We are currently in the midst of a major expansion of our wood and metal facilities in Woodbridge, Ontario Canada. We have already moved the majority of our active Distribution Centre to its new headquarters on Rowntree Dairy Road in a new 35,000 sq ft facility. We will be maintaining our previous 17,000 sq ft DC as a long term storage and flexible assembly plant. Canada’s Best Millwork Creations has grown so rapidly that it will now assume the majority of our Head Office building on Sharer Road. With the addition of some “state of the art” equipment, three times the previous space and the continuous addition of great people, we will triple our 2010 capacity by December of this year. Antalex Inc, our metal fabrication division, continues to thrive and will capture an additional 25% of its 2010 capacity. It’s a tremendous amount of work and effort to get everything re-arranged and we salute our team for their dedication to continuing our “World Class” pace.
It’s official, we ranked number 38 on the Profit Hot 50 list of Canada’s Fastest Growing Companies. We’re proud to have made this prestigious list for the second year in a row. Special thanks to Ian Portsmouth, Editor In Chief and his team for another excellent issue of Profit Magazine, an essential tool for Canadian entrepreneurs.
We have designed and developed a new Bulk Food section for Fortinos that is getting set to launch across the chain. Look for the new look in your local Fortinos grocery store.
A couple months ago I told you about a new program that we were helping The Source out with. We’re extremely happy to announce that we are in the midst of a 25 store test rollout that is going very well. As always, please get out there and visit your local The Source store and check out the new “Small Office, Home Office” section of the store… and buy something!
Our friends at TSC Stores are further developing their retail status by aggressively pursuing the impulse shopper within their stores. This is yet another evolution in an excellent place to shop.
Our metal and wood divisions have completed year one of the Toyota Scion rollout to 46 stores across the country. This was a huge program in a very short period of time and we are very proud of our team working along side of the Idealab team in executing to great fanfare of the Toyota executive. We invite you to visit your local Toyota dealership and check out the new Scion within the new Scion display area.
Big news in Canadian Retail. Target has finally squashed the rumors and announced that they will be coming to Canada in 2015 and will build 200 stores. It’s been a long time coming and will certainly make a dent in Canadian Retail as a whole. We welcome Target to Canada.
Well, I think that’s all for now. The NFL is in full swing and all is right in the World.