North America’s roofing contractors are operating in interesting times. While roof demand continues to be strong, some roofers still feel pinched by lingering inflation, changes in the insurance landscape and limited availability of new workers. Those factors, and others, will undoubtedly impact the marketplace for the remainder of 2024 and beyond, but hundreds of roofing…
Victors Home Solutions, the Detroit-based residential roofing company, announced on Monday it has begun servicing customers after opening its newest branch in neighboring Illinois and plans to add 20 new employees to that team. According to a July 22 news release, the Chicago office will be Victors’ sixth location. The firm currently has offices in…
Bone Dry Roofing, a residential and commercial roofing company and 2023 Residential Contractor of the Year, announced two new hires are joining its executive team. Tony Merlie is the company’s new chief financial officer, and Billy Smith joins as the company’s chief operating officer. Merlie and Smith round out the leadership team alongside owner and…
Johns Manville, the supplier of roofing systems solutions for more than 150 years, announced the launch of its ENRGY 3 HD cover board, offering greater R-value than a gypsum cover board and 80 psi for strength and resistance to damage from hail, foot traffic, construction loads and routine maintenance. In a news release, JM said…
Nearly every product tracked by the Asphalt Roofing Manufacturers Association saw major increases in shipments in Q2 2024, including record highs for some product types. The latest Quarterly Product Shipment Report from ARMA details the shipments of U.S. and Canadian shingles, BUR, and modified bitumen products in the second quarter of 2024. When compared to…
Tecta America, the nation’s largest commercial roofing firm, announced last week it had acquired Sterling Commercial Roofing, based in Sterling, Ill., located about 65 miles northeast of Davenport, Iowa or 115 miles west of Chicago. In a July 15 news release, Tecta said that Sterling Commercial Roofing, founded in 1986, operates across northern Illinois, eastern…
Gary Harvey, CEO and president of Marin County, Calif.-based Wedge Roofing, was recently elected an executive board member of the Spray Polyurethane Foam Alliance, or SPFA, a trade group representing the spray foam roofing industry. In a July 19 news release, Wedge Roofing said Harvey’s appointment reflects “his expertise and leadership in the roofing industry…
Greg Bolt, president of 10X Roofing, has been through it all, from joining his family’s roofing company to growing that company until it was acquired. It can be a tough and exhausting journey, which is what inspired Bolt to want to help others. “I want to help the guys like that were like me, that…
Hundreds of millions of dollars in private equity (PE) is flooding the roofing industry today. If you haven’t been approached by a private equity company yet, it’s only a matter of time before you hear from one. If you have, you may wonder why a PE firm reached out and what to do next. …
A recent outbreak of materials theft from roofing companies, whether from customers’ driveways or straight from a roofing supplier, is impacting the industry across the country. Kelly Warren with Warren Roofing in Omaha, Neb., told 6 News WOWT that when they arrived at a home following a hail storm, someone had stolen the materials traditionally…
