Beacon Announces Continued Footprint Expansion
26 Febbraio 2025 - 2:00PM
Business Wire
Four greenfield branches expand service area in
Indiana, Wisconsin, Florida and Texas
Further supports Ambition 2025 Plan to drive
above market growth by significantly enhancing customer reach
Beacon (Nasdaq: BECN), the leading publicly-traded specialty
wholesale distributor of roofing, waterproofing and related
exterior products, announced today that it has opened four
greenfield branches to better serve both residential and
non-residential roofing customers.
New branches in Lafayette, Indiana and La Crosse, Wisconsin will
serve these upper Midwest markets. “Both locations are well
positioned to provide a full range of exterior products to new and
current customers seeking to grow their businesses in adjacent
towns. Contractors will benefit from our team’s knowledge and
service commitment, as well as access to helpful tools such as
online ordering via our industry-leading Beacon PRO+® app,”
commented Larry Augello, Beacon’s Regional Vice President, North
Central.
The new branch in St. Augustine, Florida will further serve the
First Coast area. “Beacon specializes in the building materials and
services that this busy construction market requires. Our new
location adds another convenient, well-stocked branch that includes
our private-label TRI-BUILT® product line that delivers
professional results at a competitive price,” commented Jack Gill,
Beacon’s Regional Vice President, Florida.
The new branch in Frisco, Texas will serve the Dallas-Fort Worth
metroplex. “This Beacon location is the eleventh to serve this
active new construction, repair and replacement market. We are
pleased to join the fast-growing Frisco community and strengthen
the Beacon OTC® network that gets contractors what they need when
they need it,” commented Peter Lippert, Regional Vice President,
Texas.
Beacon continues to drive above market growth through footprint
expansion via acquisitions and new greenfield branches. Adding
locations and teams to deepen customer service is an important
element of our Ambition 2025 plan. Beacon exceeded its Ambition
2025 revenue and shareholder return targets in 2023 and continues
to advance its ongoing efforts to achieve its full potential.
About Beacon
Founded in 1928, Beacon is a publicly-traded Fortune 500 company
that distributes specialty building products, including roofing
materials and complementary products, such as siding and
waterproofing. The company operates over 580 branches throughout
all 50 states in the U.S. and 7 provinces in Canada. Beacon serves
an extensive base of approximately 110,000 customers, utilizing its
vast branch network and diverse service offerings to provide
high-quality products and support throughout the entire business
lifecycle. Beacon offers its own private label brand, TRI-BUILT®,
and has a proprietary digital account management suite, Beacon
PRO+®, which allows customers to manage their businesses online.
Beacon’s stock is traded on the Nasdaq Global Select Market under
the ticker symbol BECN. To learn more about Beacon, please visit
www.becn.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250226510379/en/
INVESTOR CONTACT Binit Sanghvi VP,
Capital Markets and Treasurer Binit.Sanghvi@becn.com
972-369-8005
MEDIA CONTACT Jennifer Lewis VP,
Communications and Corporate Social Responsibility
Jennifer.Lewis@becn.com 571-752-1048
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