The roofing industry can take pride in the fact that many manufacturers have supported Extreme Makeover and other shows that actually change the world for the better.
Following acquisition by Republic Financial Corp. and Chapter 11 filing in May 2004, generalRoofing emerged from the bankruptcy filing in October of the same year. An astounding turn-around, but new owner Republic has displayed an uncommon ability in the area of taking sound, but troubled assets and turning them around.
The company started with three brothers-Antonio, Luigi and Romano Zanchetta-who were roofing contractors. They were also aspiring entrepreneurs with a vision to improve the roofing industry through innovative technology.
The general consensus seems to be that while business is improving, material shortages and prices increases-not to mention insurance woes-will keep roofing contractors on their toes in 2005.