American Material Services

AGI expands with addition of bulk hauler

Jan. 9, 2024
Acquisition of Georgia-based liquid and dry bulk transporter American Material Services expands global supply chain management firm’s presence in Southeastern U.S.

AGI International recently acquired Georgia-based American Material Services (AMS), which provides liquid and dry bulk transportation services to customers located throughout the Eastern and Southeastern U.S.

AMS, headquartered in Macon, strengthened its position in the dry bulk market and diversified into liquid bulk transportation with the purchase of Site Services assets in 2000. E. Jerome Agnew founded AGI in 2003 to provide domestic and global sourcing, manufacturing and assembly, warehousing and distribution, and supply chain risk mitigation for U.S.-based companies and key automotive and industrial customers.

“AMS has significant expertise and experience in large- and small-scale regional projects,” Barry DeWitt, managing director for mergers and acquisitions advisory firm Generational Equity, which aided the transaction, said in a news release. “The company has built a solid reputation for competitive pricing and on-time delivery for its projects, which is in line with AGl’s core values.

“This acquisition gives AGI a strong presence in the Georgia and North Florida market.”

AGI continues to strengthen its commercial division, providing “quality” services in supply chain management, and transportation and logistics. AGI is a certified Disadvantaged Business Enterprise (DBE) in Arizona, California, Georgia, Indiana, and Oregon; and a Service-Disabled Veteran Owned Small Business Enterprise.

About the Author

BT staff