Northeast Contracting Corp. Gets Major Equity Infusion

Northeast Contracting Corporation, a commercial roofing concern based in Lorton, Va., specializing in offices, industrial facilities, and educational institutions, has undergone a significant equity recapitalization through RCap Equity Partners of Philadelphia. The recap, announced yesterday in a news release by RCap Equity, a division of Renovus Capital Partners, said the middle market private equity firm

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

Kraton GC to Get C-Suite Role, New Polymers VP Appointed

Kraton Corporation, the producer of specialty polymers and bio-based products, announced two leadership moves last week: Rogier Roelen was appointed as Chief Sustainability Officer in addition to his existing role as vice president and general counsel, and Lopes was named vice president for Marketing & Product Management in the Polymers Organization. Rogier Roelen In an

2023 Commercial Contractor of the Year: Greenwood Industries

At first blush, Greenwood Industries looks and sounds like it could be a Fortune 500 corporation, a legacy company with a long history of innovative success, or a vehicle for ambitious future growth that includes an international footprint.  It could be all three — and more — according to the commercial roofing company’s leaders, Owner