Irish building materials giant Kingspan has announced plans to invest $1 billion in expanding its roofing and waterproofing operations across the United States, marking one of the company’s largest-ever strategic moves in North America.
Strengthening Presence in a Key Market
The investment is part of Kingspan’s long-term strategy to accelerate growth in the U.S. construction sector, particularly in energy-efficient and sustainable building solutions. According to the company, the funds will be used to acquire new businesses, expand production capacity, and invest in advanced roofing technologies.
Kingspan has already established a strong footprint in the U.S. through acquisitions like Tremco Roofing, and the new commitment underscores the increasing demand for high-performance roofing systems as U.S. cities respond to climate change, energy codes, and urban resilience goals.
CEO: U.S. Market Represents a “Decade-Long Opportunity”
Kingspan CEO Gene Murtagh emphasized the U.S. market’s strategic importance, stating that the roofing segment represents a “decade-long opportunity” due to shifting regulations and the growing focus on energy-efficient infrastructure.
“This is a transformative moment for our North American business,” Murtagh said. “The demand for sustainable, high-performance building envelopes continues to grow, and we’re positioning Kingspan to lead in that evolution.”
Focus on Sustainability and Innovation
A significant portion of the investment will be directed toward R&D in roofing technologies, including systems that support solar integration, cool roofs, and improved thermal performance. Kingspan has made sustainability a core pillar of its corporate strategy, with aims to achieve net-zero carbon manufacturing by 2030.
The move also reflects a broader trend in the global construction industry, where firms are aligning with climate targets, green building certifications, and stricter energy codes.
