Is Beacon Construction Materials A Chain?

Beacon Building Products (NASDAQ: BECN) is a publicly traded company that began in 1928 in Charlestown, Massachusetts, as a small regional firm with 32 employees. Since then, it has grown to become a trusted supplier of building materials for contractors and their businesses across North America. Headquartered in Herndon, Virginia, Beacon is the largest publicly traded distributor of roofing materials and complementary building products in the United States and Canada. With over 7,000 dedicated employees, Beacon serves the entire United States and six Canadian territories.

Beacon Roofing Supply, Inc. is an American publicly traded company that sells residential and non-residential roofing products, as well as related building materials. The company was formed when investment firm Code Hennessey and Simmons acquired a controlling interest in Beacon Sales Company in September 1997. Beacon is listed in the Fortune 500 and is proud that its Company Values are the foundation of its business.

In September 1997, Beacon was formed when investment firm Code Hennessey and Simmons acquired a controlling interest in Beacon Sales Company. Beacon is the largest publicly traded distributor of roofing materials and complementary building products in North America and has completed the acquisition of S and H Building Material Corporation (S and H) of Medford, NY. The company has also entered into a definitive purchase agreement to acquire Allied Building Products Corp. (Allied), one of the country’s largest exterior and interior building materials suppliers.

How many locations does Beacon Building Products have?

It is our mission to facilitate the success of contractors by providing a comprehensive suite of digital resources, including automated order workflows, live pricing, material ordering, and mobile delivery tracking. These resources are available across our extensive network of 530+ locations in the United States and Canada.

Who is the owner of Beacon Industries?

Beacon Industries, a Women’s Business Certified enterprise in Texas, is a privately owned manufacturing business under the direction of CEO Karen Holloway. The company is seeking highly skilled machinists to join its culture of long-term success, which is focused on ensuring a positive and rewarding work environment.

Who owns Beacon roofing Supply?

Beacon Roofing Supply, Inc. was established in 1997 when Code Hennessey and Simmons acquired a controlling interest in Beacon Sales Company. Beacon has been in the roofing business since 1928. To subscribe to investor email alerts, enter your email address and select at least one alert option. An activation email will be sent to your address, and you can add additional alert options at any time. promises to treat your data with respect and will not share it with any third party. You can unsubscribe from investor alerts by visiting the ‘unsubscribe’ section. If you encounter any issues, contact Beacon for further assistance.

Is Beacon a Fortune 500 company?

Beacon, a Fortune 500 company, distributes specialty building products like roofing materials and siding. With over 560 branches across the US and Canada, the company serves nearly 100, 000 customers. Its private label brand, TRI-BUILT®, and proprietary digital account management suite, Beacon PRO+, allow customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. For more information, visit becn. com.

Is Beacon a public company?

The company is the largest publicly traded distributor of roofing materials and building products in the US and Canada, offering high-quality products to local contractors working on new construction projects and property repair or remodeling. They also distribute products to home builders, building owners, and retailers. The company’s revenue is driven by repair and remodel demand, with over 70% of revenue driven by this sector. The company is among the oldest and most established distributors in the industry.

Is Beacon roofing Supply a fortune 500 company?

Beacon Roofing Supply Inc., a fast-growing Fortune 500 company based in Greater Washington, has grown into a $9 billion business under the leadership of CEO Julian Francis. Beacon, founded in 1928 in Charlestown, Massachusetts, moved its headquarters to Herndon in late 2013, nearly a decade after its 2004 initial public offering. In 2014, it joined the List of the top locally based public companies at No. 26, and today it’s No. 17.

During that time, the company’s revenue has grown from around $2 billion to more than $9 billion, a 350 increase. Beacon’s focus on contributing to the communities in which it lives and works is crucial for its growth.

What does the CEO of Beacon make?

Beacon Roofing Supply, Inc., with a market capitalization of US$5. 9b, reported a total annual CEO compensation of US$6. 2m for the year to December 2023, a small increase of 4. 1 over the previous year. However, the salary portion is lower, valued at US$930k. In comparison to other American Trade Distributors companies with market capitalizations ranging from US$4. 0b to US$12b, the median CEO total compensation was US$6. 4m. Julian Francis is paid around the median for CEOs in the industry.

He holds US$9. 3m worth of shares in the company in his own name, indicating a lot of skin in the game. Salary represented approximately 17 of total compensation out of all the companies analyzed, while other remuneration made up 83 of the pie. There isn’t a significant difference between Beacon Roofing Supply and the broader market in terms of salary allocation in the overall compensation package.

Is Beacon building products publicly traded?

Beacon Roofing Supply, Inc. is a publicly traded American company that sells residential and non-residential roofing products and related building products in North America. With 533 locations across all 50 states and six Canadian provinces, the company has over 8, 000 employees and over 533 locations in all 50 states and six Canadian provinces. Local divisions may also sell windows, siding, decking, waterproofing, and other external building products. in 1997.

Beacon’s sales reached almost $17 million in commercial roofing by 1984, and by 1997, seven branches were generating $72 million in annual sales. In 1997, equity firm Code, Hennessy and Simmons III, L. P. purchased a majority interest in the company and rebranded it as Beacon Roofing Supply, Inc. In 1998, Beacon acquired its first regional brand, Quality Roofing Supply, a Pennsylvania-based roofing distributor. From 1999 to 2000, Beacon continued its acquisitions of regional roofing distributors, including Best Distributing, Groupe Bedard and Exeltherm Supply, The Roof Center, and West End Lumber.

Who is the largest roofing supply company?

ABC Supply CO, INC is the largest wholesale distributor of roofing in the US, with over 350 locations in 45 states and the District of Columbia. GulfEagle Supply, founded in 1973 as Gulfside Supply, Inc., is a full line distributor of residential and commercial roofing and building products, offering job site delivery. The company has grown from one branch in Tampa, Florida, to over 50 locations nationwide.

FiberTite roof membranes, which have exceeded expectations for over 35 years, are suitable for various commercial roofing projects, from demanding roof installations to less complex jobs. The company’s growth has been driven by acquisitions, start-up locations, and a diverse product range.

Who owns Beacon purchasing?

Beacon, a UK-based procurement firm, was acquired by Entegra on 30 September 2022, combining Beacon’s expertise in bespoke services and Entegra’s digital solutions. The merger offers a comprehensive one-stop solution for businesses in the hospitality, leisure, and healthcare sectors. The acquisition marks a significant milestone in Entegra’s mission to deliver an unparalleled full-service procurement solution, enabling faster, more efficient, and effective service delivery.

Existing Beacon customers will continue to receive tailored advisory services, while Entegra’s alignment will provide them with cross-category expertise, digital solutions, and operational support. This move presents an exciting opportunity for existing Beacon customers to tap into an unmatched level of cross-category expertise and operational support.