On Feb. 12, Building Materials Corporation of America (BMCA) and ElkCorp. announced they had entered into a definitive merger agreement under which BMCA will acquire all of the outstanding common stock of ElkCorp for $43.50 per share in cash. The agreement with affiliates of BMCA followed ElkCorp’s termination of its previous merger agreement with affiliates of The Carlyle Group (Carlyle).
NORWOOD, Mass. - To better support the needs of the roofing industry, FM Approval is now allowing roofing professionals free, unrestricted access to RoofNav, its Web roofing tool. The comprehensive, online time-saving tool provides roofing professionals with all the engineering and technical information on more than 6,000 FM-approved roofing products and 180,000 roofing assemblies.
ABC Supply Co. Inc. has promoted two members of its management team. Kim Hendricks was promoted to the position of vice president. She will continue to serve as president of the company’s Mule-Hide Products Co. Inc. subsidiary.
MIAMI - For the 12th consecutive year, the National Roofing Contractors Association (NRCA) and other roofing industry partners donated financial and physical support to Rebuilding Together’s 2007 “Kickoff to Rebuild.”
SPOKANE, Wash. - United Coatings has launched its new Customer Loyalty Program for all factory-approved applicators and distributors. The program is designed to generate growth opportunities for new and existing applicators and distributors of the company’s protective coatings.
FAIRFAX, Va. - Commercial and residential contractor Shiner Roofing awarded a free roof to the McGunagle family of Arlington, Va. As winners of the Shiner Roofing Free Roof Sweepstakes, the family received a $5,783 check, the full cost of their Shiner-installed roof.
VALLEY FORGE, Pa. - CertainTeed Corp. announced the launch of “Lideres Exitosos” (Successful Leaders), a leadership training course for Spanish-speaking roofing professionals.
EUGENE, Ore. - IB Roof Systems has a new brand mark logo featuring the tagline, “Expect More.” The company is making the change to what it describes is a cleaner, more distinguished logo to reflect its commitment to providing high-quality roofing products and customer service.
WASHINGTON - The Roof Coatings Manufacturers Association (RCMA) elected and installed new members of the board of directors and committee chairs at the association’s 2007 Annual Conference & Expo, held Jan. 13-17 at the Hilton Cancun Golf and Spa Resort, Cancun, Mexico.
CANTON, Mass. - Thermoplastic roofing manufacturer Sarnafil Inc. has announced its name has officially changed to Sika Sarnafil Inc. Sarnafil was purchased by Sika AG of Baar Switzerland at the end of 2005.
“The new name is reflective of the new ownership and business strategy to take advantage of the resources that Sika brings to bear without changing the corporate culture and commitment to high quality products that you have come to expect from us,” said Brian Whelan, president and CEO of Sika Sarnafil Inc.