In 1965, S&P 500 companies spent an average of 33 years on the compilation of heavy hitters, according to a report by Innosight. By 1990, this had shrunk to 20 years. The harsh reality is that most businesses struggle to reach landmarks like 10, 20 or 50 years in business. Ironically, durable metal roofing, with typical life spans of 50 or more years, can outlast even the hardiest of S&P 500. Investing in a metal roof, though, is one hallmark of smart business, for four reasons.
Costs to purchase and install a durable, commercial metal roof, says manufacturer Union Corrugating, range from $125 to $1,100 per square foot, depending on location and type of metal roof you select. This tough, weather-resistant commercial roofing can actually lower your installation and maintenance costs by as much as 60 percent over the decades you own the metal roofing, compared to costs for other roofing methods such as single-ply, built-up roofing, or EPDM.
Metal roof materials are known quantities; they have more than a century of installation and wear experience behind them, so manufacturers know not only how to make and coat metal roofing, they back their products with some of the longest warranties in commercial roofing. For many makers, 40-year warranties are standard. This covers manufacturer’s defects but in some cases applies to installation costs, too.
Compared to other roofing materials, insurance companies love metal in commercial roofs. Unlike built-up roofing — which is essentially an organized way to arrange flammable asphalt — metal roofing is not only resistant to fire, it is fireproof. Metal roofs can withstand direct flame so well, structural metal elements around them often fail before burn-through or melting occurs.
Unlike some commercial roofing systems, metal roofs reflect significant amounts of infrared (heat) energy off your building, saving you money on cooling. The Metal Roofing Alliance points out a metal roof can be highly reflective (turning back heat energy) and highly emissive, meaning it releases any heat it absorbs. For the one-time investment of purchase and installation, metal commercial roofing can lower cooling costs for decades to come.
Metal roofs are available in many materials and configurations. If you need assistance sorting out your options with a metal roof for your business or industrial building, contact us at A1 Property Services. We have years of experience with installing, maintaining (and occasionally repairing) long-lasting, beautiful metal roofing.