Latest In Beacon Building Products (formerly Beacon Roofing Supply)
Brendan P. Daly and Patrick G. Murphy have been assigned new roles.
Previously, Beacon's headquarters has been in Peabody, MA.
CEO: A rebound is expected following tough winter and early spring conditions.
Nowicki will oversee finance, IT and investor relations for Beacon.
Beacon acquires California distributors Ford Wholesale and Construction Materials Supply.
Sales in the fourth quarter were 3.9 percent above the prior-year period.
Pittsburgh, PA-based McClure-Johnston Co. has annual sales of $85 million.
Organic sales declined 1.5 percent versus the prior year.
The acquisition coincides with the announced opening of a Roof Depot branch, strengthening Beacon's footprint in St. Louis.
Myrtle Beach branch is the company's 200th branch.
Acquisition strengthens Beacons position in the Southern California market.
Cassady Pierce has six locations in the Pittsburgh, PA, area.
Profit for the distributor of roofing materials and complementary building products was $3.1 million.
Profit for the distributor of roofing supplied nearly doubled year-over-year.
Fowler & Peth has nine locations in Colorado, Wyoming and Nebraska.