Beacon (Nasdaq: BECN), a publicly traded roofing and building products distributor based in Herndon, Virginia, announced Wednesday that it has opened new branches to expand service to customers in the Houston and North Port-Bradenton-Sarasota, Florida, market areas.
The Fortune 500 company ranks No. 3 on MDM’s Top Distributors list for materials and construction distributors, with $6.7 billion in revenue in 2020
“These new branches are examples of marrying our strategic initiatives to drive organic growth and, at the same time, leverage our distribution network to enhance customer service, optimize inventory, and lower the cost to serve,” Beacon President and CEO Julian Francis said. “In addition, these two locations bring dozens of new well-paying jobs to their communities and will create additional career paths for current employees.”
The Houston location is a Beacon OTC Network hub.
Beacon’s OTC Network is a strategic initiative designed to raise service levels by sharing resources, inventory, and systems to deliver an outstanding customer experience.
This hub houses approximately 125,000 square feet of inventory, as well as dedicated will-call locations and central dispatch operations.
The North Port, Florida, location houses approximately 30,000 square feet of inventory.
Both branches serve residential and non-residential customers with leading brands of roofing and complementary products, including Beacon’s own TRI-BUILT brand.
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