December 2002

A difficult year | Industry Focus

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A difficult year

by Ambika Puniani Bailey
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By all accounts, 2002 has been a struggle for the roofing industry. And it's anyone's guess how 2003 will end up.

In this issue, you'll find our annual industry forecast in which roofing contractors explain how they regard the state of the industry (see "Tough times," page 18). Similarly, I asked some roofing material manufacturers what they think about the industry and economy and their outlooks for next year.

Bill Collins, president and chief operating officer of GAF Materials Corp., Wayne, N.J., and Nick McClintock, vice president of exterior systems business for Toledo, Ohio-based Owens Corning, believe laminate shingles are gaining market share in the residential (steep-slope) arena.

"Consumer demand for aesthetically pleasing products that perform is the key driver in material use," McClintock says. "In fact, dimensional or laminate shingles have become the standard in new construction, as well as...

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