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Home » Topics » Roofing Supply Pro » Roofing Supplier Operations

Roofing Supplier Operations
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Sustainability News

Sheet Metal Supply to Run on 100% Solar Power

Roofing Contractor
Roofing Contractor Staff
July 10, 2024
No Comments

Sheet Metal Supply announced it now operates 100% on solar power; the array designed by Verde Solutions will produce 5,780,505 kWh over 30 years. 


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A picture of the Automated Products, Inc. facility in Marshfield, Wis.
Acquisition News

US LBM Acquires Wisconsin Truss Manufacturer

Building materials distributor acquires Automated Products, Inc.
Roofing Contractor
Roofing Contractor Staff
July 9, 2024
One Comment

US LBM announced its purchase of Automated Products, Inc., a Wisconsin-based manufacturer of structural building components, enhancing US LBM's Midwest presence and manufacturing capabilities.  


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A partial picture of the 2023 report cover of U.S. Steel’s Sustainability Report, titled “The Future of Steel.”
Sustainability

U. S. Steel Releases Sustainability Report, Emphasizes Progress

Report underscores the company’s focus on innovative sustainability solutions and collaborations that meet market demand
Roofing Contractor
Roofing Contractor Staff
July 3, 2024
No Comments

U.S. Steel's 2023 Sustainability Report showcases efforts to reduce carbon emissions, foster innovation, and form key partnerships, all of which aim to achieve net-zero greenhouse gas emissions by 2050. 


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A Robotize autonomous robot (pictured).
Technology Partnership

Peak Technologies Announces Strategic Partnership with Robotize

Warehouse solutions firm partners with autonomous mobile robot manufacturer
Roofing Contractor
Roofing Contractor Staff
June 27, 2024
No Comments

Peak Technologies has partnered with Robotize to enhance warehouse efficiency by integrating autonomous mobile robots for heavy pallet movement, aiming to streamline operations and boost productivity.


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The cover of Kraton Corp.’s 2023 Sustainability Report titled "Working Together for a Sustainable Tomorrow" (pictured).
Sustainability News

Kraton Corp. Publishes 2023 Sustainability Report

Roofing Contractor
Roofing Contractor Staff
June 26, 2024
No Comments

Kraton Corporation released its 2023 Sustainability Report, "Working Together for a Sustainable Tomorrow," highlighting its commitment to environmental preservation, partnerships, and empowering people. 


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Goldman Sachs increased its holdings of Beacon shares by 11.6% in Q4 of 2023. (Goldman Sachs HQ pictured.)
Distributor News

Goldman Sachs Bullish on Beacon, Increases Position by 11.6%

Investment Bank now holds $52M in stock
Bryan Gottlieb
Bryan Gottlieb
June 21, 2024
No Comments

Goldman Sachs increased its Beacon Roofing Supply shares by 11.6% in Q4, owning 602,287 shares worth $52.4M. Despite a "hold" rating from StockNews.com, other investors and analysts remain confident.


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Town & Country Industries, a division of ABC Supply Co., acquired the assets of Mobile-based Aluminum Products Wholesale LLC.
Distributor News

ABC Supply Co. Acquires Aluminum Products Wholesale

Town & Country Industries, a division of ABC Supply, purchases assets of Alabama company
Roofing Contractor
Roofing Contractor Staff
June 21, 2024
No Comments

Town & Country Industries, a division of ABC Supply Co., acquired the assets of Mobile-based Aluminum Products Wholesale LLC.


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IKO Commercial announced its expansion into New York by hiring two exclusive sales agents.
Manufacturer News

IKO Commercial Expands New York Footprint

Appoints BEST and MPDL Roofing as Exclusive Independent Sales Agencies
Roofing Contractor
Roofing Contractor Staff
June 20, 2024
No Comments

IKO announced the expansion of its New York footprint by appointing BEST for NYC and MPDL Roofing for upstate New York as exclusive independent sales agencies.  


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A Home Depot shopping bag containing the SRS Distribution logo (pictured).
Acquisition News

It's Official: Home Depot Closes on $18B SRS Deal

In less than three months, The Home Depot has arguably become a dominant force within the building envelope supply business
Bryan Gottlieb
Bryan Gottlieb
June 19, 2024
No Comments

The Home Depot, the nation’s largest home improvement retailer, finalized its $18.25 billion acquisition of SRS Distribution, enhancing its position in the building materials industry and expanding its market by an estimated $50 billion. 


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Pictured are runners at a marathon crossing the finish line, similar to Home Depot’s months-long plans to acquire SRS Distribution.
Acquisition News

SRS Concludes Regulatory ‘Pause’ Ahead of Home Depot Acquisition

Hart-Scott-Rodino Act waiting period concluded on June 13; deal set to close shortly
Bryan Gottlieb
Bryan Gottlieb
June 14, 2024
No Comments

Home Depot announced the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its acquisition of SRS Distribution had expired on June 13, clearing a key regulatory hurdle.


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