HERNDON, Va.--(BUSINESS WIRE)--Oct. 1, 2024--
Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has opened new locations in Pelham, Alabama, Queen Creek, Arizona, Port St. Lucie, Florida and Bellingham, Washington.
The new branch in Pelham, Alabama serves the Birmingham metro area. “This is our second location in the growing Birmingham market, chosen specifically to complement our existing branch. We are now able to expand our product offering and enhance service to contractors in all segments of the business, commented Lynn France, Regional Vice President, Southeast.
The new branch in Queen Creek, Arizona serves the growing east Phoenix corridor. “Roofing and waterproofing contractors now have five Beacon locations to serve them in metro Phoenix. Our branches work together to share resources and serve customers efficiently. We are proud of this differentiated business model that puts customers first, making them the center of our business,” noted Justin Hinze, Regional Vice President, Mountain.
The new branch in Port St. Lucie, Florida serves the Treasure Coast’s residential contractors in Indian River, St. Lucie and Martin counties. “This branch, along with our locations in Fort Pierce, Stuart and Vero Beach form a Beacon OTC® Network that provides a complete product catalog, including roofing materials, metal roofing, tile, underlayment and more, delivered on-time and complete. We are also pleased to give roofing contractors in the area access to the Beacon PRO+® app to run their businesses more efficiently,” explained Jack Gill, Regional Vice President, Florida.
The new branch in Bellingham, Washington serves the area’s residential and commercial markets. “Contractors in this desirable geography now have a convenient Beacon branch dedicated to serving them. With products including Beacon’s own TRI-BUILT® line of high-quality low slope and steep slope roofing materials, we are delivering value to every customer while helping them grow their business,” commented Alvin Cung, Regional Vice President, Northwest.
Expanding our customer service with additional locations 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 on achieving 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 570 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and service capabilities to provide high-quality products and support throughout the entire project 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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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
Source: Beacon
