With the nation facing a shortage of millions of homes and mortgage rates stubbornly high, builders, contractors and suppliers find themselves caught between soaring demand and an increasingly challenging economic environment.
As homeowners face five-figure roof replacement costs, a growing number of companies are marketing spray-on treatments that claim to restore aging asphalt shingles for a fraction of the price.
WNC Roofing has started a 4,400-square-foot expansion of its Fletcher, N.C., headquarters, adding offices, a state-of-the-art training and safety conference room, and upgraded shop space to support faster crew deployment.
Action Roofing Services, in partnership with Tampa-based Operation Healing Forces, provided a free roof to a Special Forces veteran who was dealing with a 20-year-old roof.
Valor Exterior Partners, a portfolio company of Osceola Capital, has acquired Unisource Roofing, expanding Valor's presence into Kentucky, and A. Caspersen Co., bolstering Valor's presence in the Ohio market.
With the federal government shut down, critical job market data is offline — and new numbers from Indeed suggest construction employment has fallen to its lowest level in years.
Having witnessed the devastation caused by hurricanes, storms and other disasters in its line of work, BluSky Restoration Contractors held a fundraising event to serve those displaced by life-altering disasters.