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Gin-Cor Recognized As One Of Canada’s Fastest Growing Companies For Third Straight Year

Thursday, September 14, 2017   (0 Comments)
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Gin-Cor Ranks No. 199 on the 2017 PROFIT 500, up an impressive 171 spots over last year, as Canadian Business unveils the 29th annual list of Canada’s Fastest-Growing Companies.

Gin-Cor, with locations coast to coast and headquarters in Mattawa, Ontario, is celebrating today  after earning a spot on one of the nation’s most prestigious business lists, and making a huge jump in the rankings year over year.

Canadian Business and PROFIT today ranked Gin-Cor, which started in Mattawa Ontario and maintains headquarters there,  No. 199 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. That’s up 171 spots from Gin-Cor’s rank of 370th on the 2016 rankings.

Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

For the 2017 rankings, Gin-Cor made the 2017 PROFIT 500 list with five-year revenue growth of 323%.

“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”

Gin-Cor President & CEO Luc Stang says it is a team effort. “We’re honoured to be on the PROFIT 500 ranking, and our success is directly related to the great team of employees that make up our workforce.”

Stang adds that 2017 was already a big year for his company, and this recognition makes it even more memorable. “In June we formed a new strategic partnership, and became an equity partner with DEL Equipment. We virtually doubled our workforce and now have presence in seven additional locations coast-to-coast, from Moncton to Vancouver.”

 

About the PROFIT 500

For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.

About Gin-Cor

With almost four decades of experience and expertise in the custom manufacturing of vocational vehicles, Gin-Cor is an industry leader known for its quality workmanship and technical innovation. Its products include dump bodies, pre-built trucks, snow and ice equipment, cranes, flat decks, roll-offs hook-lifts, van bodies and heavy haul float trailers.

In 2017 Gin-Cor formed a strategic partnership with DEL Equipment, which brings an additional 70 years of experience of truck body experience and solutions.

It has facilities in Mattawa, Carleton Place and Kingston and in recent years, acquired Durabody in Bond Head and J.C. Trailers in Keswick.

 

 

For further comment, contact:

Mike Anthony (Sofa Communications)

Gin-Cor Communications Representative

 

Office: 705-497-7632

Mobile: 705-840-3757

 


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