Waiward Industrial LP was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2021 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth. Now in its 28th 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 yet again continued its progressive growth orientated business practices during these unprecedented times that the pandemic has brought over the past year. This achievement is showcased with the addition of a new Peddibot to the fabrication shop, the business Waiward has maintained and acquired, and the relationships Waiward continues to strengthen and build with their clients and partnerships.
“Once again, we are proud to receive this designation. It demonstrates our commitment as team and the continued growth and strength at Waiward. This year brought change and disruption that we were not expecting and stayed true to our core values, as a team and embraced it. I commend our team at Waiward for their continuous hard work and appreciate every contribution that is made.” states Andy Brooks, President and CEO of Waiward Industrial LP.
“To become a Best Managed Platinum Club winner is nothing short of remarkable. Their continued adaptability in an era of uncertainty sets the standard for how to overcome new barriers and demonstrate resilience at the highest levels,” said Peter Brown, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies Program. “This year’s Platinum Club winners are the Canadian cornerstone for outstanding business in 2021.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2021 Best Managed companies share commonalities that include (but are not limited to) enabling a remote workforce, making employee health a top priority, acting with an increased sense of purpose and social responsibility, and a significantly heightened focus on cash flow.
“CIBC is proud to be a sponsor of Canada’s Best Managed Companies, which celebrates the tremendous achievements of our country’s leading organizations across a wide array of industries”, said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “And in light of this past year, these winners were not only able to weather the immediate challenges of the pandemic, but in this new disruptive environment were able to set a course for future growth and investment.”
2021 winners of the Canada’s Best Managed Companies award will be honoured at a virtual gala. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.
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.