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Roofing Supply ProRoofing Supplier News

Distributor News

Beacon Opens New Locations in East Coast, Canadian Markets

By Roofing Contractor Staff
Beacon_Logo.jpg

The $500 million offering proposed by Beacon is subject to market and other conditions, the company noted; proceeds from the round of funding, along with available funds on hand, will be used to complete the repurchase and cover related expenses of its planned repatriation of 400,000 of Class A Preferred Stock shares. 

May 24, 2024

Beacon announced that it has opened new locations in Attleboro, Mass. and Mississauga, Ontario, Canada to increase service to residential and commercial roofing contractors in those markets.

The new branch in Attleboro adds residential and commercial roofing and complementary products and services in the Providence, R.I. metro and the southeastern Massachusetts markets. 

“We have been serving contractors in New England since our founding nearly 100 years ago," said Gerard Hill, Beacon’s regional vice president, New England "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."

The new branch in Mississauga, Ontario will serve the Greater Toronto Area, which Beacon officials says is experiencing record population growth

“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,” said 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. The distributor says that 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 said in a news release that it exceeded its Ambition 2025 revenue and shareholder return targets two years early and is advancing on achievement of its full plan.

KEYWORDS: Beacon Building Products Canada Massachusetts new location roofing distributor roofing suppliers

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Roofing Contractor editor-compiled stories, staff reports and industry news releases.

To submit news or for corrections, contact Tanja Kern, Strategic Content Editor, at kernt@bnpmedia.com.

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