Electrozad Supply named one of Canada’s Best Managed Companies
Thursday, August 30, 2018
FOR IMMEDIATE RELEASE
Windsor, ON – March 8, 2018 – Electrozad Supply Company Limited was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2018 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
Now in its 25th year, Canada’s Best Managed Companies is 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 calibre of their management abilities and practices.
Electrozad Supply was selected for their commitment to service and quality, investment into the future, adaptive business strategies, and their focus on employee development. The company was also recognized as a 2016 winner of a Windsor – Essex Chamber of Commerce Business Excellence Award. Electrozad and their dedicated staff contribute to numerous philanthropic endeavours through the Electrozad Foundation and OZAD Institute, as well as community volunteering initiatives and sponsorships.
“Best Managed winners should be extremely proud of their accomplishments,” said Lorrie King, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “The marketplace is changing rapidly, and this incredible class of companies’ commitment and entrepreneurial leadership help drive business success that is critical for the health of our economy.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2018 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.
“CIBC proudly congratulates the 2018 winners of Canada’s Best Managed Companies, who exemplify business excellence and success,” says Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “This year’s winners reinforce the significant impact that privately owned Canadian companies are making by pursuing innovation and maintaining a sharp focus on their clients.”
2018 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 11, 2018. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
“We’re honoured to have been selected for this award and recognized for business performance and sustained growth. At Electrozad, we have placed a strong focus on short and long-term business strategies and we strive to remain adaptive to an ever-changing industry. Every member of the Electrozad Team has been instrumental in our success and we’re committed to building for the future,” said William C. Smith, President of Electrozad Supply Company Limited.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.
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 $15 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, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
Electrozad Supply is the largest independently owned Electrical Distributor in Southwestern Ontario with full line stocking facilities located in Chatham, Sarnia, Windsor and two locations in London, Ontario. These facilities service and support the Automotive, Contractor, Food & Beverage, Institutional, Machine Tool, OEM, Petrochemical markets and industries.
Electrozad not only provides quality products, services and solutions, but we also offer extensive experience, flexibility, technical support, delivery, U.S border crossing services and project coordination. All of this together with prompt helpful friendly service assists our customers in achieving the best possible results and business objectives.
Electrozad’s focus is on going above and beyond expectations, providing its customers with solutions rather than just selling them a product. This value in people is not only evident in how Electrozad treats its customers, but also extends down to its relationships with suppliers and its own employees.