HERNDON, Va.--(BUSINESS WIRE)--
Beacon Roofing Supply, Inc. ("Beacon") announced today that it has
opened a new branch in Ocala, Florida. This new branch raises the total
of Beacon's new branch openings since January 1, 2015 to four
(Birmingham, Alabama; Charlotte, North Carolina; Arvada, Colorado; and
Ocala, Florida). Beacon has opened 30 new branches in 19 states and one
Canadian province in the last 18 months and now operates 270 branches
throughout the U.S. and Canada. Beacon has added 204 branches through
greenfield openings and acquisitions since its IPO in 2004.
Paul Isabella, Beacon's President and CEO, emphasized the importance of
greenfield openings to Beacon's overall growth strategy and stated, "We
are very pleased to open our new Ocala, Florida branch and expand our
footprint in Florida, which is a key growth state for Beacon. The new
Ocala branch will enable us to reach new customers and expand our
business with existing customers. Greenfield openings play a critical
role, along with acquisitions, in increasing profitability and value for
our shareholders, and I look forward to announcing additional
strategically placed and opportunistic greenfield openings this fiscal
year and beyond."
About Beacon Roofing Supply
Founded in 1928, Beacon Roofing Supply, Inc. (NASDAQ: BECN) is a leading
distributor of residential and commercial roofing materials and
complementary building products, operating 270 branches throughout 42
states in the U.S. and six provinces in Canada. In fiscal 2014, Beacon
had sales of $2.3 billion. The Company employs more than 3,000
associates. To learn more about Beacon Roofing Supply and its family of
regional brands, please visit www.becn.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Statements in this press release regarding Beacon Roofing
Supply Inc.'s business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties. For a
discussion of such risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see "Risk Factors" in the Company's Annual Report on Form
10-K for the most recently ended fiscal year.
BECN-F
News Provided by Acquire Media
Beacon Roofing Supply, Inc.
Joseph Nowicki, 571-323-3940
Executive
Vice President & Chief Financial Officer
JNowicki@becn.com
Source: Beacon Roofing Supply, Inc.
News Provided by Acquire Media