Roofing Corp of America announced last week the acquisition of Hamilton Roofing of Malabar, Fla., which is about 110 miles north of Palm Beach, along the state’s Atlantic coastline. In a May 2 news release, the company said that while RCA’s portfolio of businesses has long performed work for clients in Florida, the Hamilton purchase…
Montana has its fair share of unique roofing challenges. Seasonality limits timelines, while the varying landscapes and climates demand resilient roofing systems. However, the expansive state also faces challenges that roofing contractors everywhere understand. Labor shortages continue to hamper roofing companies, compounded by the difficulties of recruiting younger generations more interested in being “influencers” than…
After a roofing career spanning decades, RC Editorial Director Rick Damato is officially retiring – for good, this time. “My first retirement came at the end of 2016 when I exited a 32-year run in the roofing supply industry. Following more than 40 years of involvement in roofing-related trade media, I am retiring again,” Damato…
The pace of mergers and acquisitions in the roofing industry continued through the first quarter of 2024 and culminated with the major news that Home Depot purchased SRS Distribution. The $18.25 billion deal sent a seismic ripple effect of reaction industrywide. Craig Webb is president of Webb Analytics, a research and consulting firm that reports…
Ft. Lauderdale, Fla. — Best Roofing, RC‘s 2018 Commercial Roofing Contractor of the Year, announced a new partnership with Harkness Capital Partners. Terms of the deal were not disclosed, but officials said it culminated six months of negotiations at a time when the company continues to experience rapid expansion. The partnership is an opportunity to…
Roofing contractors belonging to the Montana Roofing Association [MRA] know the value the next generation can bring to the industry, as shown by electing two motivated professionals as its first-ever female president and vice president. In this video, meet Morgan Thiel and Rachel Hoover, president and vice president of the MRA. The duo stopped by…
The Roof Resource, a Michigan-based roofing company launched in 2023, announced a promotion last week called “Be The Hero,” which the company says helps groups raise funds and homeowners save thousands on roof replacement costs. In an April 4 news release, The Roof Resource said its “Be The Hero ” program reinvests funds into the…
Topshield, a manufacturer of roofing and siding products, announced on Monday the launch of its CraftGrade Independence underlayment. The company said in an April 8 news release that it is designed to be “35-times stronger and eight times lighter than 30-pound felt.” CraftGrade, Topshield’s premium product line, added that the underlayment’s construction ensures durable weather…
As the first quarter of 2024 comes to a close, I’m reminded of the importance of timing in the roofing industry. Sure, capturing the right moment, the right set of circumstances and turning them to an asset is an advantage any business owner would want in any field. But in roofing, being in the right…
The roofing contractors who become our exit planning customers often ask, “Should I consider an outside sale of my company?” And my response is always the same: “It depends on your personal, business, legacy, and financial goals.” The answer is complicated but as simple as aligning your goals. In November 2023’s RC eMagazine, I wrote…
