Rising steel and aluminum costs, driven by tariffs and global shifts, are shaking up U.S. construction — especially roofing. Contractors face tough choices: absorb costs, pass them on, or rethink materials.
QXO has tentatively completed its $11 billion acquisition of Beacon, securing 580 branches across North America. The deal aims to modernize operations using AI for improved efficiency and is expected to close in April.
Rising construction costs in early 2025 were fueled by a rush to buy materials before new tariffs took effect, giving domestic producers more pricing power, the Associated Builders and Contractors trade group reports.
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.
QXO has potentially secured an additional $830M in private funding, boosting cash reserves to $6B for its $11B bid to acquire Beacon; the company aims to modernize the $800 billion building-product distribution sector through AI.
Art Unlimited CEO Anna Anderson explores how roofing contractors should approach selling to the next generation of homeowners looking for a different experience from their grandparents.
Scammers cloned a UK roofing firm's website, deceiving customers and harming its reputation. As technology use increases, experts warn contractors about rising cyber threats like phishing and ransomware.
By adopting an iterative approach to improving her company, WRYKER Construction Supply President Julia Farrell ensures the distributor serves up wins for its customers.
NRCA CEO McKay Daniels previews the issues and opportunities roofing contractors and others will discuss during industry’s annual fly-in event at the nation’s capital April 8-9.
Beacon's board of directors has entered into preliminary discussions for QXO to acquire all outstanding Beacon shares at $124.35 per share following months of a hostile takeover threat.