Client Update

Dear valued stakeholders, 

 

We are excited to provide you with an update on the initiatives outlined in our previous memo from April 2022. 

 

  1. The capital raise has been successfully completed and provided the liquidity injection we needed to process, produce and deliver close to 100% of the remaining orders pending from the supply chain backlog.  We apologize to our clients who were forced to look elsewhere during this tumultuous stretch and look forward to the opportunity to regain your trust on future requirements.

  2. We have taken this time to diversify, expand and strengthen relationships with trusted and new suppliers.  By doing so we have accomplished our goal of reducing our lead times from 12+ weeks to 4 to 8 weeks.  We are also enthusiastic to share the new capabilities our company has added to our product mix through these existing and new affiliations.

  3. Due to the economic uncertainty facing the country, our industry and the commercial real estate market, we have decided to execute our relocation through a phased approach. We have completed the first step by moving our company HQ’s to 1315 Pickering Parkway, 3rd Floor.  Pickering, ON.  L1V 7G5.  In addition to serving as our office location, it is also our mailing and billing address.  As part of this move, our company can no longer be reached at our old phone number.  We are available through email as always at boxes@cardinalboxes.com.  Our client service team can be reached through their cell numbers Wanda (289-314-9052) & Lori-Ann (289-314-7833). 

   

We also recently acquired shared warehouse space at 25 Roybridge Gate, Woodbridge, ON L4H 0J2 which is our shipping address, safely houses our tooling and plates, and is the beginning of our inventory management service along with light fulfillment and production activities.  

Sincerely,

 

Brent Hughes, CEO

416-568-3813

brent@cardinalboxes.com