GAF acquires shingle facility
Wayne, N.J.-based GAF Materials Corp. acquired Meridian, Miss.-based Atlas Roofing Corp.'s Quakertown, Pa., manufacturing facility on May 7.
"This acquisition will enable us to keep pace with the growing demand for our product in North American markets," says William Collins, GAF's president and chief executive officer. "The Quakertown facility provides GAF with immediate capacity of roughly 2 million squares (18 million m²) of shingles per year and the potential for additional capacity expansion, as well as saturated felt products to help contractors and distributors build their businesses in the United States and Canada."
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