Grey Outdoor LLC acquires HBI Outdoor
Grey Outdoor acquires Whiteville NC Billboards and announces the purchase of 18 billboard structures from HBI Outdoor based out of Whiteville NC in Columbus County NC. The purchase included all the billboards owned by HBI Outdoor (43 Faces) including the right to rebuild 3 signs. The 3 signs are currently being taken down by the NCDOT for a road widening project. All of the structures were wooden builds and several had been recently rebuilt after hurricane and storm damage.
The purchase was made with Cash and Billboard Advertising Trade for HBI’s main business, Pawn South. The advertising trade for Pawn South will occur over a 10 year period for the Pawn Shopping Network. The purchase expands Grey’s coverage in this area to enables Grey Outdoor LLC to better serve the needs of their customers in Columbus County and surrounding areas. To view all the locations owned by Grey Outdoor Click Here
Now that Grey Outdoor owns the Whiteville NC Billboards which are located near Whiteville NC, Chadbourn NC, Tabor City NC, and Lake Waccamaw NC there are more billboards available for rent. Grey Outdoor also serves areas such as Shallotte NC, Brunswick NC, and Tabor City NC on Highway 701, Highway 130, Highway 410, and Highway 74 Business. There are a total of 43 faces because some of the sign structures are stacked style signs which allow more than one face per sign. Most of the signs are 10×24 or 10×20 Ft Sign Faces. Some of the advertisers include Colliers Jewelers, Whiteville Rentals, Columbus Regional Hospital, and Mcdonalds in Whiteville NC.
Grey Outdoor now has full billboard coverage around Whiteville NC, Tabor City NC, Lake Waccamaw, and The Chadbourn areas. Many of the signs have existing advertisers. Grey will work toward filling them up with local and regional advertisers. They now own 207 Billboard Structures with 475 Billboard Faces. Grey also has plans to build 50+ structures (100+faces) over the next 2 years.
Whiteville NC is a historical treasure and is growing steadily because of the new highway project and also the relocation of the BB&T local headquarters.