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.
Owens Corning exceeded Q3 2024 estimates with strong earnings and net sales, driven by strategic shifts to high-margin products and divestments, achieving $4.38 EPS, $3.05B in sales, and improved cash flow despite market challenges.
In September, U.S. construction spending rose by 0.1% to $2.14T, with private residential projects driving a slight increase; public-sector construction grew by 0.5%, totaling $495.2B.
Beacon reported Q3 2024 net income of $145.3 million, with an adjusted EPS of $2.80, missing analyst expectations of $2.88; despite lower activity, CEO Julian Francis emphasized strong demand and effective margin management.
MRCA Associate Managing Director Bob Pope received the prestigious James Q. McCawley Award during the MRCA’s 74th Annual Conference, which kicked off on Oct. 22 in St. Paul, Minn.; 2023 winner Greg Bloom of Beacon Building Products presented the honor.
3BL has ranked Owens Corning fourth in its 2024 100 Best Corporate Citizens list, recognizing the company's transparency and performance in ESG factors, marking its seventh top-10 appearance.