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Home » Topics » News

News
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Latite Roofing & Sheet Metal has been purchased by an affiliate of Sun Capital Partners.
Acquisition News

Sun Capital Partners Affiliate Closes on Latite Roofing & Sheet Metal

Latite seeks to leverage Sun Capital's operational expertise and M&A strategy to accelerate growth
Roofing Contractor
Roofing Contractor Staff
January 10, 2025
No Comments

Sun Capital Partners has acquired Latite Roofing & Sheet Metal, a Florida-based residential and commercial roofing service provider. 


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IKO plans to build a new granule facility in Missouri.
Manufacturer News

IKO Announces Plans to Open New Granule Facility in Missouri

Roofing Contractor
Roofing Contractor Staff
January 10, 2025
No Comments

IKO plans to open a $120M granule facility in Bismarck, Mo., creating 50-plus jobs and supporting its U.S. shingle plants; the project is set to open in 2026. 


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Distributor News

ABC Supply Co. Receives 2025 NAW Distributors Deliver Award

Award recognizes forward-thinking distributors demonstrating leadership and community engagement
Roofing Contractor
Roofing Contractor Staff
January 9, 2025
No Comments

ABC Supply is being honored for its contributions to the distribution industry, including the NAW's Litigation and Policy Center and multiple philanthropic endeavors.


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A screengrab showing the excavator overturned and the cab fully submerged following the accidental death of a 27-year-old construction worker in North Carolina.
OSHA News

Employer Negligence Cited in NC Worksite Drowning of 27-Year-Old

U.S. Department of Labor deemed the August drowning death of a 27-year-old employee in Leland, N.C., preventable
Bryan Gottlieb
Bryan Gottlieb
January 9, 2025
No Comments

Austin Eugene Furner, a 27-year-old Marine veteran, drowned at an NC worksite after his employer, Rigid Constructors, failed to provide lifesaving equipment, OSHA found.


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Beacon executives swap roles.
Distributor News

Beacon Executive Committee Members Swap Roles

Roofing Contractor
Roofing Contractor Staff
January 9, 2025
No Comments

Jonathan Bennett and Jake Gosa will take on the other's role, with Gosa becoming executive vice president and chief commercial officer and Bennett now the new president of the North Division.


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Elayne Padron (pictured) has been promoted to branch manager at Long Beach Roofing, Inc., in Signal Hill, Calif.
Promotions News

Long Beach Roofing promotes Elayne Padron to Branch Manager

Roofing Contractor
Roofing Contractor Staff
January 8, 2025
No Comments

Columbia Roofing & Sheet Metal promoted Elayne Padron to branch manager at its California subsidiary, Long Beach Roofing; Padron brings 20 years of experience and now oversees daily operations.


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A 140-plus-year-old mansion was reroofed using DaVinci’s Multi-Width Slate.
Awards News

DaVinci Roofscapes Announces Masterpiece Contractor 2024 Project of the Year Awards

Roofing Contractor
Roofing Contractor Staff
January 8, 2025
No Comments

DaVinci Roofscapes announced the six outstanding residential and commerical winners of the 2024 DaVinci Masterpiece Contractor Project of the Year Awards. 


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December’s PMI shows demand increased in December as hopes are pinned on a new Trump administration.
Economic Indicators

December’s PMI Shows Demand Up as Hopes Are Pinned on Trump

Manufacturing is up, orders are up, but tariffs are on the mind of many
Bryan Gottlieb
Bryan Gottlieb
January 7, 2025
No Comments

December’s PMI rose to 49.3%, with new orders at 52.5%, signaling cautious optimism amid governance changes, tariff concerns, and rising costs in manufacturing sectors.


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MMI was sold to OmniMax International.
Acquisition News

Millennium Metals, Inc. Sold to OmniMax International

Heritage Capital Group advises OmniMax on acquisition of Millennium Metals
Roofing Contractor
Roofing Contractor Staff
January 7, 2025
No Comments

OmniMax International acquired Millennium Metals to expand its roofing accessories product lines and geographic footprint.


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Keith Denny has been named CFO of RAFTR Roofing + Exteriors.
Hiring News

RAFTR Roofing + Exteriors Names Keith Denny as Chief Finance Officer

Industry veteran to join growing portfolio
Roofing Contractor
Roofing Contractor Staff
January 7, 2025
No Comments

RAFTR Roofing + Exteriors appointed Keith Denny as CFO, citing his proven record in driving EBITDA growth, strategic finance, and operational excellence. 


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