The Monthly Mix: May Industry RoundupThe Monthly Mix: May Industry Roundup
Get caught up on recent roofing and exteriors industry news from April and May, including a Congressional medal of honor, the shortlist for Female Roofing Pro of the Year, a new federal action plan to bolster the U.S. housing supply, and more.
May 18, 2022
Roofing & Exteriors' Monthly Mix highlights a handful of notable updates across the roofing and exteriors industry over the last month. This news roundup will drop at the end of each month and cover newsworthy, impressive and crucial updates. To submit company updates, award announcements, acquisitions or other news for consideration, email R&E Associate Editor Kaitlin Schuler at [email protected].
Here are is May's Monthly Mix:
Dave Yoho Receives Congressional Gold Medal
In a nationally televised special session on May 18, Dave Yoho, president of Dave Yoho Associates, was honored with the Congressional Gold Medal for his military service as a U.S. merchant mariner during World War II. Mariners provided supplies to U.S. troops during the war and often found themselves in harm's way.
Well-known and highly lauded in the construction industries, Yoho founded a residential roofing company at 28, which eventually operated with 22 branches in 13 states and, in the early 1960s, had a volume of over $60 million. He will be the featured speaker at the World War II Memorial on Memorial Day (May 30) at 9 a.m. ET, and will sit in the lead car to start the Memorial Day Parade at 2 p.m. ET.
NRCA Roofing Day in D.C. Prioritizes Workforce Funding and Innovation
Each year, roofing pros gather on Capitol Hill for Roofing Day in D.C. to advocate for the industry. The annual event features speakers and panelists who seek to inform and inspire attendees, according to the National Roofing Contractors Association, and there is ample opportunity to network and connect with fellow industry pros. The 2022 Roofing Day was held virtually April 5-6, prioritizing workforce funding and innovation to address supply chain challenges and labor shortages. Other highlights included conversations on immigration reform and investment and reform of career and technical education.
For those who may have missed Roofing Day, fret not: the NRCA's National Roofing Week 2022 will be held June 5-11. Roofing pros are encouraged to engage in their communities and inform the public about the essential roles played by roofs and professional roofing contractors in every community.
Beacon Names Finalists for 2022 North American Female Roofing Pro of the Year
Beacon Building Products recently released its shortlist for the annual North American Female Roofing Professional of the Year honor. This program seeks to spotlight inspiring women in the roofing industry, and the public can vote on the five finalists through June 6 via the contest website. These five finalists include:
Anna Arakelyan – United Roofing and Contractors | Myrtle Beach, South Carolina
Letitia Hanke – ARS Roofing and Gutters | Santa Rosa, California
Michelle Mulder – Nailed It Roofing | North Bay, Ontario, Canada
Christina Rodriguez – G Storm Solutions | Houston, Texas
Robin Wright – V&R Roofing | Tacoma, Washington
Biden Administration Unveils Housing Supply Action Plan
The new Housing Supply Action Plan released by the Biden-Harris Administration in May seeks to help close the housing supply gap in the U.S. in five short years. The plan starts with the "creation and preservation of hundreds of thousands of affordable housing units in the next three years," according to the White House press release, and includes policies to boost supply and bring homeownership within reach for Americans struggling to find affordable homes in markets with too few homes for sale.
Among other things, the plan will deploy new financing mechanisms in order to build and preserve housing where financing gaps exist, expand and improve the existing forms of federal financing (such as for affordable multifamily development), and work with the private sector to tackle supply chain issues and improve building techniques.
Global Windows and Doors Market to Reach $356.4B by 2030
The global windows and doors market size is expected to grow from $217.9 billion in 2020 to $356.4 billion by 2030, according to a 2022 report from Allied Market Research. Prime factors expected to lead to this growth include a rise in disposable income, an increase in housing requirements, and governmental initiatives to invest in construction-related activities. The residential sector accounted for the largest share of 2020's numbers and is projected to maintain this lead position through 2030.
The market growth is also driven by factors including advancements by key players producing eco-friendly product options, a rise in consumer spending on home improvement, and surges in both residential and commercial construction.
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