Financial News
Beacon Adds Location to Support Greater Milwaukee Contractors
New branch open in West Bend, Wisconsin
Beacon (Nasdaq: BECN) announced today that it has opened a greenfield location in West Bend, Wisconsin.
The West Bend branch services the greater Milwaukee market supporting Washington County customers. “We are pleased to expand Beacon’s footprint which now covers the Milwaukee-Fox Valley corridor,” commented Larry Augello, Beacon’s Regional Vice President, North Central. “This new branch is stocked with leading brands of residential and commercial roofing and complementary products, including Beacon’s own TRI-BUILT® products. In addition, customers on the go across the region can use our mobile app, Beacon PRO+, to save time and track deliveries.”
Following Beacon’s 16 greenfield openings in 2022, another 15 are anticipated in 2023 with this being the third new branch opened this year. The accelerated opening of Greenfield locations is an example of the significant progress Beacon has made toward achieving growth above market and providing an excellent customer experience as laid out in our Ambition 2025 strategy.
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 480 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/20230228005286/en/
Contacts
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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