IndustryNet
      

IndustryNet Blog

Roofing industry rebounds as construction bounces back

Posted by IndustryNet on Friday, July 21, 2017


Roofing-2The 2007-2009 recession caused havoc within the roofing industry; as new housing construction crashed and builders lost jobs, demand for new roofs vanished. But the economy has righted itself. Construction of both public and private buildings, including their roofs, has regained the pace it was on in the mid-2000s.

Recent data reveals that overall construction spending in fall 2016 rose to its highest level in 10 years, indicating a rise in roofing numbers, as well. The growth reflects gains in both private and public investments; the steady climb in the numbers could prompt economists to adjust their Q4 GDP estimates upwards.

Improved consumer spending supports more roofing opportunities

Across the roofing subspecialty over the past year, IndustryNet data shows the number of roofing manufacturers has risen as have the number of jobs.


• As of April 2017, there are 1,042 roofing companies in the United States, employing over 43,000 workers.

• Most roofing subspecialties added workers, too. Roofing trusses, roof tiles, roof coatings, and slate roofing materials all added
employees compared to 2016's numbers. Steel roofing materials, however, lost almost two percent of its total workforce.

• The majority of roofing companies is located in the Southern states, which are home to almost 470 roofing businesses.

• Meanwhile, the Northeast hosts only 118 of the country's 1,042 roofing-focused corporations.

Industry growth drives up employment numbers100000070_big red roof

• Prefabricated roof curbs businesses added over 100 new workers, representing a 29 percent increase.

• Conversely, metal roofing companies lost approximately 6,000 jobs over the year, netting a 13 percent shrinkage in employment numbers.

Despite the increase in companies and jobs, sales numbers remained on pace with 2016 trends, losing .04 percent when compared to last year. Like last year, across the industry, sales numbers remained steady with trusses, systems, coatings, and structures all reporting more than $100 million in annual revenues.

Top companies

A variety of companies topped the charts in specified industry categories:

Atlas Roofing of Hampton, Georgia leads the industry with over 700,000 square feet of manufacturing floor space.

Firestone Building Products of Prescott, Arkansas employs the most workers at 630.

NVR Building Products of Thurmont, Maryland grew to include 500 workers by April 2016.

Mule-Hide Mfg. of Cornell, Wisconsin reported the highest sales growth for the 2016-2017 fiscal year.

To learn more about the industry and to connect with additional U.S. roofing companies, see the list of roofing suppliers on IndustryNet, the industrial marketplace that connects industrial buyers and suppliers.

Want to keep up with the latest industrial procurement & sourcing trends and exclusive statistics from MNI? Industry professionals trust the free weekly IndustryNet Insider email as their go-to source for industrial news & statistics you can't find anywhere else. Subscribe here.




Get 500 FREE
Industrial Leads from
IndustrySelect!
Reach U.S. manufacturers, suppliers, and industrial service providers with B2B company data
IndustrySelect
Researched firsthand by real people for unparalleled accuracy and detail, trusted by over 50,000 professionals at small businesses to Fortune 500 companies
IndustrySelect is the Industrial Database
Sales • Marketing • Recruiting • Research
Check  Identify prospects by location, industry, size
Check  View complete company profiles
Check  Executive contact data with direct emails
Check  Get instant counts, build unlimited lists
Check  Export profiles to your CRM
Check  Locate top executives by name & title
Check  Collaborate with your sales team
Check  See parent company and family tree
Check  Discover a company's key competitors
Check  Uncover hidden prospects with Intent Data
Check  Clone your best customers Customer Match
Check  Pricing levels for all budgets
Check  Use on your PC, Mac, tablet, or smartphone
Get 500 FREE demo leads now!
A service of MNI
 Find a Supplier  About IndustryNet  Contact IndustryNet We Help Industrial Suppliers Grow:
 Get a Quote  Buyer Reviews  Link to IndustryNet
 IndustryNet Blog  Marketing Solutions  Terms of Use  B2B Industrial Prospecting Data
 Create Free Account  Add or Upgrade Listing  Legal Information  Industrial Prospecting Services
 Account Log In  Browse All Categories  Privacy Policy  Industrial Project Reports
 ISO Standards & Certifications  Browse All Companies  Do Not Sell My Personal Info  Advertise on IndustryNet