Articles by Bryan Gottlieb

QXO, the start-up led by Brad Jacobs with nearly $5B in cash reserves, reportedly offered to acquire Beacon Roofing Supply, sending Beacon’s stock to a 52-week high.

Holcim’s Malarkey Roofing Products broke ground on a 350,000 sq. ft. facility in Franklin, Ind., set to open in 2026, which is expected to create 200 jobs producing recycled-material asphalt shingles.

Researchers from ASU, Phoenix, and 3M are testing cool film coatings to reduce heat for people experiencing homelessness in Phoenix, where temperatures under awnings remain unbearable.

ServiceTitan and SRS Distribution are collaborating to streamline roofing contractors' operations, addressing cost and procurement inefficiencies to enhance scalability with digital solutions.

Federal inspectors fined a Chrystal Lake, Ill. construction company $287K for exposing workers to fall hazards on three occasions in the same neighborhood, issuing eight citations for violations dating to May 2024.

Owens Corning exceeded Q3 2024 estimates with strong earnings and net sales, driven by strategic shifts to high-margin products and divestments, achieving $4.38 EPS, $3.05B in sales, and improved cash flow despite market challenges. 

Nastar Roofing owner William Skaggs and payroll administrator Billie Adkison admitted to a $2.5 million employment tax fraud scheme, paying employees in cash but failing to withhold taxes or report that income to the IRS. 

QXO appoints Ashwin Rao as Chief AI Officer to lead AI integration in demand forecasting, inventory, and e-commerce, aiming to make QXO a tech leader in building products distribution.

Industry experts and trade groups, such as the Florida Roofing and Sheet Metal Contractors Association, are urging Florida regulators to allow roofing contractors to install hurricane straps during reroofing.