QXO, Inc. publicly offered to acquire Beacon for $124.25 per share in cash, valuing the deal at $11 billion — 37% above Beacon’s 90-day average price — and is seeking shareholder consideration.
Hurricane-force winds swept through Anchorage, Alaska, on Jan. 12, with gusts near 110 mph, causing structural failures, including part of a home's roof captured on video.
The wildfires in Los Angeles County, Calif., underscore the rising year-round risks of an expansive Wildland-Urban interface, making fire-resistant roofing underlayments essential for protecting homes from embers and intense heat.
The Baltimore County Inspector General found a roofing contractor committed fraud on two projects by misrepresenting subcontractor payments and misusing Minority Business Enterprise requirements, despite prior warnings and an ongoing investigation.
A Florida appeals court ruled that a “Direction to Pay” agreement is not an Assignment of Benefits, emphasizing efforts to curb AOB misuse, reduce litigation, and stabilize rising insurance costs.
Austin Eugene Furner, a 27-year-old Marine veteran, drowned at an NC worksite after his employer, Rigid Constructors, failed to provide lifesaving equipment, OSHA found.
Reporting shows that undocumented workers make up 10% of U.S. construction labor, with 75,600 roofers among them, highlighting the industry's heavy reliance on migrant labor to fill critical job shortages.
December’s PMI rose to 49.3%, with new orders at 52.5%, signaling cautious optimism amid governance changes, tariff concerns, and rising costs in manufacturing sectors.
The Connecticut Supreme Court ruled Ace Insurance failed to properly cancel Napolitano Roofing’s workers’ comp policy due to ambiguous notices, obligating it to defend a claim.
A Boston contractor was sentenced to 18 months for evading $2.8M in taxes by misclassifying workers, orchestrating a payroll fraud scheme, and lying to investigators.