BECN

Beacon Adds Service in Atlantic Canada and Minneapolis Markets

Retrieved on: 
Monday, April 8, 2024

The new branch in Dieppe, New Brunswick will serve the Atlantic Canada region.

Key Points: 
  • The new branch in Dieppe, New Brunswick will serve the Atlantic Canada region.
  • “We are pleased to add service in our seventh Canadian province.
  • Contractors will appreciate our team’s knowledge and service commitment to help them grow their businesses,” commented Charles Michaud, Beacon’s Regional Vice President, Canada.
  • The new branch in Spring Lake Park, Minnesota adds residential and commercial roofing and complementary products and services in the north Minneapolis metro market.

Beacon Announces Agreement to Purchase Smalley & Company, a Regional Specialty Waterproofing Distributor

Retrieved on: 
Tuesday, April 2, 2024

Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced today that it signed a purchase agreement to acquire Smalley & Company, headquartered in Denver, CO with eleven locations in Colorado, Arizona, California, Nevada, New Mexico and Utah.

Key Points: 
  • Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced today that it signed a purchase agreement to acquire Smalley & Company, headquartered in Denver, CO with eleven locations in Colorado, Arizona, California, Nevada, New Mexico and Utah.
  • Smalley is a privately held company, which is 100% owned by an Employee Stock Ownership Plan and Trust (“ESOP”).
  • Closing the contemplated transaction requires a majority vote of the plan’s Participants giving the ESOP Trustee authorization to approve the sale.
  • Smalley & Company has been providing contractors, design professionals, and owners with tailored sealant and waterproofing solutions since 1967.

Beacon Announces Three New Locations

Retrieved on: 
Friday, March 22, 2024

Beacon (Nasdaq: BECN), the only publicly traded specialty roofing distributor, announced today that it has opened new locations in Fort Myers, FL and Milton, FL and Saginaw, MI to serve residential and commercial roofing contractors.

Key Points: 
  • Beacon (Nasdaq: BECN), the only publicly traded specialty roofing distributor, announced today that it has opened new locations in Fort Myers, FL and Milton, FL and Saginaw, MI to serve residential and commercial roofing contractors.
  • “We are pleased to now have three branches serving the Cape Coral-Fort Myers metro area, including a location specializing in waterproofing products.
  • We have what builders need from the roof to underground protection,” commented Jack Gill, Beacon’s Regional Vice President, Florida.
  • Beacon has opened three new locations and completed two acquisitions in the first three months of 2024.

Beacon Launches Fourth Annual Campaign Recognizing Female Roofing Professionals

Retrieved on: 
Friday, March 8, 2024

In honor of International Women’s Day, Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced today the launch of its fourth annual North American Female Roofing Professional of the Year .

Key Points: 
  • In honor of International Women’s Day, Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced today the launch of its fourth annual North American Female Roofing Professional of the Year .
  • Any woman who works in the roofing industry can be nominated, whether they are in operations, accounting, sales, ownership, estimating, or other roles.
  • “Roofing has changed my life and I’m grateful to Beacon for raising awareness about the important role women play in the roofing industry.”
    From March 8- April 10, 2024 the public can nominate a female roofing professional on the campaign website or by submitting an e-mail to [email protected] .
  • Nominations should include why the nominee deserves to be named the Female Roofing Professional of the Year as well as a short biography and photo.

Beacon Launches Fourth Annual Campaign Recognizing Female Roofing Professionals

Retrieved on: 
Friday, March 8, 2024

In honor of International Women’s Day, Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced today the launch of its fourth annual North American Female Roofing Professional of the Year .

Key Points: 
  • In honor of International Women’s Day, Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced today the launch of its fourth annual North American Female Roofing Professional of the Year .
  • Any woman who works in the roofing industry can be nominated, whether they are in operations, accounting, sales, ownership, estimating, or other roles.
  • “Roofing has changed my life and I’m grateful to Beacon for raising awareness about the important role women play in the roofing industry.”
    From March 8- April 10, 2024 the public can nominate a female roofing professional on the campaign website or by submitting an e-mail to [email protected] .
  • Nominations should include why the nominee deserves to be named the Female Roofing Professional of the Year as well as a short biography and photo.

Beacon Announces 1st Annual Supplier Partner Award Winners

Retrieved on: 
Tuesday, March 5, 2024

This award goes to a supplier who looks for new ways to innovate and partner, even when the path is not clear.

Key Points: 
  • This award goes to a supplier who looks for new ways to innovate and partner, even when the path is not clear.
  • This award goes to a supplier who shares Beacon’s vision for building our premium-quality exclusive brand.
  • This award goes to a supplier that steps up to position Beacon to compete, grow and attract new customers.
  • With the support of over 2,300 supplier partners, Beacon exceeded its Ambition 2025 revenue and shareholder return targets in 2023 and continues to unlock its long-term potential.

Beacon Announces Acquisition of Metro Sealant

Retrieved on: 
Monday, February 12, 2024

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Metro Sealant & Waterproofing Supply, Inc. (“Metro Sealant”) headquartered in Springfield, VA with three additional branches located in Ashland, VA, Linthicum, MD, and Virginia Beach, VA.

Key Points: 
  • Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Metro Sealant & Waterproofing Supply, Inc. (“Metro Sealant”) headquartered in Springfield, VA with three additional branches located in Ashland, VA, Linthicum, MD, and Virginia Beach, VA.
  • View the full release here: https://www.businesswire.com/news/home/20240209907786/en/
    Metro Sealant has a 35-year history serving contractors, design professionals, and owners with tailored sealant and waterproofing solutions for commercial construction.
  • “We are proud to join the Beacon team and its growing waterproofing division, which is now nearly nationwide,” commented Garth Viar, Metro Sealant’s CEO.
  • Beacon’s continued investment in distributing these specialty products positions it to provide protection in communities across the country.”
    Metro Sealant is Beacon’s second acquisition of 2024.

Beacon to Announce Fourth Quarter and Full Year 2023 Earnings on February 27, 2024

Retrieved on: 
Tuesday, February 6, 2024

Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter and full year ended December 31, 2023 will be released after market close on Tuesday, February 27, 2024.

Key Points: 
  • Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter and full year ended December 31, 2023 will be released after market close on Tuesday, February 27, 2024.
  • The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day.
  • Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link.
  • Details for the earnings release event are as follows:

Beacon Announces Acquisition of Roofers Supply of Greenville

Retrieved on: 
Thursday, February 1, 2024

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Roofers Supply of Greenville (“Roofers Supply”) headquartered in Greenville, SC with two additional branches located in Charlotte, NC and Raleigh, NC.

Key Points: 
  • Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Roofers Supply of Greenville (“Roofers Supply”) headquartered in Greenville, SC with two additional branches located in Charlotte, NC and Raleigh, NC.
  • View the full release here: https://www.businesswire.com/news/home/20240131049790/en/
    Roofers Supply has a more than 40-year history in commercial roofing throughout the southeast.
  • “We are excited to join the Beacon team.
  • Chris and the Roofers Supply team deliver unparalleled technical knowledge, product range and service reliability.

Beacon Announces New Locations in Texas and North Carolina

Retrieved on: 
Tuesday, January 16, 2024

Beacon (Nasdaq: BECN) announced today that it opened new locations in Conroe, TX and Goldsboro, NC at the end of December 2023 to serve residential and commercial roofing contractors and lumberyards.

Key Points: 
  • Beacon (Nasdaq: BECN) announced today that it opened new locations in Conroe, TX and Goldsboro, NC at the end of December 2023 to serve residential and commercial roofing contractors and lumberyards.
  • “The population continues to grow north of the city, and we have the residential and commercial roofing products and services to support contractors as they grow their businesses.
  • We have nine locations around the Houston metroplex, and they operate in lockstep via the Beacon OTC® Network to provide the highest level of customer service,” commented Peter Lippert, Beacon’s Regional Vice President, Texas.
  • Beacon customers benefited from a total of 49 additional branches in 2023.