The potential QXO acquisition of Beacon Roofing Supply could transform the roofing materials market, leveraging undervaluation, AI, and operational synergies to drive growth.
A fire at The Set, a 44-story luxury high-rise in Manhattan’s Hudson Yards neighborhood, brought 80 firefighters to fight the blaze; no injuries were reported in NYC's largest private project.
Breaking the 200-membership mark, establishing a roofing research center and strong financial commitment to workforce development are among the highlights
The Roofing Alliance's 2023-24 Annual Report highlights innovation, philanthropy, and education, including membership growth, new roofing studies, $1M scholarships, and workforce development.
Eskola Roofing expands in the Southeast and Southwest by acquiring Frontier, BBG, and Keating Roofing, adding expertise and growing to 22 locations across 11 states.
QXO, the start-up led by Brad Jacobs with nearly $5B in cash reserves, reportedly offered to acquire Beacon Roofing Supply, sending Beacon’s stock to a 52-week high.
The Davis Memorial Foundation, a supporter of construction education since 1997, will expand its focus on roofing, raise scholarship awards to 15 at $5,000 each, and fund SkillsUSA grants.
The Roofing Alliance welcomes Progressive Roofing as its 201st Governor Member, joining industry leaders to drive innovation, workforce development, and education in roofing.
Nastar Roofing owner William Skaggs and payroll administrator Billie Adkison admitted to a $2.5 million employment tax fraud scheme, paying employees in cash but failing to withhold taxes or report that income to the IRS.
The Florida Roofing and Sheet Metal Contractors Association says changes to regulations allowing roofers to perform wind mitigation will speed recovery efforts and ease insurance burdens
Industry experts and trade groups, such as the Florida Roofing and Sheet Metal Contractors Association, are urging Florida regulators to allow roofing contractors to install hurricane straps during reroofing.