1158 ET - Beacon Roofing Supply sees the often forgotten components that make up construction projects being most impacted by tariffs. Screws, nails and fasteners - the components that hold buildings together -- are cheap and in abundance but also directly in the crosshairs of any duties placed on critical construction components such as steel, aluminum and lumber, says CEO Julian Francis. "Obviously, it'll be a bit of a pass-through for us, but it does mean that inflation is likely to impact the construction industry in a meaningful way, but mostly on the new construction side," Francis says. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
February 27, 2025 11:58 ET (16:58 GMT)
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