Capstone Holding Corp. (NASDAQ: CAPS) announced that its Carolina Stone subsidiary is expanding into the Wilmington–Myrtle Beach coastal corridor, targeting a region where more than 230 new-home communities are currently in development.

The expansion is described by the company as a response to demand from existing builder partners. The new operation is expected to open between August and September 2026, with revenue contribution anticipated in the second half of that year.

According to the press release, the expansion follows a series of commercial wins, including the growth of Carolina Stone's relationship with D.R. Horton to 19 communities, which the company says contributed to its strongest order volume in two years.

"Myrtle Beach is the second-fastest-growing metropolitan area in the country, and expanding into this market is a key milestone for Carolina Stone," said Matthew Lipman, Chief Executive Officer. "This expansion is a direct response to demand from our builder partners, who are seeking greater access to our products and installation services as they grow across the coastal Carolinas."

The expansion is intended to increase Carolina Stone's capacity to sell architectural stone products and installation services in the region. Capstone operates across 38 U.S. states and Canada, distributing stone veneer, hardscape materials, and modular masonry systems.