HERNDON, Va.--(BUSINESS WIRE)--
Beacon Roofing Supply, Inc. (Nasdaq: BECN) ("Beacon") announced today
that it has opened a new branch in Oxnard, California. This new branch
raises the total of Beacon's new branch openings since January 1, 2015
to five (Birmingham, Ala., Charlotte, N.C., Arvada, Colo., Ocala, Fla.,
and Oxnard, Calif.). Beacon has opened 31 new branches in 19 states and
one Canadian province in the last 18 months and now operates 271
branches throughout the United States and Canada. Beacon has added 205
branches through greenfield openings and acquisitions since its IPO in
2004.
Paul Isabella, Beacon's CEO and President, emphasized the importance of
greenfield openings to Beacon's overall growth strategy and stated, "we
are very pleased to open our new Oxnard, California branch and expand
our footprint in California, which is a key growth state for Beacon. The
new Oxnard branch will enable us to reach new customers north of Los
Angeles and expand our business with existing customers in the
metropolitan area. With our second opening in approximately 30 days and
5th this calendar year, Beacon has shown the ability to grow both
through acquisitions and greenfields, and I look for this strategic
growth trend to continue throughout this fiscal year and beyond."
About Beacon Roofing Supply Inc.: Beacon Roofing Supply, Inc. is the
largest publicly traded distributor of residential and non-residential
roofing materials and complementary building products, with 271 branches
in 42 states in the United States and six provinces in Canada and over
$2.3 billion in revenue in its 2014 Fiscal Year. 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