Roofing material and building products distributor Beacon (Nasdaq: BECN) has expanded into California and Wisconsin.
The distributor has opened a new OTC hub in Pico Rivera, California, and a greenfield branch in Little Chute, Wisconsin. The branches are expected to expand service to customers in the high-volume Los Angeles market and the growing Green Bay-Appleton corridor, the company said.
This OTC hub houses approximately 120,000 square feet of inventory, as well as dedicated will-call locations for both residential and non-residential customers. The Little Chute location houses approximately 10,000 square feet of inventory for residential customers, Beacon said.
“These two openings prove our commitment to making Ambition 2025 investments to drive above-market growth and operational excellence,” commented Julian Francis, president and CEO of Beacon. “They support organic growth as well as enhance margins, improve working capital, and develop talent. The Pico Rivera OTC hub will also contribute to our lower emissions target by optimizing delivery routes in the highly congested Los Angeles market.”