QXO, Inc. closed its $11 billion acquisition of Beacon Building Supply, rebranding under the QXO name and aiming to modernize building materials distribution.
RC Legal Insights expert Trent Cotney, partner with Adams & Reese, explains the latest on how the Trump tariffs are impacting the roofing and construction trades.
In this video, RC Legal Insights Expert Trent Cotney explores the moving targets that tariffs have become and how concern is growing among roofing contractors.
New U.S. tariffs on imports could drive up roofing and construction costs, straining supply chains and increasing material shortages. Contractors must adapt quickly as the industry braces for impact.
QXO’s $11B acquisition of Beacon aims to transform the roofing supply chain with AI, tech upgrades, and employee-driven insights — promising streamlined operations and growth. What’s next for contractors?
James Hardie is set to acquire AZEK for $8.75B, merging to create a leading exterior and outdoor living brand; the deal is set to close in the second half of 2025.
Federal agents uncovered 700,000 fentanyl pills hidden in roofing shingles, exposing a new smuggling tactic that raises safety concerns for contractors and supply chains.
President Trump made good on his promise to enact 25% tariff on imports from Canada and Mexico, and a 10% additional tariff on Chinese goods effective March 5, shaking markets and raising costs for industries. Some roofing contractors and distributors are already adjusting prices.
President Trump’s announced 25% tariffs on steel and aluminum imports have fueled talk of economic uncertainty, disruption of supply chains and an escalation of global trade tensions.