Owens Corning reported $11.0B in 2024 sales and $2.0B adjusted EBIT, despite a Q4 net loss of $258M, as strategic moves, acquisitions, and divestitures reshape its future.
Ridgeline Roofing & Restoration acquired Mississipi-based Pro Shield, expanding its footprint into the Southeast. Terms were not disclosed and Pro Shield will operate under the its existing brand.
Houzz and Figure Lending partnered to integrate digital HELOC financing into Houzz’s platform, helping homeowners fund renovations and enabling pros to secure larger projects.
Sika Roofing honored Best Contracting Services with its 2024 Project of the Year award for the firm’s work on the Intuit Dome in Inglewood, Calif., the home venue of the NBA’s LA Clippers
Minnesota-based Oberg Roofing collapsed under mounting debt; things have worsened after court records reveal 19 lawsuits seeking $4.93 million. Legal Insights columnist Trent Cotney weighs in on Oberg's ultimate undoing and how to mitigate the risk.
GAF debuts new roofing solutions at IRE 2025, showcasing solar, metal, insulation, and commercial products alongside contractor tools, FORTIFIED roofs and live demos; visit Booth No. 19060.