HBS staff purchase 50 per cent

Port Hardy Builders’ Supply has a new owner, in fact, five new owners.

  • Apr. 10, 2015 9:00 a.m.

Port Hardy Builders’ Supply has a new owner, in fact, five new owners.

According to contract salesman Mike Christianson, the store’s employees have been given the opportunity to purchase 50 per cent of the operation.

The current owners, Bruce Kehler and Tom Worth, will retain 50 per cent ownership of the business.

“There are five employees that are involved in the purchase” who will each own 10 per cent of the 50 per cent share available, said Christianson.

“By the time it is done, we will all be equal partners,” he said.

“All the employees were very excited” about the opportunity, Christianson said.

“We’re excited to get into it and it’s going to be great as the years go by as we learn to be owners and adapt to the market to meet everyone’s needs as best we can,” he said.

The sale will go through at the end of this fiscal year and will include a name change to Hardy Builders.

The news was announced at the Port Hardy Chamber’s annual general meeting and 43rd annual Business Excellence Awards at the Quatse Salmon Stewardship Centre April 1.