Content about Siding

KB Home is being sued by a group of homeowners in Cary, N.C., because it installed weather barriers behind fiber cement siding in some residential developments but not others, according to a case summary provided by North Carolina Lawyers Weekly. 

A Business Court judge certified the lawsuit, describing the class as "all persons in the state of North Carolina who own a home that was constructed by KB Homes without a weather-restrictive barrier behind the exterior veneer of Hardiplank cement fiber lap siding."

Roofing manufacturer GAF has announced Timberline American Harvest Lifetime Shingles, featuring a stunning color palette, "inspired by the colors of the American Heartland." 

Allied Building Products Corp. has recently completed three acquisitions: Ivan Supply Co.; the Smyrna, Ga., branch of American Wholesale; and Pacific Source.

Philadelphia-based Ivan Supply Co. is a privately held, four-branch distributor of roofing and siding. It was founded in 1981 by Ivan Tancredi.

Power Home Remodeling Group, an East Coast-based provider of exterior home renovations, has expanded its operations to Marlborough, Mass., where it will continue to serve the greater Boston metropolitan area. Power has already hired more than 50 employees in the Boston region and plans to create at least 100 jobs in 2011 and another 100 to 250 in 2012, the company said in a press release.

Georgia Gulf Corp., an Atlanta-based public company, has announced the purchase of Exterior Portfolio by Crane, a siding manufacturer owned by the Crane Group, for approximately $72 million. Headquartered in Columbus, Ohio, Exterior Portfolio is a leading U.S. manufacturer and marketer of siding products with 2010 revenues of approximately $100 million.

Owens Corning has signed an agreement to sell its masonry division, which makes Owens Corning Cultured Stone exterior siding, to Boral Industries in a two-part transaction, the company announced. 

The building products supplier will sell a 50% stake in its masonry products unit to Boral Industries for $45 million at closing, and the unit will then be operated jointly until early 2014. At that time, Owens Corning will sell its remaining 50% stake for $45 million and may receive additional proceeds dependent upon 2013 financial performance.