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Bullboard - Stock Discussion Forum Black Diamond Group Ltd T.BDI

Alternate Symbol(s):  BDIMF

Black Diamond Group Limited is a specialty rentals and industrial services company. The Company owns a portfolio of businesses that solve the space, accommodation and travel needs of organizations around the globe. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). The MSS segment, through its brands, BOXX Modular, Britco, MPA, Schiavi and CL Martin, owns a rental... see more

TSX:BDI - Post Discussion

Black Diamond Group Ltd > Atlantic Canada Expansion...
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Post by zack50 on Jan 17, 2023 5:05pm

Atlantic Canada Expansion...

CALGARY, Alberta, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Black Diamond Group Limited (“Black Diamond” or the “Company”) (TSX: BDI), a leading provider of space rental and workforce accommodation solutions, today announced plans to expand into the Atlantic region of Canada with the opening of a BOXX Modular branch in Moncton, New Brunswick and a Black Diamond Camps business development office.

“With this expansion we will be well positioned to service our existing national customers in this, as well as all other regions in Canada. In addition, we look forward to bringing our industry leading solutions for temporary and permanent buildings, utilizing the efficiency and flexibility of modular structures, to locally based businesses in the construction, education, infrastructure, government, and resources industries,” said Trevor Haynes, Black Diamond’s Chairman & CEO. “We will have the first deployment of new space rental assets in the Atlantic market this spring and have already begun servicing workforce housing customers in the region with modular camp assets relocated and operating in the area.”

The Company’s business in the region will be led by Ray Girouard, Senior Business Development Lead, Atlantic Canada.

“With Ray’s over 20 years of experience in the industry and region, and his connection to the local business communities, we expect to quickly establish ourselves as a valuable partner to industry and deliver differentiated solutions with best-in-class customer service,” said Haynes.

This decision to expand into Atlantic Canada aligns with the Company’s strategy of further geographic diversification, organic growth of our Modular Space Solutions fleet and diversification of the Workforce Accommodation business.

“This builds on our successful track-record over the past several years of delivering value to both our customers and stakeholders,” said Haynes. “With strong economic indicators in the region, and our approach of disciplined execution and measurable accountability, we’re excited about the prospects of this growth opportunity.”

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