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By: Erika Fernandez March 16, 2017
TALLAHASSEE, Fla. (WCTV) -- A local roofing company received recognition Thursday for a good deed. Capital City Roofing and Sheet Metal Association fixed the roof of a local veteran all for free.
Retired and on disability, local veteran, Joyce McMillian reached out for help when her living situation became unbearable. The weather and time of 24 years had done enough damage to her home.
When McMillain was diagnosed with breast cancer last year, they didnt know how they would afford to fix their home. But then, there was a saving grace.
"Sigh of relief that it's an added expenditure that we don't have to brave or try to scamp and scrape to have done or have fixed," McMillian said.
Rusty McKeithen and his company stepped up to help local veterans. They completed the $7,000 job all for free.
"Weve done it for low income people, that needed a roof and didn't have the money in the past, and we've decided to do, not only that, but to do it for the veterans, too," said McKeithen of Capital City Roofing and Sheet Metal Association.
They received donated materials from Gulf Coast Supply and manufacturing and proved you can never go wrong with doing the right thing.
"Our company is filled with veterans from different eras and so we were definitely happy to donate when Rusty contacted our company," said Jon Jackson of Gulf Coast Supply and Manufacturing.
The roofing company does these projects twice a year. This one took them only one day to complete.
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Local roofing company fixes roof of disabled veteran for free - WCTV
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Mar 15, 2017 Collective Bargaining
Members of United Steelworkers (USW)Local 330 voted 54-41 March 9 to accept a last best and final offer from Malarkey Roofing Products. Voting to reject the contract offer would have meant authorizing a strike by the 115 workers at the companys North Columbia Boulevard roof tile factory in Portland.
The vote came after the company backed off several union-busting proposals. Malarkey, represented by employer consultant Jim Frazer, had proposed to halt employer collection of union dues, end the requirement that represented employees become union members, and eliminate just cause discipline.
Under the new agreement, Malarkey will stop making pension contributions and pay $6.5 million to withdraw from the union-sponsored multi-employer pension plan. The $1.7 billion pension plan, known as PIUMPF (PACE Industry Union-Management Pension Fund), has more than twice as many retirees as active members, and its projected to become insolvent in less than 20 years. USW inherited the pension when it absorbed the Paper, Allied-Industrial, Chemical and Energy Workers (PACE) union in a 2005 merger.
Malarkey has been contributing $1.38 an hour to the pension plus a rehabilitation surcharge.
In place of the defined benefit pension, Malarkey will enroll union members in the company-sponsored 401(k), matching employee contributions dollar for dollar for the first 2 percent of salary, and 50 cents on the dollar after that up to 10 percent.
The contract runs through April 2019. It provides annual wage increases of 1.5 percent, retroactive to the June 1, 2016, expiration of the previous union contract. Wages at the roof tile plant currently range from $16.50 to $25.96 an hour.
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Malarkey Roofing withdraws from pension in new contract - Nwlaborpress
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Market Summary Follow
Beacon Roofing Supply Inc. is a Distributors of roofing materials
BECN - Market Data & News
BECN - Stock Valuation Report
Beacon Roofing Supply Inc. (BECN) traded on unusually high volume on Mar. 16, as the stock gained 1.89% to close at $50.06. On the day, Beacon Roofing Supply Inc. saw 719,953 shares trade hands on 6,266 trades. Considering that the stock averages only a daily volume of 439,634 shares a day over the last month, this represents a pretty significant bump in volume over the norm.
Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.
The stock has traded between $49.32 and $38.06 over the last 52-weeks, its 50-day SMA is now $45.49, and its 200-day SMA $44.97. Beacon Roofing Supply Inc. has a P/B ratio of 2.23. It also has a P/E ratio of 27.4.
Beacon Roofing Supply Inc is engaged in the distribution of residential and non-residential roofing materials in the United States and Canada.
Headquartered in Herndon, VA, Beacon Roofing Supply Inc. has 5,042 employees and is currently under the leadership of CEO Paul M. Isabella.
For a complete fundamental analysis analysis of Beacon Roofing Supply Inc., check out Equities.coms Stock Valuation Analysis report for BECN.
Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investments Market Commentary and Adam Sarhans Find Leading Stocks today.
To get more information on Beacon Roofing Supply Inc. and to follow the companys latest updates, you can visit the companys profile page here: BECNs Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.coms Newsdesk. Also, dont forget to sign-up for our daily email newsletter to ensure you dont miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer
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Beacon Roofing Supply Inc. (BECN) Moves Higher on Volume Spike for March 16 - Equities.com
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) currently has a Gross Margin (Marx) ratio of 0.333409. Robert Novy-Marx has provided investors with insights on finding high-quality value stocks. Marx pointed to a high gross income ratio defining the quality of a company. Beacon Roofing Supply, Inc. has a Gross Margin score of 22. The Gross Margin score falls between 1 and 100 where a score of 1 would be good, and a score of 100 would be considered bad. This score is based on the Gross Margin stability and growth over the previous 8 years.
Focusing in further, Beacon Roofing Supply, Inc. (NASDAQ:BECN) has an EV (Enterprise Value) of 3981179. EV represents the total economic value of a specific company. EV is considered to gauge the theoretical takeover price if a company was to be acquired. EV takes into account more than just the outstanding equity. Debt and cash can have a big impact on a firms Enterprise Value. Although two companies may have the same market cap, they may have highly different EV values.We can now shift the focus to some current ROIC (Return on Invested Capital) data for Beacon Roofing Supply, Inc. (NASDAQ:BECN). ROIC is a commonly used financial metric that measures how efficient a company is with earning cash flow through invested capital. A typical ROIC calculation divides operating income, adjusted for its tax rate, by total debt plus shareholder equity minus cash. The aim of the ROIC calculation is to show how much new cash is generated from capital investments. After a recent check, Beacon Roofing Supply, Inc.s ROIC is 0.303075. The ROIC 5 year average is 0.332361 and the ROIC Quality ratio is at 6.173354.
Investors searching for value in the stock market may be checking on the Magic Formula Rank or MF Rank for Beacon Roofing Supply, Inc. (NASDAQ:BECN). Beacon Roofing Supply, Inc. currently has a MF Rank of 2867. The Magic Formula was devised and made popular by Joel Greenblatt in his book The Little Book That Beats the Market. Greenblatts formula helps seek out stocks that are priced attractively with a high earnings yield, or solid reported profits in comparison to the market value of the company. To spot opportunities in the market, investors may be looking at stocks that have the lowest combined MF Rank.
Beacon Roofing Supply, Inc. (NASDAQ:BECN) has a currentValue Composite score of 44. This score falls on a scale from 0 to 100 where a lower score would indicate an undervalued company and a higher score would indicate an overvalued company. This ranking was created by James OShaughnessy using six different valuation ratios including price to book value, price to sales, EBITDA to EV, price to cash flow, price to earnings, and shareholder yield.
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Investors are Following Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) - Rives Journal
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LAKELAND Fla. - A Lakeland U.S. Army veteran who suffered a traumatic brain injury 15 years after his service, is getting a life changing gift from strangers.
Adam Allen, was left paralyzed on his right side in 2003 after he was attacked with a hammer while on a job site.
After the attack, Allen learned to talk, walk and move all over again, "they thought I was going to die," he said.
Visible scars on the top of his head are a reminder of the pain he endured since the attack.
"They cut both sides, I guess."
In 2010, Allen became a part of the adaptive sports program at the James A. Haley VA hospital where he became part of the Paralyzed Veterans of America race team.
He now competes on the cycling team with the VIP Warriors in Central Florida.
"It takes me about ten miles to get warmed up," he said.
After years of giving back by helping other veterans, Allen was selected to be the recipient of something that he's long needed, a new roof.
Allen walks inside his home where water stains take over the ceiling, the garage roof is rotting and the shingles have blown away.
The VA chose Allen as a perfect candidate for an outreach project with Black Daggers Military Hunt Club.
On Saturday, March 18, two roofing associations will volunteer their time and supplies to give Allen a new roof.
Tri-County Roofing Contractors Association and West Coast Roofing Contractors Association will give the $10,000 roof free of charge.
The donation will allow Allen to focus on the road that's ahead of him.
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Paralyzed army veteran goes the distance for healing, gets life changing gift - ABC Action News
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Your group has been tremendously helpful to us in shortening the learning curve as we moved from being an asphalt shingle company to one that installs beautiful metal roofing. Jeff Moeslein President, Legacy Remodeling, Inc.
Flint, Michigan (PRWEB) March 16, 2017
American Metal Roofs (AMR) is excited to announce the launch of a new industry website. MetalRoofingConsultants.com was created to showcase the training and consultation services that AMR provides to contractors and manufacturers in the metal roofing industry.
Metal Roofing Consultants (MRC) has been growing over the years as a result of providing clients with a proven methodology for increasing business through lead generation, appointment setting, in home sales presentations, and the recruitment and training of top level installation crews.
The systems created by MRC gives new dealers the tools and confidence they need to achieve success in the metal roofing industry. The new website outlines the courses available to contractors and manufacturers, designed to teach all facets of the metal roofing business. The training that MRC provides has been proven to increase profitability for its clients.
Courses include:
2-Day Installing Metal Roofs Efficiently Training 2-Day Customer Service Call Center Training 5-Day Residential Metal Roofing Sales Boot Camp 5-Day Metal Roof Installation Crew Training
Your group has been tremendously helpful to us in shortening the learning curve as we moved from being an asphalt shingle company to one that installs beautiful metal roofing.
Jeff Moeslein President, Legacy Remodeling, Inc.
The website also provides bios for the instructors, who are all top level executives and managers at AMR.
http://www.metalroofingconsultants.com/instructors/
About American Metal Roofs: American Metal Roofs provides residential and commercial metal roofing products and services for the Michigan Lower Peninsula. American Metal Roofs specializes in installing metal roofing from the leading manufacturers of permanent metal roofing. http://www.americanmetalroofs.com
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American Metal Roofs Launches New Website to Offer Expert Training and Consulting in Running a Metal Roofing ... - PR Web (press release)
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FLINT, Mich. (WJRT) - (03/14/17) - Nearly a week later, you can still hear the wind. And now, repair crews are dealing with snow and freezing temperatures as they work to fix roofs across multiple counties.
"It was definitely challenging, but you just have to work your way through it," said Lockhart Roofing Project Manager Dan Sowden.
The company has already handled over 350 calls for estimates since Wednesday's storm from homes to businesses.
"Roofing missing, trees falling knocking into the corner of the house, taking out part of the house, you know, siding blown off," he explained.
Sowden tells ABC12 News many homes are simply lost shingles. But, he says missing shingles could lead to melting snow dripping through or other future damage.
So, in gloves and a number of layers, crews have been laying tarps on the roofs to protect the homes.
"The crews in the field are up from sun up to sun down," Sowden said. "Thursday and Friday and Saturday actually, they were out actually preparing for this snow, trying to get as many roofs done as possible with tripod lights 'til 10-11 o' clock at night tarping roofs."
He says most of the staff worked straight through the weekend.
"I've been here over ten years and this is by far the busiest it's ever been for sure," Sowden added.
And it may be several more weeks before their work is done.
But, Sowden says they're expecting to finally get a break on Sunday, as things slow down this weekend.
If you need their help, Sowden says they've been able to get out to homes in about a day. For more information, check them out at http://www.lockhartroofing.com/
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Roofing crews working overtime in the cold - ABC 12 News (press release)
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DUBLIN--(BUSINESS WIRE)--
Research and Markets has announced the addition of the "Global Roofing Insulation Adhesives Market 2017-2021" report to their offering.
The global roofing insulation adhesives market to grow at a CAGR of 7.93% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global roofing insulation adhesives market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the key vendors operating in this market.
One trend in market is development of environment-friendly roofing products. There is a strong preference for constructing buildings with environment-friendly insulated roofing systems in developed economies, such as Canada, the US, Germany, and others. Green roofs, cool roofs, and other related energy-saving roofing systems are increasingly becoming popular in the developing regions along with the developed regions.
Many roofing membranes are colored white to reduce the surface absorption of heat and increase heat energy reflection. In addition, the acceptance of green roofing systems helps in reducing the concentration of toxic gases emitted from the nearby industries in the atmosphere. This helps in maintaining environmental balance of the atmosphere in the vicinity. This trend to opt for environment-friendly roofs is expected to boost the growth of the global roofing insulation adhesives market during the forecast period.
Market Dynamics
Key vendors
Other prominent vendors
For more information about this report visit http://www.researchandmarkets.com/research/7njvbb/global_roofing
View source version on businesswire.com: http://www.businesswire.com/news/home/20170313005903/en/
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Global Roofing Insulation Adhesives Market 2017-2021 with 3M ... - Yahoo Finance
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When: 10:30 am, Saturday, April 8, 2017.
Where: Oneida Community Mansion House, 170 Kenwood Ave., Oneida
Join us Saturday, April 8, at 10:30 am, for a practical workshop on Slate and Slate Roofing with notedhistoric building preservation specialists Jeffrey Levine and Julie Palmer of Levine & Company, Ardmore,Pa.
This is an excellent professional development opportunity for those who maintain or own buildings thatemploy slate roofing or slate interior materials.
Workshop tuition is $40. Oneida Community Mansion House members may register at $30. Advanced registration is required. The workshop begins promptly at 10:30 am and will conclude by 1:00 pm.
Jeffrey Levins work has been honored with numerous awards, national and regional. He is the author of many publications about slate roofs and building conservation, including Repair, Replacement, and Maintenance of Historic Slate Roofs, published by the U.S. Department of the Interior, and Slate Roofs: Design and Installation Manual, published by the National Slate Association.
Julie Palmer is a LEED Accredited Professional and Vice President of the Delaware chapter of the Institute of Roofing, Waterproofing, & Building Envelope Professionals.
The Oneida Community Mansion House was the residence of the 19th century utopian Oneida Community (1848 1880), and is built with extensive slate clad Mansard-style roofs. OCMH preserves,collects and interprets material culture, intangible heritage, and the architecture of historic buildings and landscapes. OCMH is a National Historic Landmark and chartered by the New York State Department ofEducation.
Located at 170 Kenwood Avenue in Oneida, the Mansion House is open to the public Mondaythrough Saturday from 9 a.m. until 5 p.m., and Sunday from noon until 5:00 pm. Guided tours are provided Wednesday through Saturday at 10 am and 2 pm, and Sunday at 2 pm.
This event is supported in part by the John Ben Snow Foundation.
For further information, please call 315-363- 0745 or see http://www.oneidacommunity.org.
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Workshop on preservation of slate and slate roofs - Madison County Courier
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Building information modeling (BIM) provider BIMsmith has released a new addition to its platform that will make roofing assembly easier for architects, contractors, designers and other industry pros.
The free, cloud-based tool seamlessly combines roofing products and elements into one complete BIM-ready assembly for Revit and other programs. The platform allows industry pros to combine manufacturer specific and generic product data assemblies as they will appear in built projects. The roofing tool joins the company's current lineup of wall, floor and ceiling assemblies. Through the BIMSmith platform, professionals can build, collaborate and share their product data seamlessly among key stakeholders.
BIMsmith has partnered with industry leaders in the roofing vertical to provide branded product data from manufacturers like Redbuilt, GAF, ICP, Akzo Nobel, Fabral and Weyehaeuser.
"BIMsmith has led the charge for web based BIM data creation for years," BIMsmith CEO, Benjamin Glunz stated. "Roofing is absolutely critical to any building project," notes BIMsmith CEO Benjamin Glunz. "We are thrilled to provide this critical missing piece to the puzzle for the betterment of the BIM and building science communities."
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New BIM Roofing Tool Launches - Builder Magazine
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