BC Textile Innovations Inc. and BDC: Making a profitable move BC Textile Innovations, a Port Coquitlam, British Columbia wholesale distributor of institutional linen, uniforms and related products had outgrown its warehouse facilities. After seven years in business, the company had gotten to the point where it needed more space for additional inventory if it was to continue to grow.
As an interim measure during a very busy year, BDC helped the business secure additional warehouse space. At the same time, the company was looking for a building that would house its entire operation under one roof. BC Textile Innovations was able to locate a 6,200-square-foot building that provided the extra space needed to promote greater efficiencies.
BDC worked with the company to secure long-term financing on the new building and provided business coaching. “Our BDC business coach helped us better understand the overall operations of the business,” says President and CEO James Taylor.
The move to the new location has made a significant difference for BC Textile Innovations. With extra warehouse space, the company can now purchase more inventory. Having one—rather than two—locations has resulted in improved efficiencies and better profit on sales, and the new office space can accommodate a proper showroom and areas for meetings with staff and clients.
The business was able to hire two new employees and is now forecasting a 15% increase in sales. “Everyone at our local BDC office has been extremely helpful,” adds Taylor. “BDC helped us on the path to greater growth and profitability.”