Leading position in the wholesale distribution of roofing products Relatively stable product demand Low distribution margins Narrow focus of product line The ratings on American Builders&Contractors Supply Co. Inc. (ABC) incorporate its leading position in the wholesale distribution of roofing products, its relatively stable product demand, and improved cash flow protection measures. These positives are offset by highly competitive and fragmented markets, a narrow product line, low distribution operating margins, and aggressive debt leverage. ABC is the largest wholesale distributor of roofing products and one of the largest distributors of vinyl siding in the U.S., primarily serving small and medium-size contractors. Business strengths include broad geographic coverage through 235 company-owned distribution centers that are strongly customer service-focused, significant