Celebrating the Recognition as Named One of Canada’s Best Managed Companies
March 05, 2020
Toronto,ON –March 5,2020 – Waiward Industrial LP was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2020 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition. Now in its 27th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.
Waiward has stable yet progressive growth orientated business practices and this award recognizes the tremendous commitment and hard work of our entire team.
“We are very proud to receive this prestigious designation. This award recognizes our commitment to our customers and to each other. I’m very appreciative and humbled by our team who have been through some difficult change and are recognized for their collective contribution. I’m confident we will continue to excel in the future.” states Andy Brooks, President and CEO of Waiward Industrial LP.
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2020 Best Managed companies share commonalities that include (but are not limited to) a clear and concise strategy, capability to invest in R&D, tools and proprietary equipment, and a strong emphasis on corporate social responsibility.
“While Canada’s Best Managed Companies recognize uncertainty on the economic horizon, their focus hasn’t wavered and they haven’t been discouraged; they are relentlessly focused on growing their business to new heights and investing in the future,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “The contribution these companies provide to Canada cannot be overstated. Every year, Best Managed winners are raising the bar of excellence in Canadian business.”
Waiward Industrial LP is a 2020 recipient of the Canada’s Best Managed Companies Platinum Club designation, having retained its Best Managed designation for more than seven consecutive years.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $25 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.
For more information, visit www.bestmanagedcompanies.ca.
About Waiward Industrial LP
For almost 50 years Waiward has successfully operated as one of the largest fabrication facilities in Canada. Today, we are more than steel. We continue to grow and diversify to better serve the needs of our customers in the Industrial Market. Waiward Industrial offers a comprehensive range of construction, maintenance, fabrication and engineering services to deliver projects safely and efficiently from concept through to completion. Our commitment to our customers and partners remains our highest priority as we work to be their top choice of Canadian construction companies.
For more information, please contact:
bestmanagedcompanies@deloitte.ca
www.bestmanagedcompanies.ca
and/or
Melanie Hagens, Executive Assistant at melanie.hagens@waiward.com
