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BECN Beacon Roofing Supply Inc

96.84
-0.86 (-0.88%)
20 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Beacon Roofing Supply Inc NASDAQ:BECN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.86 -0.88% 96.84 96.28 97.35 98.62 96.43 97.93 328,000 01:00:00

Beacon Announces New Locations in California and Texas

16/11/2023 2:00pm

Business Wire


Beacon Roofing Supply (NASDAQ:BECN)
Historical Stock Chart


From Jul 2023 to Jul 2024

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Riverside, CA and Houston, TX locations now open to serve customers

Beacon (Nasdaq: BECN) announced today that it has opened new locations in Riverside, California and Houston, Texas to serve residential and commercial contractors.

The new Riverside, CA branch is in the Inland Empire region of Southern California. “This area is one of the fastest-growing population centers in the U.S. and we are pleased to serve contractors from our Riverside, San Bernardino and Norco branches which operate as a Beacon OTC® network. Customers have access to our full catalog of products and are assured on-time delivery so that they can grow their businesses,” commented Nevin Holly, Beacon’s Regional Vice President, Pacific.

The new branch in Houston, TX is right along the busy 288 corridor between Interstates 69 & 610, south of the city. “This location adds another lever for us to serve our Houston customers. The Houston Beacon OTC® network is now seven branches strong allowing us to differentiate on service and product range to make the customer experience second to none,” explained Peter Lippert, Beacon’s Regional Vice President, Texas.

Beacon has opened 21 greenfields and completed nine acquisitions to date in 2023. Footprint expansion is an important element of our Ambition 2025 plan as we continue to deliver on our commitments to drive above-market growth.

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 500 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of nearly 100,000 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.

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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