Beacon's board of directors has entered into preliminary discussions for QXO to acquire all outstanding Beacon shares at $124.35 per share following months of a hostile takeover threat.
Construction added 19,000 jobs in February, signaling strength despite economic uncertainty. Roofing contractors may benefit, but policy shifts could impact growth.
Valor Exterior Partners acquires Roofing King, expanding its Northeast presence. The deal marks Valor’s third acquisition since 2024 as it seeks to consolidate the sector.
Agentes del Servicio de Inmigración y Control de Aduanas de Estados Unidos arrestaron a cinco techadores en Duluth, Minn., lo que provocó preocupación por deportaciones masivas. Los arrestos han aumentado, generando temor entre los trabajadores de la construcción y la manufactura.
Colorado Rockies lefty Jefry Yan’s return to the mound is a testament to perseverance. After Tommy John surgery, he spent years roofing and playing amateur ball before rejoining pro baseball in 2021.
President Donald Trump’s broad-based immigration enforcement using multiple government agencies has scrutinized employers more; more worksite inspections, I-9 examinations, audits, targeted investigations, and severe penalties for non-compliance.
With tariffs in place against America’s three largest trading partners — and a crackdown in undocumented workers — how will the roofing and broader construction industry manage?
In this latest "Best of Success" podcast, Legal Insights columnist Trent Cotney analyzes the effects of the new Trump-era tariffs on Canadian, Mexican, and Chinese imports, warning roofing contractors about rising material costs. He also discusses the labor shortage caused by stricter immigration policies.
U.S. Immigration and Customs Enforcement agents arrested five roofers in Duluth, Minn., prompting concerns over mass deportations. Amid Trump’s crackdown, arrests have surged, sparking fear among crews within construction and manufacturing.
QXO extended its $124.25 per share tender offer for Beacon to March 10, citing strong momentum despite board resistance, rising commitments, and full financing secured.
President Trump made good on his promise to enact 25% tariff on imports from Canada and Mexico, and a 10% additional tariff on Chinese goods effective March 5, shaking markets and raising costs for industries. Some roofing contractors and distributors are already adjusting prices.