State of the Industry

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Approaching more stability after the volatility of the past couple of years, sales of new single-family homes in the US significantly corrected down in June, at 697,000 units, which is 2.5% lower than May's downwardly revised 715,000, but up almost 24% compared to June 2022. 

Quarter-to-quarter comparisons show massive increases in most products, though a year-to-year analysis hints that supply issues are not over just yet.

Power Home Remodeling, a national full-service exterior home remodeler, is expanding its benefits offerings to subsidize childcare for employees and their families; the benefit will offset the cost of child care by 40%, providing employees up to $5,000 annually for child care costs.

With the launch of Roofing Supply Pro in March 2023 during the International Roofing Expo in Dallas, our mission is helped along by six of the industry's leading experts in their respective fields. Discover who helps shape our coverage.

David Weekley Homes named SRS Distribution one of its National Preferred Partners for the third consecutive year; the award recognizes companies consistently operating at world-class quality and customer service levels.

Brad Van Dam, vice president of MTL Holdings, provides insights into the state of the roofing industry, covering labor, supply chain and sustainability.

A deal announced by France’s Saint-Gobain to acquire privately-owned Building Products of Canada Corp. on June 12 in a nearly $1 billion cash acquisition solidifies the concern’s dominance within the Canadian construction product manufacturing sector.

The Asphalt Roofing Manufacturers Association announced its annual Accident Prevention Contest winners, recognizing more than 60 asphalt roofing manufacturing facilities throughout North America for their workplace safety records, particularly their low incident rates among workers.

Holcim announced on May 3 it had acquired Mexico’s PASA, a regional roofing and building supply manufacturer, gaining a significant footprint in Mexico and Central America.

Morgan Stanley Capital Partners bets big on roofing as it acquires Allstar Services of Minneapolis, Minn., and plans to scale the residential roofing concern into a national player.