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New strategic modern facility for Colabor Group, The Canadian Business Journal

BOUCHEVILLE, QUEBEC, SEPTEMBER 29, 2022 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“collaboration” or “Company), a leading distributor of food and related products serving the Quebec and Atlantic Canadian markets, today announced that it will move its Boucherville headquarters and warehouse to a new facility in Saint Bruno de Saint Bruno by the end of 2023. Did. Montarville Industrial Ecopark near our current location. The new industrial facility is more modern, well-located to operate and provides a stimulating working environment ideal for employee well-being.

“Colabor has been in business for over 60 years,” said Louis Frenette, President and CEO of Colabor. Very informative.

A building that meets Colabor’s current and future needs

Developed by Montoni Group and leased by Colabor, the facility is subject to a long-term contract and is fully compliant with the company’s needs. Located at the intersection of Highway 30 and State Highway 116, it is strategically placed near public transportation such as San Bruno Station. The goal is for all buildings to achieve his LEED and Net Zero Carbon certification. Additionally, the new facility will provide a number of valuable services to Industrial Ecopark workers. “Employee well-being and customer satisfaction are at the heart of this promising and exciting green real estate project that offers significant growth opportunities,” Frenett adds.

Scheduled for the fourth quarter of 2023, the facility move is an ambitious and strategically important project for Colabor. The entire company has worked on a rigorous and structured plan to ensure the best transition for everyone.

Forward-Looking Statements
This news release contains certain statements that may be considered forward-looking statements that reflect the opinions or current expectations of Colabor Group Inc. regarding its performance, business operations and future events. . Such statements reflect the risks, uncertainties, assumptions and analyzes of our liability structure and available alternatives set out in our annual information form under Profile on SEDAR (www.sedar.com). affected by Therefore, these statements are not guarantees of future performance and actual results, realities or events may differ materially. Except as required by law, we undertake no obligation to update these forward-looking statements if management’s beliefs, estimates, opinions or other factors change.

About collaboration
Colabor is a distributor and wholesaler of food and related products serving hotels, restaurants, institutional markets (“HRI”) and retail markets (grocery and convenience stores) in Quebec, Ontario and the Atlantic. is. The Boucherville facility houses the Group’s headquarters and its sales operations. Colabor also operates other facilities in Quebec where distribution activities are conducted. Within its two business segments, Colabor offers specialty foods such as fresh seafood, meat, food and related products through its Broadline activities.

For more information:

Pierre Blanchett
Senior Vice President and Chief Financial Officer
Colabor Group Co., Ltd.
ext. 450-449-4911 1308
[email protected]
Daniel Saint Marie
Saint Marie Strategy and Communications Co., Ltd.
PR for investors
450-449-0026 extension 1180

CBJ Newsmaker

New strategic modern facility for Colabor Group, The Canadian Business Journal

Source link New strategic modern facility for Colabor Group, The Canadian Business Journal

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