Acquisition expands Beacons Canadian presence.
Latest In Beacon Building Products (formerly Beacon Roofing Supply)
Profit decreased 1.3 percent year-over-year.
Year-to-date sales up 0.8 percent year-over-year.
Beacon Roofing organic sales up 3.3%
Fourth-quarter sales jumped 14 percent.
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Brendan P. Daly and Patrick G. Murphy have been assigned new roles.
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Previously, Beacon’s headquarters has been in Peabody, MA.
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Net sales increased 11.9 percent.
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CEO: A rebound is expected following tough winter and early spring conditions.
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Nowicki will oversee finance, IT and investor relations for Beacon.
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Total sales increased 4.9 percent.
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Beacon acquires California distributors Ford Wholesale and Construction Materials Supply.
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Sales in the fourth quarter were 3.9 percent above the prior-year period.
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Pittsburgh, PA-based McClure-Johnston Co. has annual sales of $85 million.
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Organic sales declined 1.5 percent versus the prior year.
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The acquisition coincides with the announced opening of a Roof Depot branch, strengthening Beacon’s footprint in St. Louis.
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Myrtle Beach branch is the company’s 200th branch.
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Acquisition strengthens Beacons position in the Southern California market.
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Cassady Pierce has six locations in the Pittsburgh, PA, area.
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Profit for the distributor of roofing materials and complementary building products was $3.1 million.
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