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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.

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.

 
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