May 21, 2014

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Headwaters Inc. Acquires Metals USA's Roofing Business

Press Release

May 21, 2014

South Jordan — Headwaters Incorporated has acquired the assets of Metals USA's roofing products business, Gerard.

"One element of our business strategy is to increase the number of products that we provide to our core customers," said Kirk A. Benson, Headwaters' chairman and CEO. "The $2.6 billion specialty niche roofing market is of interest to our core customers and is an area of focus for Headwaters."

"We are excited about the combination of our metal roofing products with Headwaters' composite product," said Ron Anderson, president of Gerard. "We strongly believe in the sales synergy associated with marketing both products with Gerard’s national sales force, creating opportunities for roofing contractors to pull more product through distribution.”

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