March 19, 2018 – For the 25th year, Deloitte announced the winners of its Canada’s Best Managed Companies awards program (2018), recognizing best-in-class Canadian companies that are both privately owned and managed, with annual revenues over $15 million. And the list of honorees from Canada’s electrical industry continues to grow!

“This year, investments into leadership development and managing talent was a key trend among Best Managed companies,” said Lorrie King, co-leader of the awards program. “Best Managed companies truly and authentically recognize the significance of their people—and acknowledge that their people help differentiate them from their competitors in the marketplace.”

“Standard is continually working on its people development, because we strongly believe that they are the key to our success,” said David Nathaniel, CEO of Standard. “We are especially proud to be part of the Best Managed Companies in Canada because it represents Standard’s effort to put its people first.”

“At Electrozad, we have placed a strong focus on short- and long-term business strategies, and we strive to remain adaptive to an ever-changing industry,” said Bill Smith, Electrozad president. “Every member of the Electrozad Team has been instrumental in our success and we’re committed to building for the future.”

“The company is guided by our deep commitment to a strategic plan focused on three key elements: operational excellence, the introduction of innovative products and bold growth objectives,” said Stelpro president Yves Chabot.

“This year’s winners combine bold and inclusive leadership with a keen ability to leverage a leading trend or competitive edge to meet the clients’ needs,” said Dino Medves with CIBC, a sponsor of the program. “Their success demonstrates what it takes to make a difference both inside and outside their companies.”

Congratulations to the following…

Entering the Best Managed winner’s circle for the first time is:

• Electrozad Supply Co. Ltd.

Among the Best Managed winners—those who have re-applied and successfully retained their designation for two additional years:

• Daltco Electric
• Powerline Plus Ltd.
• Source Atlantic

Among the Gold Standard winners—those who have successfully retained their award for 4-6 consecutive years:

• Gerrie Electric Wholesale Ltd.
• Houle Electric
• K-Line Group of Companies
• Mircom Group of Companies
• Stelpro Design Inc.

Among the Platinum Club members—those who have maintained their Best Managed status for 7 or more years:

• B.A. Robinson Co. Ltd.
• Deca Cables
• E.B. Horsman & Son
• E.C.S. Electrical Cable Supply Ltd.
• Groupe Deschênes Inc.
• Ideal Supply Inc. (Groupe Deschênes Inc.)
• PTI Group of Companies
• Rex Power Magnetics
• Standard Products Inc.