Latest news with #TCMH
Cision Canada
14 hours ago
- Business
- Cision Canada
Tri-County Mennonite Homes Adopts LGI Workforce Pro to Support Growth and Expansion of Long-Term Care Services Français
MONTREAL, June 26, 2025 /CNW/ - LGI Healthcare Solutions, a Canadian leader at the heart of critical healthcare infrastructure, is pleased to announce that Tri-County Mennonite Homes (TCMH), a Long-Term Care home with more than 500 employees across three divisions (Aldaview Services, Nithview Community, and Greenwood Court) has selected the LGI Workforce Pro solution to streamline scheduling, payroll, and employee management across its facilities. Recognizing that their current systems can no longer meet the growing demands of their organization, TCMH is transitioning to the integrated LGI Workforce Pro platform to effectively support its expanding operations—including a major long-term care redevelopment and expansion project at its Nithview Community campus. The new six-storey, 160-bed home, slated for completion in 2027, represents a $55 million investment in the future of care for Wilmot Township and will generate more than 100 new jobs in the region. The cloud-based LGI Workforce Pro platform centralizes HR, scheduling, time & attendance, payroll, and more—enabling administrators to eliminate redundancies, gain actionable insights, and optimize staffing across their care network. As TCMH scales its services and workforce, the platform provides the flexibility and visibility required to maintain operational efficiency while supporting quality resident care. "We're excited to partner with Tri-County Mennonite Homes on their journey towards operational scalability," said Michel Desgagné, President and CEO of LGI Healthcare Solutions. "The LGI Workforce Pro solution will provide them with a unified platform, helping them eliminate inefficiencies and foster a more cohesive, streamlined management system." Steven Harrison, CEO of Tri-County Mennonite Homes, added, "As we continue to expand our services and grow our team — including the Nithview Community redevelopment — it's essential that we have the right systems in place. The LGI Workforce Pro platform gives us the flexibility and efficiency we need to scale our human capital operations, ensuring that both our staff and residents benefit from improved support and care outcomes." About Tri-County Mennonite Homes With a history spanning over 50 years, TCMH has deep roots in the community, offering services in a campus of care model — from independent housing to assisted living and long-term care. We also offer services for adults with developmental disabilities, including supported independent living, group homes, and day programs. We are located in New Hamburg and Stratford, Ontario. About LGI Healthcare Solutions LGI Healthcare Solutions provides healthcare facilities with a comprehensive portfolio of software solutions that are vital to their critical infrastructure, offering reliable support for essential daily operations. Deeply rooted in Canada for over 40 years, we also serve healthcare facilities internationally, including in the United States, Australia, the United Kingdom, and France.
The Star
01-05-2025
- Automotive
- The Star
Tan Chong bets on innovative EVs to navigate shifting market
The group plans to deepen its partnerships with global brands like Nissan and Renault to develop and distribute EV technologies. PETALING JAYA: Tan Chong Motor Holdings Bhd (TCMH) is poised to navigate the evolving global market with a forward-looking strategy rooted in innovation, sustainability, and regional expansion. As the automotive industry undergoes a transformative shift, with a focus on electric vehicles (EVs), the group's 2024 annual report highlights the rising prominence of EVs in Malaysia and globally – a trend it is keen to capitalise on. Moving forward, TCMH aims to bolster its EV portfolio by introducing innovative models tailored to both passenger and commercial segments, in alignment with Malaysia's push for electrification. The group also plans to deepen its partnerships with global brands like Nissan and Renault to develop and distribute EV technologies. Therefore, its assembly plants in Malaysia and Vietnam will play a pivotal role in manufacturing EVs that meet stringent quality and environmental standards. By leveraging its Serendah and Da Nang facilities, TCMH intends to scale up production to meet growing demand in South-East Asia, particularly in markets like Thailand, Myanmar, and Cambodia. TCMH is also exploring mobility-as-a-service solutions, such as car subscription models, to cater to changing consumer preferences. This initiative, already part of its business portfolio, is expected to expand, offering flexible and sustainable transport options to urban consumers across its operational regions. With a presence in Malaysia, Vietnam, Cambodia, Laos, Myanmar, Thailand, and Taiwan, TCMH pointed out that its strategic roadmap includes further expansion into Indo-China and other emerging markets. This is evidenced by the group's establishment of a regional operating headquarters in Thailand and assembly plants in Vietnam and Myanmar. In the more immediate term, TCMH plans to strengthen its sales and distribution networks in these markets, focusing on both completely built-up (CBU) and locally assembled vehicles. The group said its appointment as the sole distributor for Nissan vehicles in Myanmar, along with its investments in after-sales service centres such as the E-Garage in Cambodia, will be scaled up to enhance customer experience and brand loyalty. TCMH's robust strategies could prove valuable going forward, as the group experienced a challenging 2024 – reporting a 17.8% decline in revenue to RM2.08bil and a net loss after tax of RM214.2mil. Reiterating its robust financial foundation, it reported total equity of RM2.52bil and cash reserves of RM545.5mil, while highlighting its commitment to delivering value, as shown by the interim dividend of one sen per share paid in June 2024. TCMH's focus on assessing financial performance in the new fiscal year suggests a cautiously optimistic approach to rewarding investors. It added that the proposed renewal of authority for share buy-backs and recurrent related-party transactions, as outlined in the 2024 AGM notice, reflects its strategy to enhance shareholder value while maintaining operational flexibility. 'Improving operational efficiency remains a top priority for the group. We streamline processes at all our plants to lower production costs, while maintaining high quality standards. 'As we continue to optimise our supply chain to ensure timely deliveries and cost-effectiveness, we utilise digital tools to enhance inventory management and dealership operations to increase overall efficiency,' said TCMH president Datuk Tan Heng Chew in the report.
