The fifth annual "Beacon of Hope" program by Beacon Building Supply invites nominations to help military veterans needing assistance receive a new roof. The contest is open to all veterans as an expression of appreciation for their service; nominations will be accepted through October 6.
Beacon officials announced a private offering of $500 million in secured notes payable in 2030 to support their stock buyback plan for repurchasing 400,000 Class A Preferred Stock shares.
Beacon Roofing Supply has acquired Crossroads Roofing Supply, Inc., a mainstay operation for residential and commercial contractors in Oklahoma, for two decades. This acquisition is part of Beacon's Ambition 2025 goals, expanding its branch footprint through both acquisition and greenfield-built growth.
Beacon announced an agreement to repurchase all outstanding shares of its Series A Cumulative Convertible Participating Preferred Stock held by Clayton, Dubilier & Rice, LLC; the company also provided a preview of its 2023 Q2 results, which will be announced after the market closes on August 3.
Beacon Building Products was named a 2023 Platinum Employer by the National Commission for the Certification of Crane Operators. The high-level distinction was awarded to only six companies, recognizing a commitment to providing training and certification to its employees through the CCO.
Beacon, the national roofing and building products distributor, announced on June 15 that Michelle Ly Hall, operations manager at Hall Roofing and Construction, has been named the 2023 North American Female Roofing Professional of the Year.
Advanced Roofing has grown into one of the elite commercial contractors in Florida with a commitment to quality and an eye for strategic diversification.