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In The News:

Headwaters Inc. Acquires Metals USA's Gerard Business

Building products manufacturer Headwaters Inc. (NYSE: HW), South Jordan, UT, has acquired Metals USA's roofing products business, Gerard. Gerard sells seven primary metal profiles, including tile, barrel vault and canyon shake.

"One element of our business strategy is to increase the number of products that we provide to our core customers," said Kirk Benson, Headwaters' CEO. "With the addition of Gerard, we now have three product categories in niche roofing, including composite, concrete and metal which we believe will open up opportunities for cross selling as well as bundling a complete roofing system, including our tag & stick underlayment product."

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