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

Nation Enters First Heatwave Ahead of ‘Official’ Summer

For the last several days, the National Oceanic and Atmospheric Administration’s National Weather Service has been sounding the alarm that a large swath of the continental United States will experience its first major heatwave of the season. Beginning yesterday, rising temperatures will hit the South before stretching over the Midwest and spreading to the East

Construction Begins on $270M IKO Roofing Materials Manufacturing Facility

The first phase of construction has begun for a new asphalt shingle manufacturing facility for IKO in Clay County, Fla., led by Dana B. Kenyon Company (DBK), a construction firm serving a broad range of commercial and industrial markets. “It has always been part of our belief system, dating to my grandfather’s founding of the

Greenwood Industries Announces New CEO, Key Promotions

Greenwood Industries, a custom building envelope solutions company in the Northeast and 2023 Commercial Contractor of the Year, announced a leadership transition and several key promotions within its executive team. Effective immediately, David Klein will transition from his role as president to chief executive officer. Greenwood Industries says the move will enable Klein to step

FlashCo plans Move to Larger Facility in Pennsylvania

FlashCo announced plans to expand operations in its Northeast U.S. market with a new manufacturing and distribution facility in Wilkes Barre, Pa., making it the largest of FlashCo’s nine plants located nationwide.  In a Feb. 1 news release, the company said its new facility would feature state-of-the-art technology to produce FlashCo’s product lines of roof flashings, edge