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Beacon

Beacon

American publicly traded company which sells residential and non-residential roofing products, as well as related building products in North America

Beacon (NASDAQ: BECN) is an American publicly traded company which sells residential and non-residential roofing products, as well as related building products in North America. As of January 2, 2018, upon the completion of its acquisition of Allied Building Products, the company had 589 locations throughout all 50 states and six Canadian provinces, and over 8,500 employees. In addition to roofing, local divisions may also sell windows, siding, decking, waterproofing, and other external building products. The company is currently headquartered in Herndon, Virginia.

Executive profiles

Julian G. Francis, president and chief executive officer, effective September 1, 2019.

Timeline

December 1, 2021
Beacon announced the completion of the sale of its solar products (“Solar Products”) business to BayWa r.e., a leading renewable energy developer, service supplier and systems provider globally and in the Americas.
November 1, 2021
Beacon acquired Midway Sales & Distributing, Inc. (“Midway Wholesale” or “Midway”).With 10 locations across Kansas, Missouri and Nebraska, this acquisition deepens Beacon’s presence in the Midwest.
March 8, 2021
In honor of International Women’s Day, Beacon Building Products announced the launch of its first annual North American Female Roofing Professional of the Year competition, shining a spotlight on women in the roofing industry across the U.S. and Canada.
February 19, 2021
Beacon Building Products announced the establishment of the Robert R. Buck Scholarship Program in honor of former President, CEO and Chairman of the Board, Robert “Bob” Buck.
December 21, 2020
Beacon Roofing Supply announced that it would sell its interior products business to American Securities, LLC for $850 million.
January 15, 2020
Beacon Roofing Supply updated its branding to Beacon Building Products reflecting its full product range of residential and commercial building products.
August 16, 2019
Beacon Roofing Supply announced the establishment of the Beacon of Hope, a nationwide contest awarding deserving Veterans with new roofs.
2019
The transformative acquisition of Allied Building Products was completed and Beacon was named to the Fortune 500.
2014
Beacon again expanded its operations again by acquiring Wholesale Roofing Supply based out of Dallas, Texas, All Weather Products based out of Vancouver, and Applicators Sales & Service in New England.
2013
Shortly after fiscal 2013 began, the company acquired McClure-Johnston Co. which expanded the company's footprint in the Pennsylvania region.

Patents

Further Resources

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