QXO, Inc., a new building products distributor, announced a $3.5 billion private placement, selling 340.9 million shares at $9.14 each and is expecting to close in Q3 2024 with 821.6 million shares outstanding; QXO is listed on the NASDAQ.
Tremco Construction Products Group's "Achieve Green" program, part of its "Rising Stars" initiative, graduated its first cohort, equipping young people with skills for green construction careers via the IUPAT Apprenticeship Pathway.
Beacon announced that Brooke Laizure, owner of Whirlwind Roofing & Construction, won the 2024 North American Female Roofing Professional of the Year, recognizing her dedication to the roofing industry and community empowerment.
The expansive IKO site covers over 75 acres and will include an asphalt shingle production facility in its first stage. When the development reaches its full capacity, the manufacturing facility will expand to approximately 700,000 square feet.
KYOCERA SENCO Industrial Tools promoted Tom Hodson to vice president of marketing and sales. Hodson, a 21-year SENCO veteran, succeeds Dave Moore, who retired in May.
The Roofing Alliance announced its 2024-2025 Board of Trustees: Reed Gooding of GSM Roofing is now president and Greg Hudson of Georgia-Pacific Gypsum is vice president; Beacon’s Greg Bloom is the immediate past president.