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CanWel (Tom Donaldson) Breakfast Meeting 2005

CanWel's President and CEO, Tom Donaldson, addressed this morning a room full of CHHMA members anxious to hear his vision for his company after having acquired Sodisco-Howden.

Mr. Dutton referred to the last decade as a period of "unbridled" growth that allowed for a much larger than expected emergence of the big-box segment, and featured the incredible market expansion that allowed for the continued viability of small and medium sized independent hardware and building supply stores not impacted by consolidation. After outlining the structure of the new organization, Mr. Donaldson talked about the need to focus on what Sodisco has to do to grow and be effective and efficient in all that it does. He also spoke to the need to "get closer to the customer" and doing a better job of nurturing relationships ... Making a Difference!
Mr. Donaldson expressed optimism about the future, citing continuing healthy new home construction and renovation markets. This optimism also applied to the future of the independent hardware and building supply retailer although he acknowledged that the support of an organization like Sodisco has to be there. To that end, he noted that resources will be added in adopting a "high touch strategy."

In appreciation of Mr. Donaldson's presentation, CHHMA President Vaughn Crofford announced that a contribution to the Canadian Cancer Society would be made in his name.
Canadian Hardware & Housewares Manufacturers Association | 1335 Morningside Ave., Suite 101, Scarborough, ON M1B 5M4
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