Owens Corning Closes on Masonite Deal

Owens Corning announced Tuesday that it completed its acquisition of Masonite International Corporation, a bellwether provider of interior and exterior doors and door systems, having acquired all outstanding Masonite common shares for $133.00 per share. The finalization, announced in a May 15 news release, has an implied transaction value of nearly $3.9 billion. “The addition

FTC Bans Noncompete Agreements for Most Workers

On April 23, the Federal Trade Commission voted 3-2 to issue a new rule prohibiting the use of noncompete agreements for most U.S. workers. It is estimated that approximately 30 million workers are currently bound by such agreements, which prevent them from changing employers in their industry. Background of the New Rule The FTC asserts

Elevate Commercial Roofing Systems Opens New Facility in Salt Lake City

Elevate, a premier manufacturer of roofing, wall and lining systems, is proud to announce the grand opening of its new production and distribution facility in Salt Lake City.  This new plant is the latest in a series of capital investments that Elevate has made since its acquisition by Holcim in 2021, and the LEED-certified green

Record Highs, Lows Shown in Q1 2024 ARMA Shipment Report

The start of 2024 bodes well for domestic and Canadian asphalt shingles as well as modified bitumen when compared to the end of 2023, according to the latest Asphalt Roofing Manufacturers Association report. ARMA’s Q1 2024 Quarterly Product Shipment Report shows shipments of U.S. shingles increased between the fourth quarter of last year and Q1

Still Striving: Sterling Commercial Roofing

The roofing industry has its group of “lifers” — roofers that started young, often in the family business, and despite the ups and downs of running a roofing enterprise, can’t imagine doing anything else professionally. Kevin Froeter could be their president. As he approaches five decades in the industry, the owner and president of Sterling

Dear Anna: How Do I Turn my Database into a Goldmine?

Your browser does not support the audio element. There is rightly a focus on gaining new customers as a roofing contractor, but with a little ingenuity, there are ways to tap into your existing customer database to boost your business. Anna Anderson, CEO of marketing agency Art Unlimited, sits down with RC Publisher Jill Bloom in

Home Genius Exteriors Nails Perfect Gift For Ronald McDonald House: A New Roof

Home Genius Exteriors teamed up with roofing manufacturers and suppliers to ensure those staying in the Ronald McDonald House of Northern Virginia are safe and dry with a brand new roof. Installation of the new roof kicked off at the end of April. The morning was marked with a ceremonial “Signing of the Shingles and