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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 | 97.53 | 314,796 | 01:00:00 |
Opens branches to serve customers in California’s Monterey County, Colorado’s Front Range, and Texas’ Greater San Antonio
Beacon (Nasdaq: BECN) announced today that it has opened new locations in Salinas, CA, Frederick, CO, and Seguin, TX to serve residential and commercial contractors and lumberyards.
The new Salinas, CA branch is in vibrant Monterey County. “Focused on serving residential contractors, the team at this location operates as part of the San Jose Beacon OTC® network to help customers build their businesses with on-time delivery of our full catalog of products,” commented Nevin Holly, Beacon’s Regional Vice President, Pacific.
The new branch in Frederick, CO is part of the quickly developing Front Range Urban Corridor. “With an ideal location along Interstate 25, this branch sits just between Denver and Fort Collins and will serve contractors with our full product range as well as digital tools, like Beacon PRO+, that help busy contractors grow their businesses,” explained Justin Hinze, Beacon’s Regional Vice President, Mountain.
The new Seguin, TX branch is dedicated to serving lumberyard customers. “Right off Interstate 10, this location’s greater San Antonio proximity will serve the busy region with our customized product range, delivery optimization, and specialized employees that makes us the go-to supplier for area lumberyards,” explained Beacon Vice President, Clint Wade.
Beacon has opened 19 greenfields and completed eight 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231027941355/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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1 Month Beacon Roofing Supply Chart |
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