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Stock impact report

Construction Partners, Inc. Completes South Carolina Acquisition

Construction Partners, Inc. (ROAD) 
Last construction partners, inc. earnings: 2/7 07:00 am Check Earnings Report
Company Research Source: PR Newswire
Company Expands to Myrtle Beach Metro AreaDOTHAN, Ala., Aug. 1, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has acquired Southern Asphalt, Inc., headquartered in Conway, South Carolina. As a result of the acquisition, the Company added two hot-mix asphalt plants and more than 200 employees in the Myrtle Beach, South Carolina metro area. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to extend our footprint into eastern South Carolina with today's transaction.  Horry County and the larger Myrtle Beach metro area are among the fastest-growing markets in the nation, resulting in opportunities to bid on an attractive mix of public and commercial projects.  We welcome a talented and experienced workforce to our team, and we look fo Show less Read more
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