Tim Hortons opens coffee and doughnut shop at military base near Fort Knox
TORONTO - Tim Hortons Inc. (TSX:THI) is setting up shop near
Fort Knox, home to U.S. government's main gold storehouse.
The king of Canada's coffee and doughnut industry says the new
24-hour Tim Hortons in Kentucky will be its first on the grounds of
a U.S. military facility. It's also another location the company can
add to the growing roster of its restaurants operating near popular
tourist destinations in the United States.
Fort Knox is a tourism hot spot because of its fame as home
to one of the world's largest deposits of gold bars and other
bullion. Tim Hortons has recently been growing its presence
aggressively in these types of locations, opening several
stores in New York City last summer.
The Ontario-based company has about 500 stores in the United
States and about 3,500 locations in total, mostly in Canada. The
company's U.S. chief operations officer says he hopes the
latest deal will be the first of a growing relationship with the
U.S. army and air force services.
Tim Hortons already has stores on seven Canadian military
bases and also in Kandahar, Afghanistan.