Roofing material and building products distributor Beacon (Nasdaq: BECN) reported that 2021 net sales increased 12.2% compared to the prior year despite one fewer business day, an annual record for net sales from continuing operations. Residential roofing product sales increased 11.3%, complementary product sales increased 19.4%, and non-residential roofing product sales increased 8.5% compared to […]
Category: Beacon
Beacon Sells Off Solar Products
Herndon, Virginia-based roofing material and building products distributor Beacon (Nasdaq: BECN) has sold its solar products business to BayWa r.e., a renewable energy developer, service supplier and systems provider. Beacon’s solar business features four dedicated and six shared branch locations, where the company distributes solar products to residential and commercial contractors. The business was part […]
Beacon Honors 6 Veterans
Roofing material and building products distributor Beacon (Nasdaq: BECN) on Thursday announced the winners of its 3rd annual Beacon of Hope contest, which rewards six veterans with new roofs. Beacon said it will deliver and secure roof replacements for the six veteran contest winners at no cost to the recipients. Six second-prize winners also will […]
Beacon Acquires Midway
Roofing material and building products distributor Beacon (Nasdaq: BECN) acquired Midway Sales & Distributing, Inc., a leading Midwest distributor of residential and commercial exterior building and roofing supplies. Midway serves customers at 10 locations across Kansas, Missouri and Nebraska. With annual sales of approximately $130 million, the acquisition “deepens Beacon’s already strong presence in the […]
Beacon Opens New Branches in Florida, Texas
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 […]
