CertainTeed’s new asphalt shingle stands up to winter weather
CertainTeed has come out with a new designer roofing shingle that promises to deliver all-weather performance.
The new NorthGate SBS-Modified Asphalt Shingle is made with an SBS-polymer modifier for extra durability, making it ideal for harsh winter weather conditions. It's also easier to install in cold climates, as the SBS helps the shingles maintain flexibility at temperatures as low as 0 degrees Fahrenheit.
The two-piece laminated fiberglass-based shingle also meets the highest rating for impact resistance: UL 2218 Class 4.
CertainTeed has put all of this to the test: NorthGate has 40% more tear strength, 40% more nail pull-through resistance and 15% more granule retention than the standard asphalt shingle.
Additionally, it's got the aesthetic component on lockdown: a mixture of surface granules add texture and depth.
“CertainTeed has been developing roofing materials since the turn of the 20th century, and NorthGate continues our tradition of designing strong, beautiful products,” said Bob Gardiner, VP marketing for CertainTeed Roofing. “With NorthGate, endurance is simply innate, so the shingle lasts longer and keeps its original look longer, and that’s something we are proud to stand behind.”
Valspar sales jump double digits in Q4
Minneapolis, Minnesota-based Valspar Corp. reported fourth quarter net sales of $1.2 billion, up 11% from the same quarter last year.
Net income for the paint giant increased to $108 million in the quarter ended Oct. 31, up from $63.5 million in the year-ago quarter.
CEO Gary E. Hendrickson also pointed to growth in earnings per share of 42%. "The Coatings segment continues its positive momentum with sales growth of 15%, and all product lines delivered volume increases in the quarter," he said. Strong performance internationally also boosted earnings, he said.
The full-year financials were similarly strong. Net sales increased from $4.1 billion to $4.5 billion. And net income increased from $289.3 million to $345.4 million.
"Looking ahead to 2015, we expect another year of growth," he said. The forecast calls for sales growth in the low single-digits.