New South Construction Supply, LLC, Greenville, S.C., a distributor of concrete and masonry construction products, has acquired Malone Steel Corporation.
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Malone Steel, headquartered in Ponte Vedra Beach, Fla., will operate as New South Construction Supply – Ponte Vedra. Jeff Malone, President of Malone Steel, will remain with the organization and oversee the day-to-day operations of the business.
“When we decided to sell our business, we were committed to finding a partner with the right culture, and one that was committed to taking care of our customers, as well as our employees,” said Jeff Malone, CEO of Malone Steel. “Once we met the New South team, it was clear that they were the perfect fit for us.”