Business
HDI Provides Business Update Regarding COVID-19
HDI Provides Business Update Regarding COVID-19 Canada NewsWire LANGLEY, BC, Apr...
About this update from Adentra Inc
[{"type":"text","content":"\n\n\n\nHDI Provides Business Update Regarding COVID-19\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLANGLEY, BC, April 2, 2020\n\n\n\nLANGLEY, BC, April 2, 2020 /CNW/ - Hardwoods Distribution Inc. (\"HDI\" or the \"Company\") (TSX: HDI) provided an update today on business conditions and the Company's response to the COVID-19 pandemic.\nIn recent weeks the impacts of COVID-19 have grown both domestically and abroad, and accordingly the Company has taken actions to protect its employees, operations, and financial position. \n\"The health and safety of our employees is our primary concern and we have instituted a number of policies and procedures to ensure a safe work environment,\" said Rob Brown, President and CEO. Actions taken include detailed cleaning and disinfecting procedures, social distancing protocols, suspension of air travel, continuing education for employees designed to minimize the chances of infection and spread of the virus, increased work-from-home procedures, and contingency plans in the event a COVID-19 diagnosis is found in one of our facilities. \"We took action early on to protect our over 1,350 employees and I am proud of the work we have done in this area,\" commented Mr. Brown.\nFrom an operations perspective, the Company meets the U.S. federal definition of an essential business and as a result the Company, and most of its suppliers and customers, have generally remained open during the COVID-19 pandemic. \"We provide services that are essential to the support and maintenance of critical infrastructure, and take seriously our responsibility in these times to continue to operate,\" said Mr. Brown. \"A majority of our suppliers and customers continue to operate as well, and demand in March was strong,\" commented Mr. Brown.\nAs this pandemic continues it is possible that even essential businesses may see a disruption in their operations. \"We maintain a North American wide footprint of 66 locations, have no significant supplier or customer concentration, and our products are used in diverse end markets including residential,...