Roofing Supplier Operations

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QXO extended its tender offer for Beacon to March 3, citing shareholder interest, while Beacon's board rejects the bid as undervaluing the company; analysts debate its potential impact.

Owens Corning reported $11.0B in 2024 sales and $2.0B adjusted EBIT, despite a Q4 net loss of $258M, as strategic moves, acquisitions, and divestitures reshape its future.

Holcim said its planned North American spin-off will be named “Amrize,” symbolizing ambition and progress. 

Klauer Manufacturing expanded its sales team with four hires: Rebecca Nauman-Bailey, Mike Alfaro, Ryan Swan, and Tim Hatcher. 

Owens Corning is selling its glass reinforcements business to Mumbai, India-based Praana Group for $755M, aligning with its focus on North American and European building products. 

Owens Corning will expand shingle manufacturing with a new southeastern U.S. facility set to open in 2027; the location will be announced later this year. 

Raymond Corporation introduces iW.ObjectSense, a detection system that alerts lift truck operators to obstacles, enabling controlled slowdown and stops for enhanced safety. 

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. 

Kraton and Formosa Petrochemical’s Taiwan joint venture plant is now ISCC PLUS-certified, expanding Kraton’s renewable SBC production into Asia. 

Seegrid’s Lift CR1 AMR, a 2024 Readers' Choice Product of the Year, combines a 15-ft lift height, 4,000-lb capacity, and advanced safety, redefining autonomous material handling.