FOLLOWING Dr Dhiru Tanna’s retirement as executive chairman on April 30, Blue Power Group Limited will be adding a senior executive to its board in short order.
This was announced by Major Noel .
Blue Power is importing lumber and plyboard for sale to Lumber Depot.
It is seeking to increase revenues by recovering CARICOM markets lost in 2019 when its certificate of origin was cancelled. Exports to those markets constitute 20 per cent of sales. Blue Power is also looking to the US.
Previously a division of Blue Power, Lumber Depot Limited acquired the assets and liabilities from Blue Power in August 2019. It later listed on the Junior Market of the Jamaica Stock Exchange (JSE).
Lumber Depot operates a full‐service hardware store in Papine that serves the needs of large and small‐ scale building contractors, as well as homeowners doing construction projects, renovations and repairs.
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