QXO, Inc. publicly offered to acquire Beacon for $124.25 per share in cash, valuing the deal at $11 billion — 37% above Beacon’s 90-day average price — and is seeking shareholder consideration.
The wildfires in Los Angeles County, Calif., underscore the rising year-round risks of an expansive Wildland-Urban interface, making fire-resistant roofing underlayments essential for protecting homes from embers and intense heat.
A Florida appeals court ruled that a “Direction to Pay” agreement is not an Assignment of Benefits, emphasizing efforts to curb AOB misuse, reduce litigation, and stabilize rising insurance costs.
Reporting shows that undocumented workers make up 10% of U.S. construction labor, with 75,600 roofers among them, highlighting the industry's heavy reliance on migrant labor to fill critical job shortages.
With the new year underway, roofing distributors offer their thoughts on the state of the industry and where it is heading, with consolidation and technological innovations at the fore.
Roofing Contractor magazine has opened nominating submissions for 2025's Roofing Contractors of the Year; entry is free and must be submitted online and received by June 2, 2025.
The Connecticut Supreme Court ruled Ace Insurance failed to properly cancel Napolitano Roofing’s workers’ comp policy due to ambiguous notices, obligating it to defend a claim.