Kingspan Group plc, the global leader in high performance insulation and building envelope solutions, is ramping up its commitment to the U.S. from $750m with $1 billion of capital investment over the next 5 years. The One Big Beautiful Act, when enacted, should make the returns even more compelling.
Progress at our groundbreaking Roofing facilities in Maryland and Oklahoma is continuing apace and both will be in production in 2026.
As a consequence of the significant market and cross sell opportunity we are closely exploring an entry to the shingles category to be potentially based at our hundred-acre roofing campus in Oklahoma. The logistical synergies of a roofing mega-site, the largest in the U.S., centrally located and a channel synergy of full spectrum commercial and residential applications will be unrivalled. It will target a ROCE in excess of 20% within 4 years on a $250m investment, within the overall $1 billion capital plan.
We expect these investments will materially contribute to the Group's earnings over the next decade and beyond.
About RoofersCoffeeShop
As an award-winning website and online community, RoofersCoffeeShop is committed to being a roofing professional advocate by supplying consistent information, education and communication avenues for all roofing professionals, and especially contractors, while promoting the positive growth, education and success of the roofing industry overall. Visitors to the site continue to find excellent opportunities for sharing information while participating in important ongoing conversations concerning new technologies, safety and the overall roofing trade. From the rooftop to the board room, RoofersCoffeeShop.com is “Where the Industry Meets!” For more information, visit www.rooferscoffeeshop.com.
Comments
Leave a Reply
Have an account? Login to leave a comment!
Sign In