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>> New South eNews New South News Dear Friends, As I compose this letter many companies in our industry are starting on their 2020 budget. This means that forecasters are now releasing their projections for next year. Most of the projections are calling for a...

>> New South eNews New South News Dear Friends, As I compose this letter in late July the rains have largely been holding off and business has picked up for most of us. Despite this there have been only a few price increases from our...

New South News Dear Friends, With the rain largely staying away in the Carolinas and Georgia, the last few weeks have been very good for construction. Hopefully that will continue for the balance of the summer, although late afternoon thunderstorms are par for the course...

New South News Dear Friends, It appears (knock wood) that the rainy weather that has plagued us since last July has ended, at least for the last two weeks. Many jobs that have been delayed for up to nine months or more due to job sites...

New South News Dear Friends: Spring has sprung and the construction industry is shifting into high gear with the onset of the prime construction season here in the South. However, prices increases haven’t shifted into high gear yet so now is a good time to lock...

New South Monthly News Dear Friends: As I write this in late March is appears winter is over here in the South. We have also gotten a respite from the unusually high amounts of rain we have been dealing with since last July. Greenville, SC...

New South Monthly News Dear Friends: As I write this in late February the stock market is roaring, the government shutdown is over, and forecasters are saying we will duck the recession bullet yet again. Now if the rain would just stop. I don’t know...

New South Monthly News Dear Friends: Happy New Year! As I write this the government is still in partial shutdown mode for almost a month; however, the construction industry doesn’t seem to be suffering….yet. It’s amazing how we pay these politicians to do the people’s...

New South Monthly News Dear Friends, It’s hard to believe we’re already at the end of 2018. It seems we were just doing our 2018 budget a few months ago and now the year is almost over. It has been a good year overall for...

  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...