RE: Tri-Mach Group named one of Canada’s Best Managed Companies
Elmira, ON; May 10, 2022 — Tri-Mach Group (TMG) was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2022 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $50 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
“Receiving this award is a testament to our continual focus on skilled trades and the importance of developing best-in-class skilled tradespeople in Canada” said Krystal Darling, Chief Executive Officer of TMG. “Our team is made up of incredibly diverse talent and every individual on our team has contributed to our success. The culture that we, as a team, have nurtured over the past years is truly like no other, and we are grateful for the opportunity this award gives us to share our story with the world”.
Award applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2022 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies, and doubling down on accelerated digitization.
“Our commitment to teamwork and innovation is what sets us apart from our competitors. We are constantly looking to improve and set a new standard for manufacturing processes, by investing in our people and seeking feedback wherever possible” said Ryan Martin, Chairman of TMG. “We are honored to be selected as a winner and are excited about the future opportunities this accolade will bring to our current companies, as well as any companies we welcome to our group in the future.”
Now in its 29th year of operation, 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. The Best Managed program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.
“It has become increasingly important for businesses to foster collaborative workplaces where employees are empowered to make valuable contributions to their organizations,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed program. “This year’s Best Managed winners embraced a people-first mentality, enabling employees to cultivate important capabilities and integrating diversity, equity, and inclusion initiatives into their core strategy. By prioritizing employee wellbeing and championing professional development, these companies have been able to harness an engaged talent pool to explore new ventures and set the course for continuous improvement and growth.”
2022 winners of the Canada’s Best Managed Companies award will be honoured at galas across the country. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders.
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.