Beacon Expands Commitment to Veterans With Launch of 6th Annual Beacon of Hope

Rhea-AI Summary

Beacon (Nasdaq: BECN), a leading wholesale distributor of roofing and exterior products, has launched its 6th Annual Beacon of Hope program. This year's initiative expands support for veterans by offering new roofs at no cost to 12 veteran-owned homes and two community buildings serving veterans. For the first time, Gold Star Families are also eligible for nominations.

The program, open to all military veterans in the U.S. and Canada, will deliver and fully fund safe, durable roofs featuring TRI-BUILT® and CertainTeed products. Nominations can be submitted from August 15 to October 4, 2024, with winners announced on Veteran's Day, November 11th. Since its inception in 2018, Beacon of Hope has installed over 50 roofs for veterans.

Positive

• Expansion of Beacon of Hope program to include 12 veteran-owned homes and 2 community buildings
• Inclusion of Gold Star Families as eligible nominees
• Collaboration with local roofing companies and CertainTeed for product supply
• Fully funded roof installations at no cost to recipients

Negative

• None.

Nominations Sought to Support Veterans in Need of Roof Replacement

HERNDON, Va.--(BUSINESS WIRE)-- Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, is seeking nominations for its annual Beacon of Hope. This North American program has been expanded to award new roofs at no cost to 12 Veteran-owned homes and two community buildings that house organizations serving Veterans. This is also the first year that Gold Star Families are welcome as nominees. Gold Star Families have experienced the loss of an immediate family member who made the ultimate sacrifice during active-duty military service, and Beacon is extending the promise of a sound roof to Gold Star Families in need.

Now in its sixth year, Beacon of Hope is part of Beacon’s commitment to Building Better for its Communities. The program is open to all military Veterans in the U.S. and Canada. Together with local roofing companies, Beacon will deliver and fully fund a safe, durable roof for 12 residential winners and two community buildings. The new roof will feature TRI-BUILT^® products, Beacon’s private label brand, and products from CertainTeed. Since launching the program in 2018, Beacon has installed over 50 roofs so that our Veterans have a sound roof at their home.

“We proudly stand by our Veterans, honoring their service and dedication to our country, which is why it’s our privilege to go further this year by supporting more veterans and including Gold Star Families,” said Jonathan Bennett, Beacon’s Chief Commercial Officer. “We created the Beacon of Hope program to ensure these Veterans have a high-quality roof over their heads. We are humbled to partner with local communities and industry partners like CertainTeed to help build a brighter future for Veterans and urge the public to honor deserving Veterans in their community by nominating them for an opportunity to receive a new roof.”

From August 15 through October 4, 2024, the public can nominate a U.S. or Canadian Veteran or Gold Star Family at the Beacon of Hope website or by submitting an e-mail to beaconofhope@becn.com. A panel will select 12 grand-prize residential and two community winners and announce the deserving winners on Veteran’s Day, Monday, November 11^th.

To learn more about Beacon of Hope, including past honorees and official rules, visit go.becn.com/beaconofhope.

About Beacon

Founded in 1928, Beacon is a publicly-traded Fortune 500 company that distributes specialty building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 570 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and service capabilities to provide high-quality products and support throughout the entire project 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/20240815626659/en/

INVESTOR:

Binit Sanghvi

VP, Capital Markets and Treasurer

Binit.Sanghvi@becn.com

972-369-8005

MEDIA:

Jennifer Lewis

VP, Communications and Corporate Social Responsibility

Jennifer.Lewis@becn.com

571-752-1048

Source: Beacon

FAQ

What is the Beacon of Hope program by Beacon (BECN)?

Beacon of Hope is an annual program by Beacon (BECN) that provides new roofs at no cost to veteran-owned homes and community buildings serving veterans. In its 6th year, the program has expanded to include 12 residential winners and 2 community buildings, and now includes Gold Star Families as eligible nominees.

When can nominations be submitted for Beacon's (BECN) 2024 Beacon of Hope program?

Nominations for Beacon's (BECN) 2024 Beacon of Hope program can be submitted from August 15 through October 4, 2024. Winners will be announced on Veteran's Day, November 11th.

How many roofs has Beacon (BECN) installed through the Beacon of Hope program since 2018?

Since launching the Beacon of Hope program in 2018, Beacon (BECN) has installed over 50 roofs for veterans to ensure they have a sound roof over their heads.

What products will be used for the roofs installed through Beacon's (BECN) Beacon of Hope program?

The roofs installed through Beacon's (BECN) Beacon of Hope program will feature TRI-BUILT® products, Beacon's private label brand, and products from CertainTeed.