RE: Tri-Mach Group Named one of Canada’s Best Managed Companies for Second Consecutive Year
Elmira, ON; May 9, 2023 — For a second consecutive year, Tri-Mach Group (TMG) was recognized for our industry-leading performance, global business practices, and sustained growth by receiving the prestigious 2023 Canada’s Best Managed Companies award.
Celebrating its 30th anniversary, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.
“Celebrating our successes is not just about recognizing our accomplishments, but also acknowledging the hard work, dedication, and resilience of the people who made it possible” said Krystal Darling, Chief Executive Officer of TMG. “Together, we have faced challenges head-on, persevered through tough times, and remained steadfast in our pursuit of excellence. This award is a direct indication of the strength and spirit of our team, and I am proud to stand among them as we continue to achieve great things”.
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.
Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
“Being recognized for a second year is a testament to our unwavering commitment to excellence, innovation, and growth” said Ryan Martin, Chairman of TMG. “We are humbled and honored to be part of this esteemed community of exceptional organizations, and we pledge to continue driving positive change and delivering value to our customers and stakeholders”.
The 2023 cohort of Best Managed companies share common themes such as having a peoplecentric culture, targeting effective ESG strategies, and accelerating operational digitization.
“This year’s Best Managed winners displayed courage, resourcefulness, and creativity as they explored new avenues for advancement,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “We’re extremely proud to recognize the impressive achievements of companies such as TMG in this particularly rapidly evolving business world. Their successes demonstrate the importance of strong leadership and forethought in driving long-term growth.”
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 $50 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, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
About Tri-Mach Group
Tri-Mach Group (TMG) is a collection of elite trade companies, with each unit specializing in providing the very best products and services to essential industries. Our customers create many of the food, beverages, and medication you consume every day, and they rely on us to enhance their operation. Our reputation for top-quality workmanship, commitment to safety, technical knowledge, and over 35 years of experience are the keys to our success, resulting in our remarkable growth over the past years. Each division within our group of companies works alongside one another to provide a single source for customers to elevate their operation, fulfilling their fabrication, millwrighting, electrical, process piping, machining, and automation requirements. For more information, visit www.tri-machgroup.com.