Soprema to Host Building Envelope Clinic in New York

Soprema Inc. will be hosting a regional Building Envelope Clinic in New York on Oct. 10, 2017, for architects, consultants and contractors looking to further their knowledge, network and earn continuing education units. The clinic will be held at AIA New York, located at 536 LaGuardia Pl., New York, NY 10012.

The Building Envelope Clinic will begin at 9:00 a.m. and conclude at 3:30 p.m. with a cocktail reception and prize raffle.

“We’re proud to be offering these clinics regionally to help support our consultants, contractors and architects,” said Sara Jonas of Soprema. “These courses continue to bring education to the forefront for our current partners, as well as those new to Soprema, while helping them to achieve credits to keep their accreditations.”

Courses offered during the Building Envelope Clinic include:

  • SBS-Modified Bitumen Technology –AIA/RCI Accredited
  • Wall Systems & Design – AIA/RCI Accredited
  • Below Grade Waterproofing Systems & Design – AIA/RCI Accredited
  • Vegetated Roofing Systems – AIA/RCI Accredited
  • PMMA/PMA Liquid Applied Membranes
  • For more information and to RSVP, click here.

    ABC Supply Opens New Branch in California

    ABC Supply Co. Inc. announced that the company has opened a branch in Antioch, Calif. Tom Hennigan will lead the team of associates at this new ABC Supply branch. According to the company, Hennigan joined ABC Supply’s Oakland, Calif., location in 2016 as an outside sales associate. Prior to joining ABC Supply, Hennigan gained extensive experience with exterior building products as a contractor and salesperson, and he will use the industry knowledge he gained to help local contractors find solutions for their business challenges and achieve their goals.

    The branch is ABC Supply’s first location in Antioch and one of more than 30 locations in California. “We’re excited to be part of the Antioch community and to build trusting, professional relationships with the area’s contractors,” said Matt Cooper, vice president of ABC Supply’s West Region. “Our goal is to make it as easy as possible for contractors to have access to the products and expertise they need to tackle their projects.”

    The Antioch branch is located at 2701 Verne Roberts. Branch hours are 7:00 a.m. to 4:30 p.m. PDT, Monday through Friday, and 7:00 a.m. to 11:00 a.m. PDT on Saturday. The phone number is (925) 779-1437. 

    H.B. Fuller Agrees to Purchase Royal Adhesives & Sealants

    H.B. Fuller Company, a global developer and manufacturer of proprietary adhesives and sealants, announced it has signed an agreement to purchase Royal Adhesives & Sealants, a manufacturer of specialty adhesives and sealants.

    “This accretive acquisition accelerates realization of our 2020 strategic objective to focus and grow in engineering adhesives and other highly specified market segments, while exceeding our targeted cash flow, EPS and EBITDA margin targets,” said H.B. Fuller President and Chief Executive Officer Jim Owens. “With Royal’s strong customer relationships and experienced team, we will add depth and breadth to our portfolio. Royal’s complementary offerings will expand our presence in North America, Europe and China, and add new technology and capabilities. We have identified $35 million in cost synergies and $15 million in growth synergies that we expect to realize over the next three years as a result of merging these two great adhesives businesses. Upon closing the transaction, H.B. Fuller will be a company with nearly $2.9 billion in revenue, focused on profitable growth in attractive engineering, durable assembly, and construction adhesives markets.”

    Royal is expected to generate approximately $650 million in revenue and $138 million in adjusted EBITDA for H.B. Fuller’s fiscal year 2017. The company operates 19 manufacturing facilities in five countries, and employs approximately 1,500 people globally.

    The agreed upon purchase price is $1,575 million, subject to customary adjustments. H.B. Fuller intends to finance the transaction through new debt financing. H.B. Fuller has previously announced specific financial goals for organic growth, cash flow and EBITDA margin improvement in the company’s 2020 strategic plan and believes this acquisition will support acceleration and over performance relative to these objectives. Royal is a supplier of industrial adhesives in a diverse set of end markets, including commercial roofing, aerospace, transportation, insulating glass, solar, packaging and flooring applications. With this acquisition, H.B. Fuller will gain product technology and add people and skills that will result in a more capable and dynamic company for customers and employees, according to the company. H.B. Fuller remains committed to maintaining its current dividend and rapid deleveraging using the significant free cash flow it expects to have available for this purpose.

    Subject to customary closing conditions and regulatory approvals, the transaction is expected to close as soon as October of 2017. Morgan Stanley & Co. LLC is acting as H.B. Fuller’s sole financial advisor in relation to this acquisition, and Faegre Baker Daniels LLP is acting as H.B. Fuller’s legal counsel. H.B. Fuller is acquiring Royal from affiliates of American Securities LLC, based in New York with an office in Shanghai.

    CertainTeed Showcases Commitment to Solar Power at SPI 2017

    CertainTeed Solar is highlighting upgraded products and an enhanced installer program at Solar Power International 2017, being held September 11-13 in Las Vegas. Billed as “North America’s Premier Energy Event,” Solar Power International (SPI) is the largest annual gathering of solar industry professionals in the United States. CertainTeed Solar will be highlighting the following at booth #2463:

    An Enhanced Solar Installer Program: CertainTeed Solar has updated its Solar Installer program to include both Credentialed Installer and Master Installer levels, featuring workmanship warranty coverage of 25 years for Apollo II, Apollo Tile II and Solstice systems installed by Master Solar Installers. Coupled with lead generation, marketing co-op funds and public relations support, CertainTeed’s upgraded Solar Installer Program adds further value to solar installers looking to differentiate and grow their businesses.

    US Series Solar Modules: CertainTeed Solar will also highlight its US Series 60 and 72-cell solar modules. Announced in June 2017, 60 cell US Series modules have a maximum power output of 305W, while 72 cell modules reach up to 365W. All US Series modules are American-made using domestic and foreign components, and rank among the most efficient solar modules manufactured in the United States. The modules are available individually or as part of CertainTeed’s Solstice® system, which includes the components necessary for rooftop installation.

    Upgraded Apollo II Solar Roofing Systems: Apollo II and Apollo Tile II solar roofing systems have been upgraded to offer 63 watts of rated power, improving on both the performance and the economics of CertainTeed’s solar roofing systems. Apollo II and Apollo Tile II modules are proudly manufactured in the United States using foreign and domestic components.

    With more than 110 years of experience supplying products to the construction industry, CertainTeed Solar provides unparalleled confidence in a long-term investment. All CertainTeed solar products are available nationwide.

    Johns Manville Partners With Logistics Lighting

    Johns Manville announced the company has formed a partnership with Logistics Lighting to create the Johns Manville skylight program. The skylight program was established to allow JM to integrate skylights into clients’ projects and incorporate a seamless process for including a complete system with the roofing package. This program includes various skylight products with different brands in order to provide the most cost-effective option, with up to a 20-year warranty. The products offered through the program include skylights, smoke vents, tubular skylights, safety screens, burglar bars and roof curbs. There are also several services offered through the JM skylight program, including design and layout of skylights, energy savings calculations, specification review, submittal packages, and project specific meetings with designers and contractors.

    This program has allowed JM to broaden the company’s offering and create more opportunities for customers to diversify based on their needs. The goal of the partnership was to combine Logistics Lighting’s extensive knowledge of skylights with the expertise that JM brings to roofing, creating real value for the consumers. According to JM, this partnership provides consumers with quality products, a competitive price, and a guarantee that is backed by a trusted company.

    The JM skylight program includes a skylight warranty, issued by JM, as an addendum to the 20-year roof guarantee. The 20-year guarantee is only available on Velux and Kingspan products. The other two brands that are offered are Sunoptics and Wasco, and those have up to five and 10-year warranties, depending on the product.

    President of Logistics Lighting Eric Huffman stated, “We are proud to be a part of the Johns Manville skylight program. We are honored to serve Johns Manville clients and sales team, and to provide the finest skylight and smoke vent options for their projects, combined with the best warranty available. The skylight program allows JM to help their clients to cost-effectively meet their daylighting and sustainability goals, and serve as a single source for the entire roof guarantee.”

    For more information about the skylight program, contact Huffman at EHuffman@LogisticsLighting.com or call (307) 633-9696.

    Petersen to Open PAC-CLAD Manufacturing Facility in Phoenix

    Petersen is expanding the reach of its trusted PAC-CLAD brand by opening a new manufacturing facility in Phoenix. The 52,000-square-foot facility is scheduled to be fully operational in the first quarter of 2018, and will be equipped to provide the Western U.S. construction market with the full line of PAC-CLAD steel and aluminum cladding products, including standing seam roof panels, hidden- and exposed-fastener wall panels, sheet, coil and more.
     
    The expansion West provides a solution to growth challenges Petersen has faced, said Mike Petersen, CEO. “To date, we have been limited in our ability to effectively service customers in the Western United States, largely because of the challenges and high costs of transporting products from our Texas and Illinois facilities and over the Rocky Mountains. By opening this Phoenix facility, we’re creating a foundation on which to grow the PAC-CLAD brand into the West Coast market,” Petersen said.
     
    The new facility will be managed by David Hedrick, whose background includes more than 15 years of management leadership in both the manufacturing and architectural metals industries. “I’m excited about joining the Petersen team and opening this new PAC-CLAD manufacturing facility. The Arizona PAC-CLAD team looks forward to providing the Western United States construction industry with the high-quality PAC-CLAD products and professional service the rest of the country has enjoyed for more than 50 years,” Hedrick said.
     
    Petersen’s facility is located in existing commercial space south of downtown Phoenix. Questions and inquiries about the Phoenix facility can be directed via email to Rob Heselbarth at rheselbarth@petersenmail.com. The Phoenix location is the sixth for Petersen, joining the company’s other facilities in Elk Grove Village, Ill.; Acworth, Ga.; Tyler, Texas; Annapolis Junction, Md.; and Andover, Minn.

    For information more information, click here.

    TAMKO Makes Donation to Red Cross to Aid Those Affected by Hurricane Harvey

    TAMKO Building Products Inc. has proudly donated $100,000 to the American Red Cross to assist with their Hurricane Harvey disaster relief efforts in Houston and the surrounding area. TAMKO presented the funds at the Joplin, Mo., Red Cross office on Sept. 6.

    “Thanks to generous partners like TAMKO, the American Red Cross is there, providing food, shelter and comfort to people affected by Hurricane Harvey,” said Stacy Burks, Executive Director of the American Red Cross Southern Missouri.  “We have deployed over a dozen local [Joplin-area] volunteers.  They join more than 3,000 Red Cross disaster workers who will continue to support families as they begin to recover and rebuild.” 

    In the past, TAMKO has donated to the Red Cross to assist with disaster recovery from tornadoes that ravaged areas where TAMKO operates, including a deadly EF-5 tornado in 2011 that struck the town of Joplin, where TAMKO is headquartered. 

    TAMKO’s President and CEO David Humphreys said, “The devastating effects of Hurricane Harvey are heartbreaking. TAMKO and its employees have witnessed firsthand what the American Red Cross can do to help in these types of disaster situations. We make this donation in the spirit of kindness that Houston and its neighbors so desperately need now.”
     
    For more information about TAMKO, click here.

    KARNAK Launches New and Improved Website 

    KARNAK announced the launch of an updated website designed for an improved user experience. KARNAK, a manufacturer of reflective coatings, sealants and cements, notes that a key feature on the new site is a decision tree that helps visitors determine which product is right for them by walking them through a series of simple questions. The new design gives site users quick access to important information and resources including product installation videos and instructions and technical data.

    Frequently asked questions are addressed as they relate to fabrics and reinforcements; damp proofing and waterproofing; and for general roofing scenarios. The Roof and Foundation Conditions page identifies common issues that are experienced on roofs and walls. The causes of the conditions are reviewed and the damage that can be created is described along with suggested maintenance and repair information provided for each condition. 

    The new website is optimized for access from mobile devices with pages that rapidly load and navigation that is easy to use on a smartphone or tablet. Visitors to the site can also stay informed on the latest company activities and news by signing up for the new email newsletter. Visit the new site by clicking here.

    Beacon Roofing Supply to Acquire Allied Building Products

    Beacon Roofing Supply Inc. announced that the company has entered into an agreement to acquire Allied Building Products Corp. Beacon will purchase Allied from global diversified building products group CRH for $2.625 billion in cash.

    Headquartered in Herndon, Va., Beacon is a distributor of residential and non-residential roofing and complementary building products, and the company currently has more than 380 locations in 48 states and six Canadian provinces.

    Allied is headquartered in East Rutherford, N.J., and distributes products across 208 locations in 31 states. The company distributes exterior products, such as roofing, siding, windows and doors, and interior products, such as wallboard and suspended ceiling systems.

    According to Beacon, the combination of Beacon and Allied will make Beacon one of the largest publicly traded wholesale building materials distributors in North America with pro forma revenues of approximately $7 billion and 593 branches in all 50 states and six provinces across Canada.

    Beacon will also become the fourth largest wallboard and acoustical ceiling tile wholesale distributor in the United States, with more than $1 billion of revenue in the interior market category. Beacon and Allied have more than 150 years of combined experience providing service excellence to customers in the building products industry.

    The expanded geographic footprint will allow Beacon to enter new local markets, particularly in New York, New Jersey and the upper Midwest. In addition, acquiring Allied allows Beacon to further strengthen the company’s position as a leader in roofing products distribution, while accelerating growth in other key product categories, including siding, windows, doors, decking, trim, waterproofing, insulation and solar.

    Beacon expects to finance the acquisition with approximately $2.2 billion of debt financing, a new unsecured note and approximately $500 million of committed convertible preferred equity financing from an entity affiliated with the investment firm Clayton, Dubilier & Rice (CD&R), which in October 2015 sold Roofing Supply Group (RSG) to Beacon. The parties currently expect to consummate the transaction on or around January 2, 2018, subject to satisfaction of customary closing conditions.

    Robert R. Buck, chairman of Beacon’s board of directors, stated: “Allied is among the most established and respected companies in our industry, and we are proud that, through this acquisition, Beacon will become one of North America’s largest publicly traded building materials distributors and will operate locations in all 50 states. I want to thank CRH for entrusting Beacon with the future success of Allied and its dedicated employees, who have been part of the CRH family for more than 20 years. The Allied acquisition also presents a great opportunity for CD&R to again become a major shareholder in Beacon. Today is of great significance in Beacon’s history and for the future of building products distribution.”

    Paul Isabella, Beacon’s president and chief executive officer, commented: “I would like to welcome the more than 3,500 employees from Allied to the Beacon family. We are thrilled to partner with such a loyal and dedicated workforce that shares our commitment to superior customer service and high levels of performance. We are also excited to become a significant player in the robust, growing and still-consolidating interior products market. Together, we will leverage the strengths of both companies, while remaining committed to preserving the deep customer relationships that we have each cultivated over 150 years of combined experience. This is a milestone moment in the long and successful histories of both companies.”

    Soprema to Host Building Envelope Clinics in California

    Soprema Inc. will be hosting two regional Building Envelope Clinics in California in September 2017 for architects, consultants and contractors looking to further their knowledge, network and earn continuing education units.

    The first clinic will be held in San Francisco on Sept. 19, at AIA San Francisco, located at 130 Sutter St. #600, San Francisco, CA 94104.

    The second clinic will be held in Los Angeles on Sept. 21. The clinic will be held at the California Science Center, located at 700 Exposition Park Drive, Los Angeles, CA 90037

    Both events include a Building Envelope Clinic that will begin at 9 a.m. and conclude at 3:30 p.m. with a cocktail reception and prize raffle.

    “We’re proud to be offering these clinics regionally to help support our consultants, contractors and architects,” said Sara Jonas, Soprema. “These courses continue to bring education to the forefront for our current partners, as well as those new to Soprema, while helping them to achieve credits to keep their accreditations.”

    For more information and to RSVP, visit the website.