Fortune 500 company Beacon announced that it has opened two new locations, with one of them based in Houston. The Houston Beacon branch is located along State Highway 288 between Interstate 69 and Loop 610 just south of Downtown Houston. The other location has been set up in Riverside, California to cater to the demands of a rapidly growing population.
Firstly, let's discuss the functional aspects of these newly opened branches. Along with a new branch in Riverside, California, the release said, the Houston location will serve residential and commercial contractors.
According to the release, the Southern California location is in one of the fastest-growing population centers in the nation.
"We are pleased to serve contractors from our Riverside, San Bernardino and Norco branches which operate as a Beacon OTC network," Nevin Holly, the company’s Pacific Regional Vice President, said in the release. "Customers have access to our full catalog of products and are assured on-time delivery so that they can grow their businesses."
Moving onto Beacon's business development strategy for 2023, Beacon said so far in 2023, it has opened 21 greenfields and completed nine acquisitions, stating footprint expansion is a huge part of its Ambition 2025 plan, the release mentioned.
Finally,a brief on Beacon's history and business scope helps comprehend their continual growth better. According to the release, Beacon was established in 1928 and specializes in distributing building products.
It has more than 500 branches in all 50 states of the U.S. and six Canadian provinces, the release said.