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    Governor Kelly Announces North America’s Largest Roofing Manufacturer to Invest More than $300M; Create More … – Sunflower State Radio - March 23, 2024 by Mr HomeBuilder

    TOPEKA Governor Laura Kelly announced today that GAF, a Standard Industries company and North Americas largest roofing and waterproofing manufacturer, will invest more than $300 million in Newton by constructing a new shingle plant. The estimated 275,000-square-foot facility will create more than 130 high-skilled manufacturing jobs in management, engineering, and operations.

    GAFs expansion into Kansas once again showcases our status as a national leader in advanced manufacturing, Governor Laura Kelly said. The companys innovative production methods and proven track record of community involvement make it an ideal partner for Newton and the entire state.

    GAF has more than 4,800 employees and operates in 30 locations across the U.S. producing commercial and residential roofing and waterproofing products and services for customers throughout North America. The Kansas Logistics Parks in Newton will be the companys first location in Kansas.

    With one in four homes in the United States protected by a GAF roof, this investment enables the company to add residential roofing manufacturing capacity and enhance best-in-class service to customers nationwide.

    Construction is expected to begin in June 2024, with production anticipated to begin in 2027. The company expects to reach full production capacity by mid-2029.

    Diversifying our state economy has been a focus of the Kelly-Toland Administration since Day One, Lieutenant Governor and Secretary of Commerce David Toland said. The career opportunities this will provide for Kansans right now and for future generations will help us continue our unprecedented economic growth by keeping more of our young talent right here at home.

    Newton and Harvey Countys talented workforce, location relative to other GAF operations, and proximity to major highways and railways made the investment ideal for the company.

    This new facility allows us to meet growing customer demand for our market-leading roofing products and expands our ability to innovate as we look to the future, GAF CEO John Altmeyer said. We are excited to work with city and state officials throughout this process to build a state-of-the-art factory that will generate new, good-paying jobs and support the greater Newton area through meaningful community involvement.

    GAF Community Matters, the companys social impact initiative, focuses on making a positive difference as neighbors and partners in the community by leveraging roofing expertise, resources, and products to help build resilient communities.

    We are thrilled to welcome GAF and the opportunities they are bringing to our community, Newton Mayor Rod Kreie said. The greater Newton area offers a strong pipeline of talent, and were excited about the significant economic and community impact GAFs expansion will bring. GAF has been an excellent partner throughout the process, and we thank all those who played a role in helping bring this opportunity to Newton.

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    Governor Kelly Announces North America's Largest Roofing Manufacturer to Invest More than $300M; Create More ... - Sunflower State Radio

    Nordea Investment Management AB Sells 3685 Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) – Defense World - March 23, 2024 by Mr HomeBuilder

    Nordea Investment Management AB trimmed its position in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN Free Report) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 191,811 shares of the companys stock after selling 3,685 shares during the period. Nordea Investment Management AB owned about 0.30% of Beacon Roofing Supply worth $16,828,000 as of its most recent SEC filing.

    A number of other institutional investors also recently modified their holdings of the company. Advisor Group Holdings Inc. lifted its position in shares of Beacon Roofing Supply by 37.5% in the 1st quarter. Advisor Group Holdings Inc. now owns 1,101 shares of the companys stock worth $65,000 after purchasing an additional 300 shares during the period. Raymond James & Associates boosted its position in Beacon Roofing Supply by 11.6% during the 1st quarter. Raymond James & Associates now owns 13,449 shares of the companys stock valued at $797,000 after acquiring an additional 1,397 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in Beacon Roofing Supply during the 1st quarter valued at approximately $317,000. AlphaCrest Capital Management LLC grew its holdings in shares of Beacon Roofing Supply by 4.0% during the 1st quarter. AlphaCrest Capital Management LLC now owns 7,063 shares of the companys stock worth $419,000 after acquiring an additional 273 shares during the period. Finally, Bank of Montreal Can raised its position in shares of Beacon Roofing Supply by 27.0% in the 1st quarter. Bank of Montreal Can now owns 10,659 shares of the companys stock worth $665,000 after acquiring an additional 2,267 shares in the last quarter.

    BECN has been the topic of a number of recent research reports. Stifel Nicolaus upped their target price on shares of Beacon Roofing Supply from $115.00 to $119.00 and gave the stock a buy rating in a research report on Tuesday, December 19th. JPMorgan Chase & Co. dropped their price target on Beacon Roofing Supply from $103.00 to $97.00 and set an overweight rating on the stock in a research report on Thursday, January 11th. William Blair raised Beacon Roofing Supply from a market perform rating to an outperform rating in a research report on Monday, January 8th. Robert W. Baird raised Beacon Roofing Supply from a neutral rating to an outperform rating and lifted their price target for the stock from $99.00 to $115.00 in a research report on Thursday, February 29th. Finally, StockNews.com upgraded shares of Beacon Roofing Supply from a hold rating to a buy rating in a research note on Wednesday, February 28th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the companys stock. According to data from MarketBeat.com, Beacon Roofing Supply currently has an average rating of Moderate Buy and an average price target of $94.45.

    NASDAQ:BECN opened at $94.05 on Thursday. The company has a market cap of $5.97 billion, a PE ratio of -200.11, a price-to-earnings-growth ratio of 1.55 and a beta of 1.62. The company has a current ratio of 1.85, a quick ratio of 1.06 and a debt-to-equity ratio of 1.30. The company has a 50 day simple moving average of $85.76 and a two-hundred day simple moving average of $81.38. Beacon Roofing Supply, Inc. has a 12 month low of $54.60 and a 12 month high of $94.61.

    Beacon Roofing Supply (NASDAQ:BECN Get Free Report) last posted its earnings results on Tuesday, February 27th. The company reported $1.47 earnings per share for the quarter, missing analysts consensus estimates of $1.69 by ($0.22). Beacon Roofing Supply had a net margin of 4.74% and a return on equity of 26.95%. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the prior year, the company posted $1.18 EPS. The firms revenue was up 16.8% compared to the same quarter last year. Research analysts forecast that Beacon Roofing Supply, Inc. will post 7.86 earnings per share for the current year.

    (Free Report)

    Beacon Roofing Supply, Inc, together with its subsidiaries, engages in the distribution of residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers in the United States and Canada. The company offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment.

    Want to see what other hedge funds are holding BECN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Beacon Roofing Supply, Inc. (NASDAQ:BECN Free Report).

    Receive News & Ratings for Beacon Roofing Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beacon Roofing Supply and related companies with MarketBeat.com's FREE daily email newsletter.

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    Nordea Investment Management AB Sells 3685 Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) - Defense World

    Your chance to win a roof, repair or replacement – ABC15 Arizona in Phoenix - March 23, 2024 by Mr HomeBuilder

    A1 Roofing is a paid sponsor of Sonoran Living

    A1 Roofing, a distinguished second-generation roofing company, represents a legacy that transcends the ordinary boundaries of business, intertwining exceptional quality with a profound commitment to community and sustainability. Under the stewardship of the current owner, who learned the art of roofing from his father, the company embodies a rich tapestry of skills and values passed down through generations.

    This generational expertise is evident in every aspect of A1 Roofing's operations. The company specializes in a wide range of services, from minor repairs to full roof replacements, applying the time-honored techniques and wisdom inherited from the owner's father. Their approach to roofing combines traditional craftsmanship with modern innovation, ensuring each project not only meets but exceeds industry standards.

    Quality is the cornerstone of A1 Roofing's philosophy. They meticulously select the finest materials and employ the latest techniques to ensure every roof is not just a structure but a lasting testament to their commitment to excellence. This dedication to quality goes hand in hand with their commitment to sustainability. A1 Roofing adopts eco-friendly practices, from using sustainable materials to implementing energy-efficient roofing solutions, minimizing their environmental footprint while providing durable and effective roofing.

    Beyond their technical prowess, A1 Roofing's deep-rooted connection to the community is what truly sets them apart. Understanding that their success is intertwined with the well-being of the community, they actively engage in local initiatives and charitable endeavors. Whether it's sponsoring youth sports teams, participating in community clean-ups, or offering pro bono services to those in need, A1 Roofing's presence is felt beyond the realms of roofing.

    The company also prioritizes transparency and integrity, values instilled by the owner's father. They believe in honest assessments and clear communication, ensuring clients are well-informed and comfortable throughout the roofing process. This approach has fostered a strong bond of trust between A1 Roofing and their clients, making them not just a service provider but a trusted community partner.

    Moreover, A1 Roofing is committed to continuous learning and adaptation. They stay abreast of the latest trends and technologies in roofing, ensuring their methods are not only effective but also relevant to contemporary needs. This forward-thinking mindset, coupled with their historical knowledge, allows them to offer solutions that are both innovative and grounded in proven techniques.

    In conclusion, A1 Roofing stands as a paradigm of a second-generation roofing company that blends traditional craftsmanship with modern sensibilities. Their commitment to quality, community involvement, sustainability, and integrity makes them more than just a roofing business. They are a legacy of excellence, a beacon of community support, and a model of environmental responsibility. For those seeking roofing services that embody these values, A1 Roofing invites you to visit their website at a1roofingaz.com, where they continue to build roofs and relationships with equal care and dedication.

    Enter Spring Home Makeover Sweepstakes now!

    You can win a 15-thousand dollar roof replacement, repair or upgrade from A1 Roofing!

    Visit abc15.com/A1roofing for details

    Special Offer A1 Roofing $89 Roof Tune Up! (480) 349-9726 A1roofingaz.com info@a1roofingaz.com

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    Your chance to win a roof, repair or replacement - ABC15 Arizona in Phoenix

    GORILLA ROOFING WEATHER REPORT: Forecast for Brevard Calls for Sunny Skies, High Near 67 On Tuesday – SpaceCoastDaily.com - March 23, 2024 by Mr HomeBuilder

    GORILLA ROOFING WEATHER REPORT: Forecast for Brevard Calls for Sunny Skies, High Near 67 On Tuesday  SpaceCoastDaily.com

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    GORILLA ROOFING WEATHER REPORT: Forecast for Brevard Calls for Sunny Skies, High Near 67 On Tuesday - SpaceCoastDaily.com

    GORILLA ROOFING WEATHER REPORT: Forecast for Brevard Calls for Mostly Sunny Skies, High Near 87 On Sunday – SpaceCoastDaily.com - March 23, 2024 by Mr HomeBuilder

    GORILLA ROOFING WEATHER REPORT: Forecast for Brevard Calls for Mostly Sunny Skies, High Near 87 On Sunday  SpaceCoastDaily.com

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    GORILLA ROOFING WEATHER REPORT: Forecast for Brevard Calls for Mostly Sunny Skies, High Near 87 On Sunday - SpaceCoastDaily.com

    The other avalanche: Roofs heavy with snow in Colorado create danger – CBS Colardo - March 23, 2024 by Mr HomeBuilder

    The other avalanche: Roofs heavy with snow in Colorado create danger  CBS Colardo

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    The other avalanche: Roofs heavy with snow in Colorado create danger - CBS Colardo

    Attleboro High track, roofs at two other schools need repairs – The Sun Chronicle - March 23, 2024 by Mr HomeBuilder

    ATTLEBORO The new $259 million Attleboro High at 1 Blue Pride Way stands tall and proud as the citys flagship school.

    And while the school department struggles with an underfunded budget of at least $10 million, the track at the high school, which was not part of the new construction, is beginning to wear away.

    School maintenance chief Jason Parenteau said the base is still solid but the top is developing divots which will have to be repaired or replaced soon if the city does not want to replace the whole track.

    The $3.3 million football field and track were completed in September 2013 in time for the Blue Bombardiers opening football game.

    Parenteau estimated it would cost about $325,000 to repair.

    The base is in very good shape, he said. It will be 24 months before its impacted. Its not a crisis.

    And Parenteau said at least two schools have leaks in their roofs.

    Thacher Elementary and Coelho Middle have leaks where old meets new, he said. Both were renovated in the 1990s and both had additions put on.

    At Thacher, there are major leaks in what is known as the pavilion.

    During a tour provided by Parenteau and Finance Manager Marc Furtado, city councilors got to see the leaks for themselves because it was raining when they got there.

    In fact, a new leak was discovered and someone had to place a wastebasket under it to catch the drips.

    All told there were five buckets of some kind catching water.

    Theres a lot of water in the pavilion, Parenteau said. The roof is leaking where the additions are. Were chasing leaks on a regular basis.

    At Thacher, cracks are emerging in the floors, again where old meets new.

    At Coelho, there is what is known as a ballasted roof, which means it has stony surface.

    The water is reaching some of the metal beams and rust is developing.

    Its tough chasing leaks on that kind of surface, Parenteau said.

    This kind of roofing is very difficult to maintain, he said. You cant tell where the leaks are.

    And meanwhile, some of the fiberglass skylights in both schools are starting to yellow from exposure to the sun.

    George W. Rhodes can be reached at 508-236-0432.

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    Attleboro High track, roofs at two other schools need repairs - The Sun Chronicle

    Learn when to replace your roof – KSHB 41 Kansas City News - March 23, 2024 by Mr HomeBuilder

    "Shamrock Roofing is a paid advertiser of Kansas City Spotlight and is responsible for this content."

    Garen Armstrong with Shamrock Roofing explains how hail can damage your roof. Learn why it is important to get your roof replaced within the timeframe allowed by your insurance company.

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    Learn when to replace your roof - KSHB 41 Kansas City News

    Roofing Tiles Market: Projected to Reach $46.97 Billion by 2030 with Global Growth Trends As Revealed In Ne… – WhaTech - March 23, 2024 by Mr HomeBuilder

    Roofing Tiles Market: Projected to Reach $46.97 Billion by 2030 with Global Growth Trends As Revealed In Ne...  WhaTech

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    Roofing Tiles Market: Projected to Reach $46.97 Billion by 2030 with Global Growth Trends As Revealed In Ne... - WhaTech

    Harness Roofing and Waterproofing, GAF Partner to Protect Roof of Ozark Share & Care – Roofing Contractor - January 5, 2024 by Mr HomeBuilder

    Harness Roofing and Waterproofingteamed up withGAFat the end of last month to repair the roof of thrift storeOzark Share & Carein Harrison, Ark., with a new roof coating that will alleviate a significant operating expense and help Share and Care focus on using funds to meet the needs of the community.

    Ozark Share & Care is a community-sponsored, non-profit emergency services program started in 1987 and has become an essential part of the Harrison community. Emergency food is provided for anyone in need, regardless of geographic location.

    Harness Roofing, a family-owned commercial roofing firm, provides waterproofing, metal roofing, and roof repair services throughout the Mid-South. The company was founded in 1976 in Harrison, which is about 140 miles northwest of Little Rock, and has branches in Texarkana, Harrison, Springdale, Fort Smith, and Little Rock, Ark; Tulsa and Oklahoma City, Okla.; West Monroe, La.; Springfield, Mo.; and Memphis, Tenn.

    Were very proud to partner with a manufacturer that believes in giving back, said Justin Harness, president at Harness Roofing and Waterproofing. Certain industries are naturally more ingrained in the community; however, there is always space for businesses of all sizes and industries to make an impact.

    GAF, one of North Americas largest roofing and waterproofing manufacturers, donated roofing materials, allowing the Harness Roofing and Waterproofing crew to coat the existing roof system, which desperately needed rehabilitation.

    The collaboration was part of GAFs social impact initiative,GAF Community Matters, which is focused on making a positive difference as neighbors and partners in the community by leveraging roofing expertise, resources and products to help build resilient communities.

    We are thankful we have the opportunity to donate this new roof to Share and Care [which] gives to our community every day, Harness added.

    For more information, visitharnessroofing.com.

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    Harness Roofing and Waterproofing, GAF Partner to Protect Roof of Ozark Share & Care - Roofing Contractor

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