News Dear Friends, First off, best wishes for Thanksgiving and the beginning of the holiday season. As the year winds down we tend to reflect on those who are responsible for our good fortune and our customers are at the top of...

  New South News Dear Friends, As the year winds down several leading forecasters are calling for a mild construction slowdown in 2019. This has been expected for a while so I’m not shocked but we are being conservative in our budgeting for 2019. We...

  September 2018 Newsletter Dear Friends, It’s fall, y’all. I don’t know about you but I was ready for the hot, humid, and rainy summer to end. Especially the rain. Most markets in which we operate had a rainy summer and a lot of jobs have...

August 2018 Newsletter Dear Friends, As summer winds down I hope the late afternoon thunderstorms that plague the south every summer will end soon. The red clay soil around most of our branches doesn’t drain quickly like the sandy loam around our coastal locations resulting...

  August 2018 Newsletter I am pleased to announce that Peter Bemisderfer has accepted the position of Director of Purchasing and will be succeeding David Hodgin when he retires at the end of January. Over the next month Peter will be transitioning out of his current...

  July 2018 Newsletter Dear Friends, As I write this in late July the economy keeps humming along. Residential and commercial construction took a slight dip last month but most forecasters think it is largely tied to summer vacations as well as a lot of...

  June 2018 Newsletter Dear Friends, As I write this in late June, the economy in general, and the construction economy in particular, continue to chug along. The decrease in the corporate tax rate and the repatriation of profits held offshore by US companies are...

May 2018 Newsletter Dear Friends, I am writing this letter right after returning from a three day financial conference in New York City. I’m happy to report that the unanimous conclusion of all of the speakers is that the current recovery will continue until at least the second...

April 2018 Newsletter Dear Friends, Not a lot has changed since last month. Price increases continue unabated and steel products continue to be in short supply. Hopefully the supply/demand ratio will equalize in the next few months as more domestic steel capacity comes online. Until then,...

Dear Friends, As I write this the construction industry is facing unprecedented price increases in steel along with a corresponding shortage of steel. The reason for this is the recently announced steel tariffs which caused a lot of steel buyers to place a lot of...

Dear Friends, After an unusually cold and snowy January the weather has improved somewhat this month. After some pretty intense gyrations earlier this month the stock market appears to be resuming its upward climb. President Trump unveiled his infrastructure plan recently but, I for one...

The New Year has started out with a record cold snap. Here in Greenville, SC where I live we have had the longest cold snap in over 100 years this January. This obviously hasn’t been good for business, except for our sales of cold weather...

First and foremost, on behalf of all of our associates I’d like to wish all of our customers and suppliers a Merry Christmas and Happy Holidays as well as best wishes for the New Year. December 2017 Newsletter First and foremost, on behalf of all of...

I hope you spend it with those nearest and dearest to you and may your favorite team win.As the year winds down it has been another good year for construction despite more rain than normal in the spring and tropical storms and hurricanes in the...

We are well into the last quarter of the year and into budgeting season. To help with our budgeting we reviewed every 2018 forecast we could find. The consensus is that 2018 will be another good year but it may be the last “up” year...

Summer is over and the fall building season is upon us. We had some slowdown due the far-reaching effects of Hurricanes Harvey and Irma. While our markets weren’t severely affected the heavy rains slowed construction for about a week with each hurricane. The storms flooded...

Believe it or not, summer is winding down already and children are back in school in most parts of the South. The stock market is setting records daily despite President Trump’s less than favorable press coverage. Many pundits are still bullish that he can get...

As I write this in late July we are experiencing a heat wave and a dry spell here in Greenville, SC. The dry weather is appreciated after a wet spring; the heat not so much. All of the shenanigans in Washington have negatively impacted the...

The second quarter has seen record rain in most of our markets thereby depressing sales. As I compose this letter in late June the forecast for Greenville, SC is dry for the entire last week of the month. I hope the forecasters are correct. I...

Despite the turmoil coming out of Washington the overall economy in general, and the construction economy in particular, continue to chug along. We’re now entering prime building season and all signals point to another great summer for construction. We’re extremely busy and hope that you...