Page 9 - LBMAO - Sept-Oct 2023 - Reporter - web optimized

INDUSTRY NEWS

castle news would open the door to more opportunities. Castle Community Grows in Ontario
After months of careful comparison and Castle announced today that they have
deliberation, they determined that Castle’s added another new location to the Ontario
distinctive business model stood out from the map, this time in Nipigon. Maada'oozhgamig
others. Castle Building Centre is the newest member
“Our business, and our community is to join the group. The full-service Lumber,
unique, and we needed to be aligned with Building Materials and Hardware business is
a group that understood this. The more we a First Nation owned and operated building
learned about Castle and how they support centre, which was established to support the
Castle Announces Large Dealer in Toronto the independent, the more we knew they local consumers of Northwestern Ontario and
Castle announced a new dealer located in were the right fit.” Tony Tan, Partner First Nation communities.
Toronto, Ontario has joined the group. Mr. Bin With their move to Castle, Mr. Bin Inc. will Owners Shawn Sobush and The Grossi
Inc. is the latest independent retailer to open focus more on the LBM side of their business. Group purchased the existing retail store,
their doors as a Castle Building Centre. Their expansive yard and warehouse space which was part of a competing banner. After
Mr. Bin Inc. brings a unique business will allow them to house the inventory reviewing the proposed contract and all its
model to Castle with three separate entities: necessary to support their continuously nuances, the partners quickly realized that it
LBM, hardscapes, and construction disposal increasing demand. A grand opening was too restrictive and didn’t align with their
services. The business was founded in early celebration for the community is planned for independent aspirations.
2019 and has grown exponentially with each late Fall. Ultimately, they declined to sign the
passing year exceeding all forecasts and “Castle represents a unique and agreement, and this led them to Castle. The
expectations. The shareholders are deeply compelling option to independents, one team was thoroughly impressed with the
entrenched in the Chinese community where that is focused solely on the success of the fact that Castle already had a significant
loyalty, commitment and respect are the entrepreneur. For Castle, the phrase “You presence and great reputation among First
hallmark of their success. are the Brand” is more than a slogan, it’s our Nations communities across Canada. Castle’s
After an incredibly successful launch, commitment to empowering the success of offering was perfectly in line with their
the management team began to consider our members in every element of their unique values and future goals, and they welcomed
expanding their building material division. businesses. We are pleased to welcome Mr. the opportunity be part of an already well-
They felt becoming part of a buying group Bin Inc. to the Castle family.” Ken Jenkins, established First Nations partner.
President & CEO “We are thrilled to come on board as a new

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www.lbmao.on.ca LBMAO Reporter - September-October 2023 9