Winners of 2011 Canada’s 50 Best Managed Companies announced
By Alyssa Dalton
(Updated March 23, 2012) March 19, 2012 – Deloitte has announced the 2011 winners of Canada’s 50 Best Managed Companies – those who “improved efficiencies, looked for new opportunities, innovated and grew”. Winners will be awarded with at the annual gala and symposium next Tuesday (March 27) in Toronto, Ont.
“While Best Managed Companies recognize uncertainty on the economic horizon their focus has been squarely on growing their businesses and identifying new income streams,” said John Hughes, Deloitte partner, Private company services, and national leader of Canada’s 50 Best Managed Companies program. “They grew through targeted spending in the form of acquisitions, enhancing their infrastructure and on product and service innovation.”
Despite economic uncertainty, the 2011 Canada’s 50 Best Managed Companies grew by 12% last year, generated over $5 billion in combined revenue and employed over 20,000 Canadians.
“These companies have proved that, even in an uncertain economy, if you are nimble enough, innovative enough and have a growth-oriented focus, there are opportunities to be found,” said Dino Medves, senior vice-president, CIBC Commercial Banking. “These companies, their executives and their employees serve as inspiring examples of what can be accomplished with a well thought out business plan, a strong team and a disciplined management approach.”
Here, then, are the 2011 winners from our electrical industry:
E.B.Horsman & Son – Surrey, B.C. – requalified
E.B. Horsman & Son has requalified as one of “Canada’s 50 Best Managed Companies” for 2010. E.B. Horsman & Son is an independently owned and operated British Columbia-based distributor of electrical supplies. Its primary customers are contractors, OEMs, industrial end users, institutions and systems integrators.
E.C.S. Electrical Cable Supply Ltd. – Richmond, B.C.
ECS Electrical Cable Supply Ltd. (ECS), established in 1984, is an independently owned distributor of wire and cable products and solutions in Canada. ECS serves the Canadian market through hubs across the country.
Hatch – Mississauga, Ont. – gold standard requalified member
Hatch supplies engineering, project and construction management services, process and business consulting and operational services to the mining, metallurgical, energy and infrastructure industries. The employee-owned multidiscipline firm has 65 offices around the world and manage programs and projects with an aggregate value of US$35 billion.
Ideal Supply – Listowel, Ont. – gold standard requalified member
Ideal Supply is a distributor of electrical supplies and NAPA Auto Parts, with its Electrical and Industrial divisions aligned with Affiliated Distributors (AD). Founded in 1926, Ideal Supply currently has 28 locations throughout central and southwestern Ontario, and in 2011, is celebrating its 85th anniversary.
Long View Systems – Calgary, Alta.
Long View is an IT solutions and services company in North America with offices across the continent. It focuses on combining business and technology in key areas such as Cloud, data centre infrastructure, user support, and IT outsourcing.
Magna Electric Corporation – Regina, Sask.
Magna Electric Corp. (MEC) is a Saskatchewan engineering, construction, field service, system integration and manufacturing firm specializing in electrical control and power distribution. MEC provides electrical consulting, manufacturing, equipment testing and commissioning services, maintenance and construction.
Standard Products – St. Laurent, Que. – requalified
Standard Products Inc. is a supplier of lighting solutions to the commercial, industrial and residential markets. Standard continually seeks out advanced lighting technologies that address market concerns. Standard has a national infrastructure of 16 sales offices and distribution centres, the latter located in Montreal, Toronto, Edmonton and Vancouver.
Studon Electric & Controls Inc. – Red Deer, Alta.
Studon Electric & Controls currently employs hundreds of “Canada’s most capable” electrical and instrumentation tradesmen, while providing a range of electrical and instrumentation products and services.
Wondering who won last year’s honours? CLICK HERE for a refresher.