Beacon Expands Service In Providence and Toronto Markets
May 23 2024 - 9:00AM
Business Wire
Branches in Attleboro, MA and Mississauga,
ON now open to support building and roofing contractors
Beacon (Nasdaq: BECN), the only publicly-traded specialty
roofing distributor, announced today that it has opened new
locations in Attleboro, Massachusetts and Mississauga, Ontario,
Canada to increase service to residential and commercial roofing
contractors.
The new branch in Attleboro, Massachusetts adds residential and
commercial roofing and complementary products and services in the
Providence, Rhode Island metro and the southeastern Massachusetts
markets. “We have been serving contractors in New England since our
founding nearly 100 years ago. Adding this location brings better
service to the local market where our commitment to customer
success is well known. Contractors will appreciate connecting to
our industry-leading Beacon PRO+ app for online ordering, delivery
tracking and our loyalty program,” said Gerard Hill, Beacon’s
Regional Vice President, New England.
The new branch in Mississauga, Ontario will serve the Greater
Toronto Area (GTA). “We are excited to add more access for our
customers who are very busy supporting record population growth in
the GTA. Our new branch has a strong catalog of both residential
and commercial roofing products as well as complementary products
such as waterproofing and insulation. This team’s knowledge and
service commitment will help contractors save time and grow their
businesses,” commented Charles Michaud, Beacon’s Regional Vice
President, Canada.
Beacon has opened seven new locations, completed four
acquisitions that added 23 branches year-to-date in 2024. Footprint
expansion is an important element of our Ambition 2025 plan. We
continue to deliver on our commitments to drive above-market growth
to better serve customers. The company exceeded its Ambition 2025
revenue and shareholder return targets two years early and is
advancing on achievement of its full plan.
About Beacon
Founded in 1928, Beacon is a Fortune 500, publicly-traded
specialty distributor of building products, including roofing
materials and complementary products, such as siding and
waterproofing. The company operates over 550 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 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/20240523961685/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
Beacon Roofing Supply (NASDAQ:BECN)
Historical Stock Chart
From Oct 2024 to Oct 2024
Beacon Roofing Supply (NASDAQ:BECN)
Historical Stock Chart
From Oct 2023 to Oct 2024