In This Issue
"We must learn to live together as brothers or perish together as fools." Martin Luther King, Jr. (1929 - 1968)
IRLY opens three new stores

Strong dollar of limited help to manufacturers
TORONTO - Recent gains in the Canadian dollar have resulted in rising pressure from retailers on manufacturers and vendors to lower prices, according to Vaughn Crofford, president of the Canadian Hardware & Housewares Manufacturers Association (CHHMA). That pressure, he says, was the motivation for a CHHMA survey and position paper that details rising costs manufacturers and importers have faced over the last few years. "Retailers were pressuring manufacturers to come up with reductions and even in some cases rebates, so we undertook the survey to determine what other factors came into play," says Crofford. Survey responses indicate that few manufacturers or importers have introduced general price increases since 2005 or earlier. During the same period, the report notes, vendors have been forced to absorb costs and maintain or lower pricing. Fortunately, says Crofford, those challenges have been offset by strong sales over the last five years. While the rising Canadian dollar has provided good news, manufacturers say the impact may be less than what consumers expect, and that any change will take several months, as current inventories travel through the system. Manufacturers also say that, while the Canadian dollar is doing well against its U.S. counterpart, costs related to offshore facilities are also rising. The price of raw materials continues to rise, as well. For example, oil and steel experienced increases in 2006 of about 20%. Meanwhile, freight climbed on average 17% in 2006 and another 13.5% in 2007. Over the last two years, labor and staffing costs have increased an average of 7.4% for Canadian companies in the hardware and housewares business, while employee benefits and group insurance rates rose 6.1% in 2006 and another 8.3% in 2007. Other rising costs identified in the report include insurance, up an average of 16.2% in the last two years, as well as property taxes, utilities, environmental stewardship fees, and service and merchandise resets. "The strong dollar is eating up some of those increases," says Crofford, "but manufacturers and brand owners had been seeing shrinking profit margins for some time, and it was getting pretty serious."DRIcore signs on with renovation show

Home Depot showcases spring lines for media

Caruk launches homebuilding boot camp

Classifieds
BRANCH MANAGER
Since 1959, Canadian owned Mitten Inc. has been an industry leader in quality vinyl siding exterior home products. With branches across Canada serving the siding industry and retail lumberyards, we are currently seeking a Branch Manager for our Winnipeg location. Responsible for increasing market penetration, overseeing other sales professionals, administration and warehousing activities in your branch, you will ideally be an experienced, successful sales professional with supervisory and branch management experience in a related industry. Mitten provides a positive work environment with competitive compensation and benefits. If you would like to join a Canadian success story that believes in the value of its workforce, please send your resume stating salary expectations in confidence to: Ms. Connie Barnard, Human Resources Manager, 70 Curtis Avenue North, Paris, Ontario N3L 3T2 or fax: 519-442-3214 or email: connieb@mittenvinyl.com Mitten Inc. hires on the basis of merit and we encourage all qualified persons to apply however, only those selected for an interview will be contacted. No telephone calls please. Deadline for submission of resumes is October 15, 2007.
National USA Sales Director
Colonial Elegance Inc., provides Balustrade, Doors and Millwork Specialties to many Home Improvement Retailers and Big Boxes in Canada and USA. The company is looking for a highly motivated result-driven National Sales Director, based in Montreal, to complement the present sales team. The successful candidate will be bilingual, have significant retail experience in the building supply industry and excellent communication and organization skills to manage our major USA customers and develop this specific market. Responsibilities: - Manage specific USA account relationships - Identify growth opportunities and facilitate plans to execute growth goals - New business development Qualifications: - A minimum of 5 years experience in the Home Improvement industry - Excellent ability to build relationships with dealers - Comfortable with travel in the USA - Motivated and exposure to national accounts. Prior experience in US market is desirable. - Strong analytical and presentation skills with a creative mind Salary is commensurate with qualifications and experience. All applications will be held in the strictest of confidence. Please email your resume to bnadeau@colonialelegance.com.Marketplace
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