LEADING THE CARIBBEAN HARDWARE INDUSTRY AND FUTURE GROWTH CTL’s expansion strategy balances ambitious regional goals with pragmatic infrastructure investments, recognizing that growth must align with broader economic development across the British Virgin Islands. The company’s plans encompass physical expansion and market leadership aspirations throughout the Caribbean region. “Ideally, we will keep positioning CTL to be the number one hardware home center in not just the Virgin Islands, but most of the Caribbean also,” Thomas states. “Even though we are probably the smallest territory in the region, we still compete easily with a lot of these other outfits outside of this territory.” The Virgin Gorda expansion is CTL’s most immediate capital investment, with construction of a new facility planned to begin later this year. The project will significantly expand their presence on the island, 45 BUSINESS VIEW CARIBBEAN VOLUME 12, ISSUE 08 CTL HOME CENTER
RkJQdWJsaXNoZXIy MTI5MjAx