Beacon Announces Two New Locations
Opens branches to serve customers in Michigan and Tri-State area of Kansas-Missouri-Oklahoma
HERNDON, Va., September 11, 2023--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) announced today that it has opened new locations in Grand Haven, MI and Joplin, MO to serve residential and commercial contractors and lumberyards.
The new branch in Grand Haven, MI is in the Grand Rapids metropolitan area. "This location will serve the popular lake-side community as part of our Western Michigan Beacon OTC® network. Our product range and digital tools, like Beacon PRO+, make us the supplier of choice for the Grand Rapids area," explained Jake Gosa, Beacon’s President, North Division.
The new Joplin, MO branch is dedicated to serving lumberyard customers. "This location’s proximity to Interstates 44 and 49 is ideal for serving our Kansas, Missouri, and Oklahoma customers. This tri-state area is a busy region and we have customized our product range, trucking routes, and team expertise to deliver industry-leading service for our lumberyard customers," explained Clint Wade, Beacon’s National Vice President.
Beacon has opened 16 greenfields and completed seven acquisitions to date in 2023. Driving above-market growth via footprint expansion is an important pillar of our Ambition 2025 plan and we continue to progress and exceed our commitments to Ambition 2025 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.
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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
