DERBIGUM Americas now is Performance Roof Systems™
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DERBIGUM Americas Inc., Kansas City, Mo., a leading producer of APP polymer-modified bitumen roof systems and accessories for the low-slope commercial roofing market, has changed its name to Performance Roof Systems Inc., A SOPREMA® Group Company.
The decision to change the corporate name is meant to reflect the company’s legacy and strengthen the strategy to focus on Performance Roof Systems’ roofing solutions. It also formally aligns the relationship as “A SOPREMA Group Company.”
SOPREMA Inc., Wadsworth, Ohio, a manufacturer of commercial roofing, building envelope waterproofing, wall protection and civil engineering waterproofing solutions, acquired DERBIGUM Americas in August 2018.
The company’s ownership and product line will not change.
Pandemic-related absences have cost employers billions of dollars
A Dec. 20, 2021, analysis from the Integrated Benefits Institute shows during the previous 22 months, workers’ COVID-19 pandemic-related absences have cost employers more than $78.4 billion—nearly $1 billion each week, according to constructiondive.com.
The institute considered disability wage payments, state disability insurance, sick leave wages and employee benefits in its calculation. It used data from the U.S. Bureau of Labor Statistics, as well as “lost workday experiences contained in its own dataset of employer-sponsored disability claims to model lost work time impacts” based on total COVID-19 case counts in the U.S.
California, Texas and New York exhibited the highest lost work time. Among metropolitan areas, New York City, Los Angeles and Chicago incurred the largest lost work time cost. Although it can be easy to track tangible pandemic expenses, Integrated Benefits Institute Research and Analytics Director Joseph Aller says there are costs in a more intangible area.
“The true cost of the COVID-19 pandemic to employers is far more than just the expense of workplace sanitization, testing and masks,” Aller says. “A holistic view of productivity presents a more accurate overall cost estimation.”
There may be productivity issues even among workers who are present because stress can cost employees hours of work time. To combat employee stress before it becomes severe, many employers have adopted or improved mental health benefits.
Metal-Era® and Hickman Edge Systems join NRCA’s One Voice initiative
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NRCA has announced Metal-Era LLC and Hickman Edge Systems, owned by parent company MTL Holdings, Waukesha, Wis., have joined its One Voice initiative as partner members.
NRCA’s One Voice initiative is a transformational approach to addressing the roofing industry's most critical issues and concerns—with one voice—to secure its future.
NRCA invites manufacturers, distributors, architects, engineers, consultants and service providers to fully engage with NRCA, as partners, and actively address the industry’s most pressing issues, including workforce certification; effecting change in Washington, D.C.; building codes and insurance; and increasing professionalism in all industry sectors.
For more information about NRCA and its One Voice initiative, including a list of One Voice member partners, go to nrca.net/onevoice.
IRS releases 2022 standard mileage rates
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The Internal Revenue Service has announced the 2022 optional standard mileage rates for calculating deductible costs associated with using an automobile for business, charitable, medical or moving purposes.
As of Jan. 1, the standard mileage rate for the use of a car, van, pickup or panel truck is 58.5 cents per mile for business miles driven. The standard mileage rate is 18 cents per mile driven for medical or moving purposes and 14 cents per mile driven in service to a charitable organization.
During 2021, the business mileage rate was 56 cents per mile and the medical and moving rate was 16 cents per mile. The charitable rate is set by statute and remains unchanged.
It is important to note under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station.
Additional information is available at irs.gov/pub/irs-drop/n-22-03.pdf.
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