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.
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.
BITEC, Inc. will debut its Imperflex SA2 two-square self-adhered base sheet at IRE 2025, expanding its SBS-modified system to meet contractor demand for larger coverage.
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.
Asphalt roofing shipments dipped in Q4 2024, continuing a seasonal trend, but the year saw record highs in several categories, including the strongest year for U.S. shingle shipments since 2017 despite growing interest in roofing materials like metal.
After QXO bypassed Beacon's Board of Directors and took its offer directly to shareholders, Beacon swallowed a 'poison pill' to thwart a hostile takeover attempt
Beacon Building Supply adopted a 'poison pill' defense after QXO took its $11B offer directly to shareholders; the move by Beacon allows shareholders to dilute QXO’s stake if it acquires 15% or more. Discover the latest moves.
Convoy Supply named Jean-Marc Sager as president and CEO, succeeding Martin Côté. With 30+ years of global experience, Sager aims to drive growth and efficiency.