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Beacon Expands Presence in Key Florida Market

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Beacon has opened a new greenfield location in Homestead, FL, strengthening its OTC® network in the southeastern Florida market, particularly in Miami-Dade County. This branch offers a variety of products, including roofing and waterproofing materials, enhancing service for local contractors. With ten new openings this year, Beacon aims to improve community support through partnerships, notably with Rebuilding Together. This expansion aligns with Beacon's Ambition 2025 growth goals and enhances its customer service capabilities.

Positive
  • New greenfield location in Homestead, FL strengthens service in Miami-Dade County.
  • Offers a wide range of roofing and waterproofing products.
  • Supports local contractors with immediate access to products and services.
  • Aligned with growth strategy 'Ambition 2025'.
  • Partnership with Rebuilding Together enhances community support.
Negative
  • None.

New Homestead branch to serve metropolitan Miami

HERNDON, Va.--(BUSINESS WIRE)-- Beacon (Nasdaq: BECN) announced today that it has opened a greenfield location in Homestead, FL. The branch strengthens Beacon OTC® network service to customers in the southeastern Florida market, covering Miami-Dade County and the Keys.

The Homestead branch is stocked with leading brands of residential roofing, commercial roofing, and complementary products, including waterproofing and Beacon’s own TRI-BUILT® brand. Contractors in Florida also have immediate access to Beacon PRO+, available in the Apple App Store and Google Play Store for customers who spend their days on the go.

“I am proud to announce the opening of our tenth greenfield this year – in the vibrant Homestead market,” said Jack Gill, Beacon’s Regional Vice President, Florida. “The beautiful coastal nature of this area draws new construction and also requires extra roof maintenance and repair for existing homes, so we are pleased to have another location that supports our busy customers. We are also giving back in this community by helping neighbors through our national partnership with Rebuilding Together.”

“As Beacon expands in our community, I look forward to working with them to increase our impact,” said Martina Spolini, Executive Director of Rebuilding Together Miami-Dade. “Having a partner like Beacon who supports our work is essential to making critical home repairs that allow our long-term community residents to remain in place.”

This new location continues to demonstrate Beacon’s commitment to customer excellence and growth in its Ambition 2025 goals.

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 470 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of over 80,000 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.

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

Source: Beacon

FAQ

What is the significance of Beacon opening a new location in Homestead, FL?

The opening strengthens Beacon's service network for customers in the southeastern Florida market, particularly in Miami-Dade County.

How does the new Homestead branch impact Beacon's growth strategy?

The new branch supports Beacon's 'Ambition 2025' goals, reflecting its commitment to expanding its customer service capabilities.

What products does the new Beacon location in Homestead, FL offer?

The Homestead branch offers leading brands of residential roofing, commercial roofing, waterproofing, and Beacon's TRI-BUILT® products.

How many new locations has Beacon opened this year?

Beacon has opened ten new greenfield locations this year, including the Homestead branch.

What partnership does Beacon have to support the community in Miami-Dade?

Beacon has partnered with Rebuilding Together to assist with critical home repairs in the community.

Beacon Roofing Supply, Inc.

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