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Corporate Overview

 

The Lounsbury legacy in New Brunswick dates back to 1878. From our origins in Miramichi, Lounsbury has successful retail operations in eight cities and towns in New Brunswick, covering the entire province from north to south. Lounsbury's largest presence is in Moncton, the location of its home office. Lounsbury's greatest accomplishment is perhaps that we have grown our business in a diverse environment to bilingual communities with differing socio-economic demands. Lounsbury Group employs over 350 employees in its four General Motors dealerships, two heavy-duty truck dealerships, five home furnishing stores and our own independent leasing company. The principals are the owners of the company, and bring enthusiasm, experience and diversity to ensure a successful business climate permeates the organization. This structure fosters enthusiastic debate with respect to business issues ultimately leading to more thorough decisions for the business.

 

The Lounsbury name has universal awareness in the region and we have developed a reputation which is synonymous with exceptional quality and service. We are a company which has rejuvenated itself continuously to remain leaders in our respective businesses.

 

The benefit of our legacy and current presence is that our network of operations covers the region and our corporate goodwill has enabled us to develop strong relationships in the communities we serve.

 

  • Lounsbury Automotive Limited
  • Lounsbury Heavy-Duty Truck Limited
  • Lounsbury Leasing Limited
  • Lounsbury Furniture Limited

Lounsbury Company Limited

 

Lounsbury Company Limited is a privately held holding company which provides management services such as treasury and banking, procurement services, human resource and benefits administration and information technology services to the operating companies. This allows the operating units to focus on customer relationships and growing sales. These functions are critical to the success of any business and are often a distraction to a start-up. We see this as a significant competitive advantage to our proposal.

 

The officers, directors and key managers have a vested financial interest and personal commitment to the success of the group.

 

Lounsbury Automotive Limited

 

Lounsbury Automotive Limited is the operating company for General Motors dealership in New Brunswick. Our relationship began in 1915 when we became the Chevrolet dealer for the company's whole territory. We are the largest GM dealership group in Maritime Canada with dealerships in Moncton, Miramichi, Bathurst and Dalhousie.

 

This automotive company is the primary contributor to the group's sales.

 

Lounsbury Heavy-Duty Truck Limited

 

Lounsbury Heavy-Duty Truck Limited is the operating company for the Volvo/Mack line of heavy-duty trucks. Our success as a Volvo dealer in Moncton resulted in us being awarded the Mack franchise in 2002 and led to a successful expansion into the Fredericton market. Several of the leading transportation companies in Atlantic Canada are among our customers. We are a recognized leader within the Volvo/Mack dealer network and have received several acknowledgements and awards nationally.

 

Our two dealerships are located in Moncton and Fredericton. 

 

Lounsbury Leasing Limited

 

Lounsbury Leasing Limited is the operating company for our independently owned leasing company.

 

This company is based in Moncton and provides a full range of leasing and financial service to our automotive and truck customers. The need for this service was identified as a key strategic component for growth and focuses upon the luxury segment which we could not access through or Chevrolet product mix. Our primary clients are among the region's financial elite, several of whom have chosen BMW.

 

We see this as a competitive edge in dealing with our customers' desire to be a placed in a luxury-class vehicle while dealing with their chosen supplier. Our customer base is region wide and covers both linguistic markets, making it an ideal target market for the new BMW/MINI dealership.

 

Lounsbury Furniture Limited

 

Lounsbury Funiture Limited is the operating business for our independently run furniture stores. Our five locations throughout the province are in Moncton, Sussex, Miramichi, Bathurst, and Caraquet.

 

Today our upscale stores carry a complete array of home furnishings and include such brands as KitchenAid, Sklar Peppler, Broyhill, La-Z-Boy, Frigidaire and Hitachi.


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