Commercial

Cougar Sales and Rental Inc. was founded in 1968 by R.J. Schmitt and Jim Holton primarily as a concrete sawing and drilling company. “We evolved into the sales and rental end of that type of work, and obviously have expanded into numerous other product lines since then,” Vice President Marty Schmitt, R.J.’s son, acknowledges. 

Many construction mistakes can be hidden from the eye. Faulty pipes that lay below the foundation or insufficient insulation tucked behind a wall can cause issues in the long run, but may not be readily apparent when the contractor hands over the owner’s keys, not so with surface interior work. Which is why the painting contracting company Ascher Brothers Co. Inc. has one rule when it comes to mistakes – don’t make any. 

More than just supplying construction materials, Universal Builders Supply Inc. (UBS) invents systems that become industry standards. The now ubiquitous sidewalk bridges used in all big cities to protect pedestrians from falling debris during high-rise construction originally were developed by UBS.

Director of Business Development Tod Wadsworth attributes the more-than-35-year longevity of Ralph L. Wadsworth Construction Co. LLC (RLW) – founded by his father in 1975 – to the work ethic he passed down to his four sons who now manage the company. He cites “hard work and commitment by all our people and loyalty from a lot of staff willing to work to do whatever it takes to get the job done – a lot of field experience.”

Just like owners and subcontractors alike have learned to rely on On Site Management (OSM) Inc. during construction of projects, the company’s ownership had to learn to delegate, as well. It’s a good problem to have, though, since it means OSM continues to grow despite the recession. Fortunately, the BouMaroun brothers – Aziz, Shaheen and Charles – realize the key to success is to maintain a reliable work force.

In the real estate investment advisory and property management industry, innovative thinking has a direct correlation to market success, and Morguard Investments Ltd. is proof of that.Since it was founded in 1975, the Mississauga, Ontario-based company has grown to become one of Canada’s leading real estate investment consultants and property managers with more than $9 billion in assets under its supervision and more than 40 million square feet of office, industrial, retail, residential and mixed-use properties in its portfolio. The company employs more than 800 individuals in nine offices across the country.

The construction industry may have taken a hit from the recession, but Kaback Enterprises continues to survive and thrive, Vice President and Partner Vance Schipani says. He notes that the 63-year-old firm has stayed strong by providing top service and nurturing a base of loyal clients.

One of Canada’s largest retail property owners and developers is expanding its footprint outside of North America while maintaining its strong presence in its home base. Montreal-based Ivanhoe Cambridge Inc. manages about 80 shopping centers and more than 50 million square feet of retail space in Canada, Latin America, Europe and Asia. 

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