With roughly 40% of its business coming from referrals, Lifetime Quality Roofing is proving that a concentration on internal processes leads to growth and success.
The fifth annual "Beacon of Hope" program by Beacon Building Supply invites nominations to help military veterans needing assistance receive a new roof. The contest is open to all veterans as an expression of appreciation for their service; nominations will be accepted through October 6.
Beacon officials announced a private offering of $500 million in secured notes payable in 2030 to support their stock buyback plan for repurchasing 400,000 Class A Preferred Stock shares.
Beacon Roofing Supply has acquired Crossroads Roofing Supply, Inc., a mainstay operation for residential and commercial contractors in Oklahoma, for two decades. This acquisition is part of Beacon's Ambition 2025 goals, expanding its branch footprint through both acquisition and greenfield-built growth.
Beacon announced an agreement to repurchase all outstanding shares of its Series A Cumulative Convertible Participating Preferred Stock held by Clayton, Dubilier & Rice, LLC; the company also provided a preview of its 2023 Q2 results, which will be announced after the market closes on August 3.
Beacon Building Products was named a 2023 Platinum Employer by the National Commission for the Certification of Crane Operators. The high-level distinction was awarded to only six companies, recognizing a commitment to providing training and certification to its employees through the CCO.