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TIM-BR MARTS Ltd. (Tim Urquhart) Breakfast Meeting 2012

On May 23, 2012, Tim Urquhart, President & CEO of TIM-BR MARTS Ltd. and
Chalifour Canada Ltd. spoke to a group of CHHMA members at a breakfast meeting at the Sheraton Montreal Airport Hotel.

Mr. Urquhart has over 30 years of senior business experience in the Canadian building materials/hardware industry and has been President & CEO of TIM-BR MARTS Ltd. since 2004.  During this period, the company has grown from $600 million to over $2 billion in annual purchases (over $3 billion in retail sales) representing over 740 independently owned member locations and 5 distribution centres across Canada.

During the presentation, Mr. Urquhart provided some background on the company and updated members on the latest management team and organizational structure.  He reviewed some economic outlooks for the industry and talked about the company's involvement in buying groups such as Spancan, where they look to provide further support in the future.

He also told the audience that Chalifour is looking for 100% fill rates and is asking for vendors to keep them competitive in order to deal with the threat of U.S. distributors offering low-priced product.  The company is also looking for vendors to help them grow their business by identifying new opportunities which they may not be addressing currently.

We thank Mr. Urquhart for his update and taking the time to speak to our members. 

Mr. Urquhart is pictured with CHHMA Quebec Committee President Christine Papineau.

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