From sawmills to sports teams: The rise of Amar Doman's business empire

Canada News News

From sawmills to sports teams: The rise of Amar Doman's business empire
Canada Latest News,Canada Headlines
  • 📰 PGCitizen
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

As the original Doman business was collapsing, one scion was starting a new one

Given Herb Doman’s place in B.C.’s business pantheon as a self-made lumber baron, one can be forgiven for thinking Doman Building Materials Group is a surviving part of the same Doman family empire.Amar Doman, 53, founder and CEO of Doman Building Materials and owner of the BC Lions, is indeed part of the famed Doman family. He is the nephew of Herb and Gordon Doman, and son of Ted Doman—brothers who together built Doman Industries on Vancouver Island into a billion-dollar lumber business.

The divisions include logging in Western Canada—along with road building, harvesting and trucking—Doman Lumber , Lignum Forest Products and Honsador Lumber, a lumber and building materials company with several operations in Hawaii and Oregon. Amar had already started building his own business empire at the age of 18, fresh out of high school. In a Polestar Podcast interview with Jason Boudreau of VELA Wealth, Amar said his mother, Jaswant Doman, loaned him $30,000 to buy his first lumber mill in 1988.

He went on to buy CanWel Building Materials from Canfor Corp. and Weldwood in 1999. The company was renamed Doman Building Materials in 2004, after Amar took the company public. “I still remain the sole shareholder of that business , but it was kind of a nod to my father,” Doman told Boudreau.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PGCitizen /  🏆 65. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gushue, his teams to be commemorated in GalwayGushue, his teams to be commemorated in GalwayDays after Brad Gushue&8217;s historic Brier curling victory, tributes are pouring in from around the country. But here at home, there will be a unique one. Solidifying his legendary status as an international elite curler, the St.
Read more »

What will it take for all of Ottawa's pro sports teams to thrive?What will it take for all of Ottawa's pro sports teams to thrive?The CTC has seen an influx in fans since the team was sold to Michael Andlauer in 2023.
Read more »

Gushue, Bottcher, McEwen, Dunstone the Brier’s final four playoff teamsGushue, Bottcher, McEwen, Dunstone the Brier’s final four playoff teamsBrendan Bottcher beats Saskatchewan’s Mike McEwen 9-7 for playoff win at Montana’s Brier
Read more »

Record number of Burnaby teams qualify for VEX robotics worlds in TexasRecord number of Burnaby teams qualify for VEX robotics worlds in TexasThree robots designed and run by students in the Burnaby school district's mechatronics and robotics program at Alpha Secondary School have earned a trip to Dallas, Texas next month for the VEX Robotics world championships.
Read more »

Gushue, Bottcher, McEwen, Dunstone the Brier's final four playoff teamsGushue, Bottcher, McEwen, Dunstone the Brier's final four playoff teamsREGINA — Brendan Bottcher shortened his road to the final of the Canadian men's curling championship, but not without drama.
Read more »

Gushue, Bottcher, McEwen, Dunstone the Brier’s final four playoff teamsGushue, Bottcher, McEwen, Dunstone the Brier’s final four playoff teamsTeam Manitoba's Matt Dunstone defeated Team Manitoba's Reid Carruthers to eliminate the Manitoba champions.
Read more »



Render Time: 2025-02-21 01:38:56