The 2015 PROFIT 500: Canada’s Fastest-Growing Manufacturing Companies

Making things is still a great way to make money. Meet some of the industry’s most successful businesses

 
Written by PROFIT Staff

The rumours of Canadian manufacturing’s demise are greatly exaggerated. Though the industry has faced significant challenges from abroad and indifferent demand at home, there’s cause for celebration still. The sector accounts for fully a fifth of the 2015 PROFIT 500 Ranking of Canada’s Fastest Growing Companies, including the #1 spot and two of the top five positions.

The 98 manufacturing firms on this year’s ranking grew their revenues an average of 895% between 2009 and 2014, creating an additional 4,581 full-time equivalent (FTE) jobs over that period. Collectively they employed 7,637 full-time and 676 part-time employees in 2014.

Here is the complete list of the Canada’s Fastest Growing Manufacturing Companies for 2015.

1. Western Manufacturing

PROFIT 500 Rank: 1
Head Office: Hythe, Alta.
Five-year revenue growth (2009€“2014): 25,719%
Chief Executive(s): Lonny Thiessen
FTE Employees: 120

Manufactures and sells industrial equipment for the energy sector

2. Kelso Technologies

PROFIT 500 Rank: 3
Head Office: Delta, B.C.
Five-year revenue growth (2009€“2014): 13,057%
Chief Executive(s): Richard Lee
FTE Employees: 56

Designs and sells rail tank car components

3. Ontario Solar Provider Group

PROFIT 500 Rank: 8
Head Office: Toronto
Five-year revenue growth (2009€“2014): 5,255%
Chief Executive(s): Christian Wentzel & Sebastian Seyfarth
FTE Employees: 45

Development and installation of commercial and large-scale solar projects

4. THREEOFOUR

PROFIT 500 Rank: 19
Head Office: Milton, Ont.
Five-year revenue growth (2009€“2014): 3,164%
Chief Executive(s): Allan Hrynyshyn
FTE Employees: 15

Designs and manufactures conveyors and spiral freezing systems

5. Life Science Nutritionals

PROFIT 500 Rank: 24
Head Office: Burlington, Ont.
Five-year revenue growth (2009€“2014): 2,781%
Chief Executive(s): Peter Kreutzner
FTE Employees: 51

Manufactures gummy vitamins. Recently acquired by Santa Cruiz Nutritions

6. Backstage Commerce (BSC)

PROFIT 500 Rank: 26
Head Office: Saint-Laurent, Que.
Five-year revenue growth (2009€“2014): 2,624%
Chief Executive(s): Jonathan Morello
FTE Employees: 19

Manufactures and imports professional hair products

7. Brave Control Solutions

PROFIT 500 Rank: 30
Head Office: Windsor, Ont.
Five-year revenue growth (2009€“2014): 2,470%
Chief Executive(s): Brent McPhail
FTE Employees: 38

Designs, programs, configures and supports manufacturing equipment

8. Delviro Energy

PROFIT 500 Rank: 33
Head Office: Toronto
Five-year revenue growth (2009€“2014): 2,197%
Chief Executive(s): Joe DeLonghi
FTE Employees: 65

Manufactures and supplies LED lighting fixtures

9. Red Leaf Medical

PROFIT 500 Rank: 38
Head Office: Mississauga, Ont.
Five-year revenue growth (2009€“2014): 1,974%
Chief Executive(s): Charles Ko
FTE Employees: 15

Distributes innovative medical devices and pharmaceuticals

10. dPoint Technologies

PROFIT 500 Rank: 45
Head Office: Vancouver
Five-year revenue growth (2009€“2014): 1,544%
Chief Executive(s): James Dean
FTE Employees: 39

Manufactures and sells energy efficiency and recovery technology

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THE NEXT 15:

11. Novo électronique inc.

PROFIT 500 Rank: 49

Develops technological products

12. Vivere

PROFIT 500 Rank: 53

Sells and distributes hammocks and outdoor seating

13. Motion Composites

PROFIT 500 Rank: 57

Manufactures ultra-light wheelchairs

14. BioSyent

PROFIT 500 Rank: 64

Licenses and acquires pharmaceutical products to bring to market in Canada

15. KFI

PROFIT 500 Rank: 66

Manufactures premium cooking sauces and condiments

16. Kinova

PROFIT 500 Rank: 69

Develops and manufactures assistive and service robots

17. Fiasco Gelato

PROFIT 500 Rank: 75

Produces artisanal gelato for specialty grocers, restaurants and cafes

18. Therapure Biopharma

PROFIT 500 Rank: 89

Develops and manufactures pharmaceutical and therapeutic products on contract

19. MSW Canadian Plastics

PROFIT 500 Rank: 95

Manufactures PVC plastic extrusions

20. 5N Plus

PROFIT 500 Rank: 96

Produces specialty metal and chemical products

21. Canada Goose

PROFIT 500 Rank: 101

Manufactures luxury outerwear for cold climates

22. MEGA Comfort International

PROFIT 500 Rank: 107

Manufactures insoles for shoes

23. Vega

PROFIT 500 Rank: 108

Manufactures and distributes vegan nutritional supplements

24. Tundra Process Solutions

PROFIT 500 Rank: 109

Sells and installs industrial equipment

25. Aspectek

PROFIT 500 Rank: 111

Manufactures pest control, gardening and pet products

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Other fast-growing manufacturing companies on the 2015 PROFIT 500:

26. Marlon Recreational Products (PROFIT 500 Rank: 114), 27. Stealth Energy Services (PROFIT 500 Rank: 129), 28. InterAtlas Chemical (PROFIT 500 Rank: 132), 29. Sweets from the Earth (PROFIT 500 Rank: 139), 30. STI Technologies (PROFIT 500 Rank: 142), 31. Eclipse Automation (PROFIT 500 Rank: 145), 32. Suntrition (PROFIT 500 Rank: 175), 33. Manitobah Mukluks (PROFIT 500 Rank: 182), 34. Camex Equipment Sales & Rentals (PROFIT 500 Rank: 184), 35. Optel Vision (PROFIT 500 Rank: 190), 36. Precision Manufacturing (PROFIT 500 Rank: 207), 37. Photon Control (PROFIT 500 Rank: 208), 38. Scorpion Technologies (PROFIT 500 Rank: 227), 39. O’Doughs (PROFIT 500 Rank: 230), 40. Marina Textiles (PROFIT 500 Rank: 238), 41. Office Coffee Solutions (PROFIT 500 Rank: 252), 42. Thermal Energy International (PROFIT 500 Rank: 256), 43. Questor Technology (PROFIT 500 Rank: 262), 44. Gin-Cor Industries (PROFIT 500 Rank: 276), 45. Molok North America (PROFIT 500 Rank: 279), 46. Everland Natural Foods (PROFIT 500 Rank: 283), 47. Maplelea (Avonlea Traditions) (PROFIT 500 Rank: 287), 48. Ashcon International (PROFIT 500 Rank: 297), 49. Canada Tubeform (PROFIT 500 Rank: 302), 50. Jakait Group (PROFIT 500 Rank: 303), 51. TWI Foods (PROFIT 500 Rank: 304), 52. Nutrasource (PROFIT 500 Rank: 305), 53. Zenan Custom Cresting (PROFIT 500 Rank: 310), 54. APG-Neuros (PROFIT 500 Rank: 313), 55. Burlington Merchandising & Fixtures (PROFIT 500 Rank: 314), 56. Blackline GPS (PROFIT 500 Rank: 323), 57. C. R. Plastic Products (PROFIT 500 Rank: 325), 58. Weston Wood Solutions (PROFIT 500 Rank: 326), 59. Barricades and Signs (PROFIT 500 Rank: 330), 60. E.B. Box Co. (PROFIT 500 Rank: 333), 61. Canada Stampings (PROFIT 500 Rank: 340), 62. Vanguard Pharma (PROFIT 500 Rank: 347), 63. AspenClean (PROFIT 500 Rank: 348), 64. Neustar Manufacturing (PROFIT 500 Rank: 349), 65. Polycorp (PROFIT 500 Rank: 356), 66. Impressions Printing (PROFIT 500 Rank: 359), 67. Mabel’s Labels (PROFIT 500 Rank: 361), 68. Impacto Protective Products (PROFIT 500 Rank: 362), 69. GCP Industrial Products (PROFIT 500 Rank: 367), 70. Everspring Farms (PROFIT 500 Rank: 368), 71. Vinyltrends (PROFIT 500 Rank: 385), 72. Marcon Metalfab (PROFIT 500 Rank: 386), 73. Tank Traders (PROFIT 500 Rank: 391), 74. Creative At Home (PROFIT 500 Rank: 392), 75. FXR Racing (PROFIT 500 Rank: 394), 76. MTL Technologies (PROFIT 500 Rank: 396), 77. Pioneering Technology Corp. (PROFIT 500 Rank: 400), 78. StarFish Medical (PROFIT 500 Rank: 418), 79. Left Coast Naturals (PROFIT 500 Rank: 419), 80. MAD Elevator Fixtures (PROFIT 500 Rank: 429), 81. Beneco Packaging (PROFIT 500 Rank: 432), 82. Canada Metal (Pacific) (PROFIT 500 Rank: 435), 83. Bratex Hardwood Flooring (PROFIT 500 Rank: 436), 84. Stemmler Meats and Cheese (PROFIT 500 Rank: 439), 85. Hutton Forest Products (PROFIT 500 Rank: 440), 86. Stärke Material Handling Group (PROFIT 500 Rank: 441), 87. Vortex (PROFIT 500 Rank: 446), 88. Jessica Pastries (PROFIT 500 Rank: 449), 89. Angstrom Engineering (PROFIT 500 Rank: 450), 90. Citadelle (PROFIT 500 Rank: 458), 91. Mircom (PROFIT 500 Rank: 463), 92. Weston Forest (PROFIT 500 Rank: 464), 93. Liftsafe Group of Cos. (PROFIT 500 Rank: 479), 94. Lorenz Conveying Products (PROFIT 500 Rank: 481), 95. Avnan (PROFIT 500 Rank: 483), 96. Norstar Windows & Doors (PROFIT 500 Rank: 487), 97. Digico (PROFIT 500 Rank: 489), 98. Ronco Disposable Products (PROFIT 500 Rank: 495).

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Click here for the complete 2015 PROFIT 500 Ranking of Canada’s Fastest-Growing Companies »

Originally appeared on PROFITguide.com

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