Yes, IKO is still very much in business and is one of the largest and most successful roofing manufacturers in North America and globally, with strong growth in 2024-2026. IKO was founded in 1951 in Calgary, Alberta, and is headquartered in Brampton, Ontario, Canada, where it operates its main Canadian plant. IKO is privately held and family-owned by the Koschitzky family, and has grown from a small Canadian company to a global roofing giant with over 4,000 employees and manufacturing plants in Canada including Brampton and Hawkesbury, Ontario, in the United States including Wilmington, Delaware, Hillsboro, Texas, Sylacauga, Alabama, and in Europe including plants in Slovakia and other locations. IKO manufactures asphalt shingles including popular lines like Cambridge, Dynasty, Nordic, Marathon, and Armourshake, as well as commercial roofing membranes, waterproofing, and insulation. IKO is one of the few Canadian-owned shingle manufacturers still operating, alongside BP Building Products owned by Saint-Gobain, and competes directly with US giants like GAF, Owens Corning, and CertainTeed. IKO products are widely sold across Canada and the US through Home Depot, Lowe's, Beacon, and roofing distributors, and IKO continues to invest in new plants and technologies like ArmourZone and Blue-Green algae resistance. So IKO is not only still in business but thriving as a major Canadian success story in building materials.
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