Hardwoods Distribution Inc. or HDI is listed on the Toronto Stock Exchange and trades under the symbol HDI. We are North America’s largest wholesale distributor of architectural building products to the residential and commercial construction sectors.
Our Products and Services: We sell decorative surfaces and composite panels, hardwood plywood, high-grade hardwood lumber, and other architectural building products to industrial manufacturing customers across North America. We also provide custom moulding and millwork services from many of our locations, and own a sawmill and kiln drying operation in Michigan. Core to our product philosophy is the protection of the environment, which we embody by manufacturing or distributing only wood products made from legally harvested forests and meeting and or exceeding industry and government regulatory guidelines.
Our Customers: Our business serves over 35,000 customers, primarily small-to-mid-sized industrial manufacturers of cabinets, mouldings, custom finishing, home furniture, home renovations, finishing millwork for office buildings, restaurant and bar interiors, hotel lobbies, retail point-of-purchase displays, schools, hospitals, custom motor coaches, yacht interiors and other specialty areas.
Our End-Markets: We estimate that approximately half of the products we sell to industrial manufacturers end up in residential construction applications, approximately 30% in the commercial/institutional construction sector, and the remainder in other markets.
Our People: We employ over 1,100 dedicated employees and maintain a pronounced professional and entrepreneurial sales and service culture.
Our Network: We operate from 63 locations across North America with approximately 85% of our annual sales generated in the United States and 15% in Canada.
Our Strategy: As North America’s largest distributor in our industry, with an unmatched network of locations and annual sales of over $1 billion, we are focused on leveraging our size, capabilities, and strong financial position to create a world-class distribution company. Our objectives include: i) being the market leader in our products; ii) developing and expanding our product offering with high-value solutions; iii) supporting the success of our operations and our stakeholders with operational excellence; and iv) continuing to pursue acquisitions that complement our strategies.