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Home » Topics » News

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business-1730089_1280-Beacon-QXO.jpg
Distributor News

Beacon Once Again Rejects $11-Billion Buyout from QXO

Beacon board repeats claims QXO's offer undervalues the company while QXO urges Beacon to let shareholders decide
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
February 6, 2025
No Comments

Beacon's board submitted a unanimous recommendation to its shareholders to reject QXO's offer to acquire all outstanding shares at $124.25 per share in cash.


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David Neal is Georgia-Pacific’s new executive vice president of Building Products.
Leadership News

Georgia-Pacific Names David Neal Executive V.P. of Building Products

Roofing Contractor
Roofing Contractor Staff
February 6, 2025
No Comments

Georgia-Pacific named David Neal EVP of building products, succeeding Andy Konieczka in March. Neal, a 27-year company veteran, led major growth in gypsum.


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Martin Solar's Hidden Fastener Solar Mount as one of 20 semifinalists in the American-Made Solar Prize Round 8.
Innovation News

Martin Solar Invention Wins First Phase of Dept. of Energy Solar Prize Round 8

First-of-its-kind solar mount is one of 20 semi-finalists nationwide
Roofing Contractor
Roofing Contractor Staff
February 6, 2025
2 Comments

Martin Solar’s Hidden Fastener Solar Mount was named a semifinalist in the DOE’s Solar Prize Round 8, earning $50K; the mount preserves roof integrity without external penetration.


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A rooftop sign saying “Welcome to Cleveland” tricks passengers as they land at Mitchell International Airport in Milwaukee, Wisc.
Odd News Dispatch

Rooftop Welcomes Planes to Cleveland, Except It’s Milwaukee

Six-foot tall lettering welcomes airplane passengers to Cleveland despite touching down in Milwaukee, Wisc., prompting confusion
Bryan Gottlieb
Bryan Gottlieb
February 6, 2025
No Comments

For 46 years, Milwaukee artist Mark Gubin’s rooftop sign reading “Welcome to Cleveland” has amused and confused airline passengers seeing his message as they land — in Milwaukee, Wisc. 


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Canada’s VersaBank announced it had partnered with Watercress Financial Group LLC.
Finance Partnership

Versabank Partners with Watercress Financial on Purchase Program

Canadian bank will help fund consumer loan originations
Roofing Contractor
Roofing Contractor Staff
February 5, 2025
One Comment

VersaBank partners with Watercress Financial to fund U.S. home improvement loans through its Receivable Purchase Program, expanding its proven digital funding model.


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A 48" Underlayment from MFM Building Products
New Product News

MFM to Launch 48-Inch Underlayment at IRE 2025

Company plans to offer free samples on exhibition floor
Roofing Contractor
Roofing Contractor Staff
February 5, 2025
No Comments

MFM Building Products will unveil its 48” Wind & Water Seal underlayment at IRE 2025. Designed for metal roofs, it offers high-temp adhesion and enhanced water protection.



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Raymond Corp. chose Purdue University (pictured) as its 2025 University Research Program recipient.
Education

Raymond Picks Purdue for 2025 Research Funding Program

University among 19 competing for annual funding opportunity
Roofing Contractor
Roofing Contractor Staff
February 5, 2025
No Comments

The Raymond Corporation selected Purdue University's research on logistics flexibility for funding through its University Research Program, which has invested $5M in 19 projects since 2016.


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RT3 announces events taking place at the 2025 International Roofing Expo.
IRE 2025

RT3 Announces Activities for the 2025 International Roofing Expo

Activities include a solar technology lunch and learn and a technology panel designed to help contractors on their technology journey
Roofing Contractor
Roofing Contractor Staff
February 4, 2025
No Comments

RT3 will host a lunch and learn on Feb. 18, discussing solar tech, and a Feb. 21 panel on navigating roofing technology at the 2025 IRE, offering insights on AI, scaling, and vendor selection. 


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US LBM acquires Walker Lumber & Supply.
Acquisition News

US LBM Purchases Walker Lumber & Supply

Building materials distributor expands its presence into Tennessee
Roofing Contractor
Roofing Contractor Staff
February 4, 2025
No Comments

US LBM enters Tennessee by acquiring Walker Lumber & Supply, a 75-year-old distributor. The current leadership will remain in place. 


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A report from Brown Gibbons Lang & Company projects the U.S. roofing market will grow at an annual rate of 4.5% through 2030.
Economic Indicators

New Report Says Roofing Poised for Growth if Contractors Adapt to Shifting Trends

Analysis says growth continues, but contractors must adapt to changing industry dynamics to stay competitive
Bryan Gottlieb
Bryan Gottlieb
February 4, 2025
No Comments

A new report by investment bank Brown Gibbons Lang & Company says the U.S. roofing market is projected to grow 4.5% annually through 2030; drivers include non-discretionary re-roofing, rising material costs, sustainability, and industry consolidation.


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On-Demand Most roofing owners are great at the work. Knowing how to communicate what you do, why it matters, and what sets your business apart is just as important.

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