Guardian to pull out of Canada by year end

BREAKING NEWS — Guardian Building Products Distribution Canada is pulling out of Canada. In the process, Guardian will “sell and/or liquidate our Canadian Distribution operations,” according to a letter sent yesterday to its customers and signed by district manager Mike Wilson. The company aims to complete the wind-down by December 31. “Therefore Guardian will not be participating in any future contract negotiations. We are sorry for any disruption this may cause in your business,” the letter continues.

Guardian Canada sells fibreglass insulation, roofing, house wrap and other building products through eight distribution centres across the country. It has sales of about $175 million.