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Bellevue, WA, March 29, 2024 (GLOBE NEWSWIRE) -- The average lifespan of most roofs ranges from 25-50 years, with certain materials like ceramic and clay tiles lasting up to a century. However, factors such as regional climate, roofing material, and installation quality significantly impact longevity. While homeowners may not control these variables, they can take proactive measures to extend their roof's lifespan through preventive maintenance measures.
Orca Roofing & Exteriors, a roofing company comprising a skilled team, shares some tips on preventive maintenance strategies and techniques aimed at extending the longevity of roofs.
Orca Roofing & Exteriors advises homeowners to regularly clean debris, algae, and mold from their roofs. This essential upkeep prevents water pooling, rot, and damage to roofing materials, ensuring the safety of the home and its occupants. Property owners can preserve their roofs through regular cleaning while keeping their homes safe from respiratory infections.
Additionally, the roof company Bellevue advises homeowners to fix missing and damaged shingles as early as possible. Neglecting minor issues can compromise the roof's integrity and aesthetic appeal, leading to costly repairs in the long run and forcing homeowners to ultimately necessitate a roof replacement.
Preventing ice dams is another key strategy recommended by Orca Roofing & Exteriors. By addressing ice buildup and ensuring proper water flow, homeowners can mitigate the risk of roof damage caused by freezing and thawing cycles.
Ensuring proper ventilation is also an ideal way of extending a roofs lifespan. Orca Roofing & Exteriors states that inadequate ventilation may lead to decay and ice dams. Additionally, homeowners are encouraged to inspect their attic for leaks and ensure adequate insulation to prevent temperature-related issues.
However, for homeowners with roofs that have seen better days, Orca Roofing & Exteriors offers replacement services. Whether it's asphalt shingles, metal roofs, ceramic, or wood shakes, the company uses top-quality materials and adherence to all safety regulations during installations. Furthermore, the installation process is carried out by skilled professionals boasting years of experience in the roofing industry.
About Orca Roofing & Exteriors:
Orca Roofing & Exteriors provides a comprehensive suite of roofing solutions, including replacements. Beyond their core services, Orca Roofing & Exteriors is dedicated to educating individuals on essential topics related to roof maintenance and longevity. By sharing insights and best practices, they empower homeowners to make informed decisions and extend the lifespan of their roofs.
Company Name: Orca Roofing & Exteriors
Contact Person: Erik Trefzger
Phone: (425) 584-6722
Address: 16301 NE 8th St Suite 253
City: Bellevue
State: WA
Postal Code: 98008
Country: US
Website: https://www.orcaroofing.com/
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Trusted Roofing in Seattle and Surrounding Areas, Orca Roofing & Exteriors Offers Guidance to Extend a Roof's Lifespan - GlobeNewswire
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Representatives from global roofing manufacturer IKO Industries Ltd., Clay Countys Economic Development Corporation and the Clay County Board of County Commissioners broke ground March 27 on Clay Hill, a $270 million, 300,000-square-foot plant to make residential roofing products.
The manufacturing facility is on 80 acres east of U.S. 301, at County Road 218, about 10 miles south of Interstate 10.
IKO said it will create about 100 jobs and is hiring. The company said it will begin operating in mid-2025.
From left, Clay County Economic Development Corp. President Crawford Powell; U.S. House of Representatives District Director Bryan Campbell; Clay County District 3 County Commissioner Jim Renninger; IKO CEO David Koschitzky; IKO Vice President of Operations Guy Tremblay; and Clay Hill Plant Manager Daniel Lindhahl broke ground at the Clay Hill construction site March 27.
The first of three production lines will manufacture shingles.
IKO Corporate Communications Manager Derek Fee said the project will have an estimated economic impact of about $1.3 billion on Clay County.
Its the first time weve built down here, Fee said. It will support a growth market for us.
IKO, founded in 1954, is headquartered in Brampton, Ontario, Canada. Most of its U.S. facilities operate in the Northeast, but it has operations in Texas and Alabama.
Clay Hill is the eighth shingle production line in IKOs North American manufacturing operations.
IKO paid $5.26 million in April 2023 for the 80 acres of timberland.
County commissioners approved incentives and a mobility fee exemption for the project in May 2023, which at the time was code-named Project Gator.
IKO Consultant Dan Redmond, left, and CEO David Koschitzky attended the groundbreaking ceremony for Clay Hill, the manufacturers first facility in Florida.
The impact in Clay County is huge, said Chereese Stewart, assistant county manager for the county commissioners.
Clay Hill Plant Manager Daniel Lindhahl relocated from Illinois for the job, but is from Clay County and attended Orange Park High School. He has worked for IKO for about 15 years.
We appreciate all of the support thats been given and provided for this project, Lindhahl said. Were looking forward to building a successful operation with the state of our equipment and putting together the best team of people in the area.
Weve already started recruiting and building that team. Were looking forward to building long-lasting relationships in the surrounding areas and well strive to be a great neighbor.
He called his role a dream. He has been at IKO for about 15 years.
I was made aware of this opportunity a couple of years back and its funny how things come full circle, Lindhahl said. Im glad to be back.
Construction continues at the Clay Hill IKO Industries Ltd. facility east of U.S. 301, at County Road 218, about 10 miles south of Interstate 10.
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Roofing manufacturer IKO breaks ground on Clay County production plant | Jax Daily Record - Jacksonville Daily Record
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Level Up Roofing serves almost all of the northern Michigan area.
Based in Alpena, theyve selected one local family for a free roof replacement. Just to give back to the community, we selected a family that we thought was a deserving candidate, said Michael Tadajewski, owner of Level Up Roofing. There were definitely a lot so it was a hard decision but were happy with the decision we made and were happy to help this family.
For the Wilding family, its a huge weight off their shoulders after already patching their roof multiple times. This is huge, said Justin Wilding. Its a huge burden off of my back and the whole familys. Its the biggest blessing weve ever received, added Jessica Wilding.
The roofing project is expected to only last one day and have an estimated cost of about $8,000. Getting this kind of help is giving the Wildings a close look at how this community works together. Its made us emotional and we cant thank them enough, Justin said. Were glad we live in such a great community and that theyre part of that community.
While this was only the first time theyve done this, Level Up Roofing plans to do more projects like this in the future.
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Level Up Roofing to Build New Roof for Local Family Free of Charge WBKB 11 - WBKB-TV
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AEG Partners with and Acquires Residential Roofing Companies Across the Country
NEW YORK, March 26, 2024 /PRNewswire/ -- River Sea Network and Pearl Street Capital Partners, two lower middle market private equity firms with expertise in the services space, today announced the launch of Aligned Exteriors Group ("AEG"), a newly formed services platform with a focus on residential roofing and other exterior services.
AEG aims to partner with best in class roofing companies and owners that align with its core values of honesty, integrity, accountability, social involvement, and quality work ethic. In doing so, AEG plans to become the partner of choice for founders and management teams across the greater exteriors sector.
AEG is actively seeking partnerships and acquisitions in the residential roofing and exteriors sectors.
Jake Meister, Managing Partner at River Sea Network, said, "We want to give owners the opportunity to take some chips off the table while also helping their business and employees grow faster and more efficiently. We will offer our partner companies support and resources while maintaining the culture that was instilled by the founder."
AEG is actively seeking partnerships and acquisitions in the residential roofing and exteriors sectors. AEG is geographically agnostic and culturally focused. Paul Finnegan, Managing Partner at Pearl Street Capital Partners, added, "We plan to go where we find the best businesses with a strong team and culture."
About Aligned Exteriors Group
Formed in 2024, Aligned Exteriors Group is a residential exterior services platform, primarily focused on roofing services. Its companies provide five-star roofing solutions across the country through a values-based approach to roofing and exterior remodeling. All of AEG's partner companies demonstrate the core values of honesty, accountability, social involvement, and quality work ethic by offering services with a people-first mindset. For more information, please visit: http://www.alignedexteriorsgroup.com.
About River Sea Network
River Sea Network, founded in 2020, is a private investment management firm located in New York City. River Sea pursues buy-and-build strategies across various residential and commercial service sectors. Following a transaction, River Sea provides capital investment, strategic advice, business consultation and human resources to help companies achieve their full potential. For more information, please visit: http://www.riverseanetwork.com.
About Pearl Street Capital Partners
Pearl Street Capital Partners invests in lower middle-market American businesses. Pearl Street focuses on long-term value creation in its partner companies through incentive alignment, flexible capital resources, and a growth mindset. For more information on Pearl Street Capital Partners, please visit http://www.pearlstreetcp.com.
SOURCE Aligned Exteriors Group
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River Sea Network and Pearl Street Capital Partners Form Aligned Exteriors Group, a Residential Roofing and Exterior ... - PR Newswire
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Join BRS Roofing Supply for a Sales Mastery Bootcamp featuring Taylor McCarthy on April 20, 2024, in Norcross, GA, for expert sales training, networking opportunities, and free lunch.
NORCROSS, Ga., March 29, 2024 /PRNewswire-PRWeb/ --BRS Roofing Supply, a premier supplier of roofing and siding materials, announces an exclusive Sales Mastery Bootcamp on April 20, 2024, featuring sales expert Taylor McCarthy. Aimed at professionals seeking career and business growth, the boot camp offers a deep dive into effective sales strategies under the guidance of McCarthy, a distinguished figure in the sales industry.
Attendees will gain actionable insights and strategies to refine their sales skills, regardless of their experience level. The boot camp promises a comprehensive learning experience with the added benefit of networking opportunities.
Event Details:
What to Expect:
BRS Roofing Supply's commitment to professional development within the community is evident through its support of events such as this boot camp. They aim to not only advance individual careers but also contribute to the industry's overall success.
Secure your spot now for expert sales training and networking opportunities. For more details and to reserve, visit this link.
About BRS Roofing Supply
BRS Roofing Supply, boasting more than 15 years of local, family-owned experience, stands out in the Atlanta, GA market for offering superior roofing materials and solutions. Their commitment to unmatched service and quality is evident in their wide product selection, which encompasses metal roofing, roof shingles, TPO, and fiber cement siding. Renowned in Atlanta for their comprehensive roofing solutions, BRS Roofing Supply caters to both contractors and homeowners, dedicated to supporting the successful completion of various construction projects.
Media Contact
Daniela Arroyave, Exults, 7542536695, [emailprotected], https://www.exults.com/
SOURCE BRS Roofing Supply
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Elevate Your Sales Skills with BRS Roofing Supply's Exclusive Bootcamp Featuring Expert Taylor McCarthy - PR Web
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LIMA Lima City Council approved several measures to support the citys Better Together home repair program at its meeting Monday night.
Mayor Sharetta Smith said that she was grateful for the support given by council as they awarded contracts to five companies to perform roof repairs in the community.
It is a relationship that we formed early on, she said. It is a relationship based on our commitment to listen to citizens and work together to improve the quality of life for everyone living in the community.
The city launched the program in 2022 to offer forgivable loans to homeowners to assist with repairs if eligible.
Im excited about it, Sixth Ward Councilman Derry Glenn said. Its going to help our elderly community and thats what we need to do.
The program is not accepting new applications until October, but anyone interested can visit the citys housing and neighborhoods page on its website for more information and look for housing repair programs.
Funding for the citys Better Together program comes from the American Rescue Plan Act.
The city passed all other measures on the agenda, including one to authorize the Civic Center Foundation to utilize the Greater Lima Region Park and Amphitheater for community events, starting with the Solar Smash Bash.
The event, featuring music and entertainment ahead of the April 8 solar eclipse, will open up the spring schedule for the venue Saturday, April 6.
The next council meeting will be April 9.
Reach Jacob Espinosa at 567-242-0399.
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Council approves Better Together roofing bids - LimaOhio.com - LimaOhio.com
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Whether you're removing decking from the house's frame or installing metal flashing, roofing is a vigorous job. That's why it's important to take care of your number one tool your hands. Milwaukee makes many different types of gloves, and some may prefer different styles to others, but its Demolition Gloves is a good choice if you're looking to keep your hands protected while still being able to utilize them. According to the company, they work great for all-day comfort and come with a breathable and moisture-wicking lining. One of the coolest aspects about these gloves is that there is a smart swipe knuckle, which means you can use your knuckle instead of a dirty finger on touch screen devices, which will save your screen from scratches.
In terms of reviews, these gloves received a 4.4 out of five star rating from over 1,600 buyers. When the reviews were narrowed down to being used during roofing projects, a few stated that the gloves held up great though a couple did state that their hands did get a bit warm after some use. However, there were a couple of complaints about the gloves coming apart after a few days of roofing. If you're on the fence, we'd suggest trying on the gloves beforehand and seeing for yourself how well you think they'd hold up.
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5 Milwaukee Tools That Will Come In Handy For Roofing Jobs - SlashGear
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Leading Atlanta roofer expands into central and south Florida
TAMPA, Fla., March 28, 2024 /PRNewswire/ -- Colony Roofers (CCC1335429), renowned for its premier quality roofing services across the southeast, announces the opening of a new office in Tampa, Florida, solidifying its commitment to serving Florida residents and businesses. Strategically located, this expansion enables Colony Roofers to meet the increasing demand for professional roofing solutions in the region.
"We're thrilled to establish roots in Tampa and share our expertise with this dynamic region," saidZach Reece, President of Colony Roofers. "With our dedication to excellence and quality craftsmanship, we're eager to bring our expertise to this vibrant community, ensuring every roof receives the attention and care it deserves."
Furthermore, Colony Roofers has expanded its online learning center to help prospective clients learn about various types of roofing systems and thecost of roofs in Florida.
Founded in Atlanta in 2016, Colony Roofers has rapidly emerged as a trusted name in roofing services providing top-notch solutions for residential and commercial properties alike. Their comprehensive range of services includes roof installation, repair, replacement, and maintenance, all delivered with an unwavering focus on quality craftsmanship and customer needs. The company's team of skilled professionals prioritizes integrity, professionalism, and reliability in every project, ensuring lasting results that withstand Florida's weather challenges.
Branch Manager JoshuaKouts added, "Expanding to Tampa reflects Colony Roofers' commitment to growth and excellence. I am proud to lead our team as we embark on this new venture, dedicated to upholding the highest standards of quality and customer satisfaction all the while ingraining Colony into the local Tampa community."
Colony Roofers invites Tampa residents and businesses to experience its unwavering commitment to quality and customer satisfaction. For more information about Colony Roofers and its services in the Tampa area, visithttps://colonyroofers.com/areas-served/tampa-fl/
About Colony RoofersOwned and operated by Atlanta natives, Colony Roofers has been proudly serving metroAtlanta since 2016. Recently expanding to new offices in Tampa, FL and Dallas, TX, the locally owned and operated roofing company specializes in residential and commercial roofing systems, and the team works tirelessly to provide customers the exceptional quality and value they deserve. For more information or to receive a free estimate today,call (813) 212-8286, email[emailprotected]or visitcolonyroofers.com.
For more information, contact: Zach Reece, Colony Roofers, LLC [emailprotected] 404.806.0956
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Colony Roofers Unveils New Office in Tampa, Florida - PR Newswire
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A senior citizen in midtown Toronto says he wants to warn the public about an alleged door-to-door roofing scam.
Stuart reached out to Global News with his story last week. For the safety of him and his friends, Global News is not publishing last names or the street where they live.
Two weeks ago, the senior was having a quiet day at home when there was a knock on the door.
There was these two guys, Michael and Tom, that were at the door, he said.
They said they were working across the street and had seen some issues on my roof, and Can we go up and look?'
Stuart, who has hearing, memory and mobility issues, says that he let the men into his house and that they immediately went onto his roof.
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I heard a bunch of banging upstairs. It was heavy, heavy duty banging.
Stuart said the roofers originally gave him a quote of about $4,700 to fix his roof, but upon returning the next day, told him there was much more damage than originally thought. He said they even used what he and his neighbours believe in hindsight was a stuffed raccoon to convince him that they had found it dead under his roof.
They took me to the basement basically and were saying, Well, theres all this damage, weve got to redo it. So the contract that Id signed was at that point null and void and so its going to be about a $150,000 repair, which is a nonsense price.
They eventually lowered their price to $80,000 then $75,000 according to Stuart, which he accepted. He was unable to take that amount of money out of the bank, though.
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Stuart says once it became evident there was no easy money to be taken from him, the roofers stopped coming around.
He says he soon learned they had left his roof with a massive gaping hole, exposing the space below it down to the beams. Stuart says they had even left behind the sledgehammer they used to make the hole, and the ladder they used to get to his roof.
Making matters worse, heavy rainfall moved through the area later in the day.
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Stuarts good friend Carol and neighbour Kathy provided Global News an audio recording of their last phone call with the roofers, in which they claimed they would be over to place a tarp over the hole, but Stuarts friends say they never showed.
Kathy was able to hire another team of roofers to install a cover at the last minute during the storm.
They worked in the dark, in the driving rain, to set up a good tarp so that the hole was efficiently protected, she told Global News.
However, a lot of damage was already done.
Carol showed Global News several areas where water had seeped through and into Stuarts home, pouring out of a light fixture above of his bed.
It was just a steady stream, she recalled.
Water also leaked through a seam in the drywall ceiling above his living room. Most of his home is now covered in clear plastic drop sheets just in case any residual water leaks.
While the roofers didnt get any money from him, hell still incur heavy costs to pay for the damage left behind.
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Stuart says he believes he fell for a scam and tells Global News he feels like a moron.
The flyer and bill the roofers left at Stuarts house have logos and contact information for a company called Greater Toronto Roofing & Construction. Its one of multiple roofing companies in the city with the term Greater Toronto in its name. Carol believes it was used intentionally as a way to blend in with legitimate businesses that have similar names.
Greater Toronto Roofing & Constructions website touts itself as having 45 Years Experience. Budget Friendly Solutions, encouraging potential customers to contact the company for a free estimate.
Global News called three different phone numbers associated with the company on Friday afternoon. Two of them led to voicemail boxes. Messages were left but no one called back. The third number does not connect at all.
The address given in the companys materials leads to a property up for sale in an industrial area near Keele Street and Lawrence Avenue West. Now vacant, it was formerly a dry cleaner. There is no sign of any roofing operation there or at any of the properties nearby.
Stuart, Carol and Kathy filed a report with Toronto police. A police spokesperson told Global News the investigation is currently open and being actively investigated.
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His ego bruised, Stuart takes no pleasure in telling his story publicly, but hopes it can serve as a warning to others.
It was well thought out. They took advantage of me.
2024 Global News, a division of Corus Entertainment Inc.
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They took advantage of me: Ontario man warns of alleged fake roofing crew - Global News
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When you see that almost half of the companies in the Trade Distributors industry in the United States have price-to-sales ratios (or "P/S") above 1.4x, Beacon Roofing Supply, Inc. (NASDAQ:BECN) looks to be giving off some buy signals with its 0.7x P/S ratio. However, the P/S might be low for a reason and it requires further investigation to determine if it's justified.
See our latest analysis for Beacon Roofing Supply
Beacon Roofing Supply's revenue growth of late has been pretty similar to most other companies. It might be that many expect the mediocre revenue performance to degrade, which has repressed the P/S ratio. If you like the company, you'd be hoping this isn't the case so that you could pick up some stock while it's out of favour.
There's an inherent assumption that a company should underperform the industry for P/S ratios like Beacon Roofing Supply's to be considered reasonable.
Taking a look back first, we see that the company managed to grow revenues by a handy 8.2% last year. Pleasingly, revenue has also lifted 50% in aggregate from three years ago, partly thanks to the last 12 months of growth. So we can start by confirming that the company has done a great job of growing revenues over that time.
Turning to the outlook, the next three years should generate growth of 2.9% per annum as estimated by the analysts watching the company. Meanwhile, the rest of the industry is forecast to expand by 6.1% each year, which is noticeably more attractive.
With this in consideration, its clear as to why Beacon Roofing Supply's P/S is falling short industry peers. Apparently many shareholders weren't comfortable holding on while the company is potentially eyeing a less prosperous future.
Using the price-to-sales ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects.
As we suspected, our examination of Beacon Roofing Supply's analyst forecasts revealed that its inferior revenue outlook is contributing to its low P/S. Shareholders' pessimism on the revenue prospects for the company seems to be the main contributor to the depressed P/S. It's hard to see the share price rising strongly in the near future under these circumstances.
There are also other vital risk factors to consider before investing and we've discovered 1 warning sign for Beacon Roofing Supply that you should be aware of.
Of course, profitable companies with a history of great earnings growth are generally safer bets. So you may wish to see this free collection of other companies that have reasonable P/E ratios and have grown earnings strongly.
Find out whether Beacon Roofing Supply is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Insufficient Growth At Beacon Roofing Supply, Inc. (NASDAQ:BECN) Hampers Share Price - Simply Wall St
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