Ram Tool Construction Supply Co. has purchased Apache Supply Inc. and Coastal Contractor Supply.
Birmingham, Ala.-based Ram Tool has 40 branches in 15 states and annually delivers over 700,000 orders to over 44,000 different job sites in the southeast, mid-Atlantic and midwest regions, as well as to Texas and Oklahoma.
Apache Supply Inc. sells fasteners, tools and supplies to the construction industry, primarily in the Carolinas but also throughout the U.S. and the Bahamas, while Coastal Contractor Supply sells construction supplies to the construction industry in the Carolinas.
According to Ram Tool, the acquisitions make market sense.
“Both Apache Supply and Coastal Contractor Supply serve the same customers that we do,” said Page Naftel, president of Ram Tool.
“We’re confident that the customers the two businesses worked hard to win and keep will see the value that Ram Tool brings to the construction industry, namely our heroic service, speed of delivery and a high level of accuracy around orders and invoices.”
For now, Ram will operate out of Apache’s current location at at 64 Darlington Ave. Eventually, the plan is to build a larger facility in Wilmington that will serve customers on the Carolina coast—customers currently being served by Ram Tool’s branches in North Charleston, SC and Raleigh, NC.
“We’re very excited to be in Wilmington,” said Naftel.
“We’ve seen in recent years how active the Carolina markets are and we’ve had a lot of success in Charleston and Raleigh. We know there’s more opportunity on the coast, we just need to be able to get to it more quickly. Having a branch in Wilmington will allow us to do exactly that.”
The company will offer a full line of construction supplies, including upplies including tools and equipment, anchors and fasteners, personal protective equipment (PPE), fall protection equipment, concrete construction supplies, mechanical, electrical and plumbing (MEP) supplies, multifamily building supplies, surface protection and general job site supplies, in its Wilmington office.