Beacon's board of directors has entered into preliminary discussions for QXO to acquire all outstanding Beacon shares at $124.35 per share following months of a hostile takeover threat.
President Donald Trump’s broad-based immigration enforcement using multiple government agencies has scrutinized employers more; more worksite inspections, I-9 examinations, audits, targeted investigations, and severe penalties for non-compliance.
With tariffs in place against America’s three largest trading partners — and a crackdown in undocumented workers — how will the roofing and broader construction industry manage?
In this latest "Best of Success" podcast, Legal Insights columnist Trent Cotney analyzes the effects of the new Trump-era tariffs on Canadian, Mexican, and Chinese imports, warning roofing contractors about rising material costs. He also discusses the labor shortage caused by stricter immigration policies.
U.S. Immigration and Customs Enforcement agents arrested five roofers in Duluth, Minn., prompting concerns over mass deportations. Amid Trump’s crackdown, arrests have surged, sparking fear among crews within construction and manufacturing.
QXO extended its $124.25 per share tender offer for Beacon to March 10, citing strong momentum despite board resistance, rising commitments, and full financing secured.
NRCA’s free webinar on March 7 previews Roofing Day in D.C. 2025, offering advocacy training, issue insights, and expert guidance to help industry voices be heard on April 8-9, 2025
President Trump’s executive orders on tariffs, regulation, funding, labor and taxes could reshape the construction industry. Uncertainty surrounds the near term, with supply chain and workforce challenges at the forefront, but new opportunities may lie ahead.
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.
Understand how changes from the Trump administration are affecting roofing contractors as well as the legal issues associated with using subcontractors
The second Trump administration has started making sweeping changes that will impact roofing contractors across America. RC Legal Insights Columnist Trent Cotney shares how.
QXO further escalates its takeover bid for Beacon: In the latest, the pursuer proposes a new board slate following the rejection of its $11B offer. Shareholders now face a pivotal decision in the battle for control.