News - Articles - Page 56 | Roofing Contractor

Crime Blotter

Bankrupt Lexington Blue CEO Admits He Doesn't Know How to Install Roofs

Court proceedings for Kentucky roofing contractor reveal details about company's financial collapse

Chris Gray, editor of Roofing Contractor and Roofing Supply Pro

November 5, 2025

The CEO of Kentucky-based Lexington Blue admitted he didn't know how to install roofs, and claimed ignorance of the company's financials and record-keeping during federal bankruptcy court proceedings.

Quarterly Earnings

TopBuild Lifts 2025 Outlook After Solid Q3, $1.2B Deals

Strong acquisition activity and growth in commercial and industrial markets bolster TopBuild’s non-cyclical revenue mix despite residential slowdown

Tanja Kern

November 5, 2025

No Comments

TopBuild Corp. reported third-quarter 2025 sales of $1.4 billion, in line with expectations, and raised its full-year outlook following a series of major acquisitions totaling $1.2 billion in annual revenue.

Mergers & Acquisitions

Zags Home Services Acquires Michigan Home Restoration

The parent company of American Standard Roofing and Zags Roofing expands in Metro Detroit, strengthening its local presence and service capabilities

Roofing Contractor Staff

November 4, 2025

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Zags Home Services has acquired Michigan Home Restoration, expanding roofing and restoration services across the region.

Hiring News

MuleHide Names Four to Key Sales and Account Roles

Low-slope roofing manufacturer MuleHide adds three new territory managers and a strategic account manager to strengthen customer and modular market support

Roofing Contractor Staff

November 4, 2025

No Comments

Low-slope roofing manufacturer MuleHide has named three new territory managers and a new strategic account manager for modular roofing.

Technology

Owens Corning Teams Up with Renoworks for AI-Powered Design EyeQ

Owens Corning introduces its new Design EyeQ Roofing Visualizer, powered by Renoworks AI, enhancing the long-running platform with next-gen technology

Roofing Contractor Staff

November 4, 2025

One Comment

Owens Corning updates its popular Design EyeQ tool with Renoworks AI, giving homeowners a smarter, more realistic roofing design experience and driving contractor leads.

rooftop-with-multiple-panels-featuring-white-coating

Coatings

Scientists Create Cool Roof Coating That Harvests Water from the Air

Coating reflects 97% of sun's rays and can gather 13 fluid ounces of water per 10.8 square feet daily

Chris Gray

November 4, 2025

One Comment

Researchers in Australia have developed a polymer coating that can pull water from the air as well as reflect 97% of the sun's rays, enhancing a roof's ability to collect water and reduce indoor temperatures.

Manufacturing News

Carlisle Companies Announces New President, Vice Chair

New president previously hails from QXO

Chris Gray

November 3, 2025

No Comments

Carlisle Companies Incorporated announced that Jason Taylor, formerly of QXO, will join the company as president of its Construction Materials business.

Economic Indicators

Reroofing Demand Cools Across North America in Q3 2025

Even as reroofing contractors report mixed momentum, new remodeling research shows homeowners still rank new roofs among the most rewarding investments of 2025

Tanja Kern

November 3, 2025

3 Comments

New industry research shows cooling reroofing demand across North America, but steady installation activity and long-term growth prospects.

Construction Employment

The Best U.S. Cities for Construction Workers in 2025

As construction investment climbs and job growth accelerates, three fast-growing cities are setting the pace for America’s building boom.

Tanja Kern

November 3, 2025

No Comments

As U.S. construction spending climbs toward $2.23 trillion, a new analysis by Astrak reveals the best places for construction professionals to live and work in 2025.

Distributor News

QXO Announces Refinancing of Debt Following Q3 $2.73B Sales

Chris Gray

October 31, 2025

No Comments

QXO's early third-quarter figures show it producing net sales of $2.73 billion, though it is dealing with a net loss of $139 million caused by its acquisition of Beacon Building Products.