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Beacon expands with new Florida and Michigan branches

EditorAhmed Abdulazez Abdulkadir
Published 03/22/2024, 09:15 AM
© Reuters.
BECN
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HERNDON, VA - Beacon (NASDAQ:BECN), a Fortune 500 company specializing in the distribution of roofing and building materials, has recently opened new branches in Fort Myers and Milton, Florida, as well as in Saginaw, Michigan. These new locations are aimed at enhancing service to residential and commercial roofing contractors in these regions.

The Fort Myers branch is the third in the Cape Coral-Fort Myers metro area, and includes a location focused on waterproofing products, addressing the high demand in this rapidly growing coastal market. Jack Gill, Beacon's Regional Vice President for Florida, emphasized the company's commitment to providing comprehensive building solutions, from roofing to underground protection.

In Milton, Florida, the new branch is positioned to cater to the building material needs spurred by the area's attractiveness, including its Gulf coast and Naval base. Lynn France, Beacon's Regional Vice President for the Southeast, remarked on the potential for contractors to benefit from Beacon's customer service and product range.

The Saginaw, Michigan branch marks the company's 12th location in the state, where Beacon aims to support roofing contractors with its product offerings and Beacon PRO+, an industry-leading application designed for customers on the move. Jason Martin, Beacon's Regional Vice President for the Great Lakes, highlighted the app's advantages for busy professionals.

These openings are part of Beacon's strategic growth under its Ambition 2025 plan, which focuses on footprint expansion to drive above-market growth and improve customer service. The company has surpassed its revenue and shareholder return targets for Ambition 2025 two years ahead of schedule and is progressing towards fulfilling the entire plan.

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Beacon, established in 1928, operates over 530 branches across all 50 U.S. states and 6 Canadian provinces. It serves nearly 100,000 customers, offering products like roofing materials, siding, and waterproofing, as well as its private label brand, TRI-BUILT®. The company also provides digital account management through its Beacon PRO+ suite. This article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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