Roofing Supplier News - Articles - Page 11

Acquisition News

Lowe's to Purchase Foundation Building Materials for $8.8B

FBM's network consists of 370 locations in the U.S. and Canada, serving 40,000 Pro customers

Chris Gray, editor of Roofing Contractor and Roofing Supply Pro

August 20, 2025

Lowe's is boosting its Pro ecosystem with the acquisition of Foundation Building Materials Inc., a distributor of interior building products, for $8.8 billion.

Latinos in Roofing

First Pantera Pros Summit Empowers Latino Contractors

Dallas Event Marks First-Ever Gathering of Top Owens Corning Latino Roofing Professionals

Tanja Kern

August 20, 2025

2 Comments

Latino roofing contractors gathered at Owens Corning's inaugural Pantera Pros Summit, celebrating a community that's creating 36% of all new U.S. businesses.

Distributor News

SRS Distribution Announces Acquisition of Roadrunner Roofing Supply

Roofing Contractor Staff

August 18, 2025

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Formed in 2020, Roadrunner Roofing Supply of Arlington, Texas will join SRS Distribution's family of companies.

Quarterly Earnings

QXO Sees Early Gains from $10.6B Beacon Acquisition

Building products distributor posts $1.9B in quarterly sales as combined operations show mixed early results

Tanja Kern

August 14, 2025

No Comments

QXO posts mixed Q2 results two months after its $10.6B Beacon acquisition, reporting adjusted profit but GAAP loss as CEO promises to double the unit's EBITDA.

Hiring News

LP Building Solutions Appoints Lynn Cobb as Marketing VP

Former MasterBrand executive brings P&G, DuPont experience to newly created role overseeing growth initiatives

Roofing Contractor Staff

August 12, 2025

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LP Building Solutions appointed Lynn Cobb as vice president of marketing to lead commercial strategy and brand management for the high-performance building products maker.

Awards

Burns & Scalo Wins Carlisle M1LEstone Roofing Award

The M1LEstone Award is presented to fewer than 1% of Carlisle's Authorized Applicators

Roofing Contractor Staff

August 11, 2025

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Burns & Scalo Roofing Company receives Carlisle's M1LEstone Award for installing one square mile of warranted roofing systems—an honor achieved by only 1% of applicators.

Distribution

Metal Roof Expert S-5! Expands with Krannich Deal

Solar attachment leader adds major distributor to expand market reach across four U.S. locations

Roofing Contractor Staff

August 8, 2025

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S-5! announces distribution partnership with Krannich Solar USA to expand solar mounting solutions nationwide through four branch locations.

A roofing contractor installs peel-and-stick roofing underlayment

Roofing Resiliency

GAF Achieves Milestone in Storm-Proof Roofing Training

Partnership with IBHS certifies 650+ contractors in weather-resistant FORTIFIED roofing standards

Roofing Contractor Staff

August 6, 2025

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Since launching the alliance with Insurance Institute for Business & Home Safety, GAF has successfully trained more than 650 individuals from over 350 GAF Master Elite companies to become FORTIFIED certified.

Quarterly Earnings

Owens Corning Hits 20th Straight Quarter of 20%+ Margins

Company achieves 20th consecutive quarter of 20%+ EBITDA margins

Tanja Kern

August 6, 2025

No Comments

Owens Corning delivered robust second-quarter results with earnings per share surging 34% and revenue growth of 10%, demonstrating the building products leader's resilience in challenging market conditions.