Fenplast Wins the Gold Award for Best Managed
Companies in Canada
8, 2018 – Due to its outstanding business performance, Fenplast was the winner
of the Best Managed Companies program for the first time in 2014 and has successfully
retained its title, achieving Gold Recognition in 2018. Sponsored by Deloitte,
CIBC, National Post, Queen's School of Business and MacKay CEO Forums, this
seal of excellence is Canada's top business award. The Best Managed competition
recognizes Canadian-owned and managed companies with revenues exceeding $10
million for sustained growth, financial performance, management practices and
not just about financial performance," said Peter Brown, Partner,
Deloitte, and Coleader of the Best Managed Companies Program in Canada. The
ingredients of success also include business performance and sustained growth.
It requires determination and commitment on the part of the entire
nomination is very prestigious in my eyes since this competition is nation-wide.
This is a great way to showcase our organizational culture and the hard work of
all our staff who are the secret to Fenplast's success. The challenge now is to
continue to improve our business practices so we can maintain these honours in
the long term," said Jean Marchand, President of Fenplast.
Founded in 1989, Fenplast is a leader in window and door manufacturing
in Quebec. Located in Candiac, the company now has a major distribution network
of over 80 specialized retailers. Having fully integrated manufacturing
processes is what sets Fenplast apart from the competition.
The company continues to grow and now employs 350 people dedicated to creating
incredible products in terms of quality and energy efficiency. Visit www.fenplast.com.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies Competition continues to be
the mark of excellence for Canadian-owned and managed companies with revenues
over $15 million. Every year since the launch of the program in 1993, hundreds
of companies have competed in a rigorous and independent process that evaluates
their management skills and practices. The awards are granted on four levels:
1) Best Managed in Canada winner (one of the new winners selected each year);
2) Requalified member (repeat winners who have retained the Best Managed
designation for two additional years, subject to annual operational and
financial review); 3) Companies winning in the Gold Standard category (after
three consecutive years of maintaining their Best Managed status, these winners
have demonstrated their commitment to the program and successfully reapplied
for the designation for four to six consecutive years; 4) Platinum Club member
(winners who maintain Best Managed status for a minimum of seven consecutive
years). Program sponsors are Deloitte, CIBC, Canadian Business, Smith
School of Business, the TMX Group and MacKay CEO Forums. For more information,
visit www.bestmanagedcompanies.ca .
Arbour, Marketing Director