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Roofing Industry News
Beacon Announces Agreement to Divest Interior Products Business
U.S. private equity firm American Securities LLC to acquire the interior products business for $850 million. Beacon (Nasdaq: BECN) (the “Company”) announced the execution of a definitive agreement to sell its interior products business. $850 million purchase price provides attractive valuation for Beacon’s Interior Products business Significantly strengthens balance sheet and accelerates ...
Less Availability of Building Materials Emerges as Significant Pandemic Challenge for Contractors
71% of commercial construction contractors face at least one material shortage. More contractors are facing a shortage of building materials as the pandemic continues, according to new fourth quarter data from the U.S. Chamber of Commerce Commercial Construction Index (Index). This quarter, 41% of contractors say less availability of building products ...
The 2020 Election Could Be Good News for Contractors
By Gary Thill, IRE. Learn why industry leaders are being cautiously optimistic about the 2020 election results. Industry leaders across the United States are expressing optimism after the 2020 election resulted in a win for Joe Biden and his administration. While the American people and the government still sit divided, ...
Learn the Latest Lobbyists' Predictions for 2021
By Gary Thill, IRE. Immigration, infrastructure, regulation and more. Transformative legislation, regulatory hurdles and long-awaited immigration reform are just a few of legislative topics that lobbyists are predicting could see the light of day in the new year. Now that the 2020 election is mostly behind us, NRCA and other ...
The International Roofing Expo Adds a Virtual Conference and Expo in 2021 and Announces New Show Dates as it Continues to Connect the Industry
The International Roofing Expo, with the full support of the NRCA, is excited to launch a virtual conference and expo in 2021 in addition to their physical event. The virtual event will be held on March 2-4, and the in-person event is rescheduled from April to August 10-12 at the Mandalay ...
IB Roof Systems™ Recognizes Distinguished Honorees During Office Dedication
IB Roof Systems relocates headquarters to Grapevine, Texas increasing fulfillment capacity of distribution center. IB Roof Systems™, a leading provider of complete PVC roofing solutions for flat or low-sloped roofs, recognized five distinguished honorees at an office dedication held on November 20, 2020. After eight years in Irving, Texas, IB Roof ...
Dodge Data & Analytics Expects Construction Starts to Recover in 2021
Dodge Outlook 2021 predicts a slow and uneven recovery throughout the year. Dodge Data & Analytics (https://www.construction.com) today released its 2021 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts will increase 4% in 2021, to $771 billion. “The COVID-19 pandemic ...
Projects Still Being Delayed or Cancelled Due to COVID
By National Roofing Contractors Association. Survey indicates second wave of business being affected by the virus. Associated General Contractors conducted a survey of construction companies where many were reporting that their businesses are being disrupted due to COVID-19-related issues according to www.constructiondive.com. Three quarters of contractors surveyed said they had projects delayed or ...
Cotney Consulting Group Honored With Three Industry Recognitions
The recognitions were given by leading business publications that seek to identify firms that are helping businesses grow and succeed. Cotney Consulting Group, a leader in providing comprehensive services designed to help roofing companies overcome obstacles, has been recognized with two awards for their excellence in service and success in the ...
ICP Acquires Leeson Polyurethanes, A Leading Adhesive and Coating Company in the U.K.
The acquisition bolsters the company’s portfolio of comprehensive building solutions for professionals and extends its global reach. Innovative Chemical Products (the ICP Group) today announces the acquisition of Leeson Polyurethanes, a leading U.K.-based manufacturer of polyurethane adhesives and coatings used in a variety of sectors and markets. Founded by the Leeson family ...
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