The PRO‑FAB Group inc. named one of Canada’s Best Managed Companies
Montreal (Quebec), May 14, 2024. – The PRO‑FAB Group inc. was recognized for its industry‑leading performance, its global business practices, and its sustained growth by receiving the prestigious 2024 Canada’s Best Managed Companies award.
Celebrating over 30 years, Canada’s Best Managed Companies program awards excellence in private Canadian‑owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.
“I’m extremely proud that our team has been able to stand out in our community. This award symbolizes the recognition of all our efforts over the past 35 years!” said Martin Roy, CEO of the PRO‑FAB Group.
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world‑class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.
Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
Teamwork, resilience, open‑mindedness to change and passion for our customers’ projects are the qualities that define who we are. Over the past decade, we have radically changed our approach to business by redefining our mission to become a provider of housing solutions. To this end, we have added a rental component to our sales activities, expanded into the multi‑housing market and made acquisitions to diversify our construction methods. All this to better serve our customers and meet a fundamental need: the need for housing.
The 2024 cohort of Best Managed companies share common themes such as having a peoplecentric culture, targeting effective ESG strategies, and accelerating operational digitization.
« Exploring new avenues for the advancement of tomorrow, this year’s Best Managed winners displayed courage, resourcefulness, and creativity,” said Derrick Dempster, Partner, Deloitte Private and Co‑Leader, Canada’s Best Managed Companies program. “We’re extremely proud to highlight the impressive achievements of companies such as PRO‑FAB Group in a rapidly evolving business world. Their exceptional accomplishments leave you feeling inspired, celebrated, and connected. »
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately‑owned Canadian companies. 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, and TMX Group.
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About PRO‑FAB Group inc.
Pro‑Fab has been a leading engineering modular and structural building manufacturer for over 35 years. It is renowned for its ability to address today’s housing crisis by providing a wide range of solutions to the market. In 2023, the company launched its first community housing rental offering to create housing accessibility for all Canadians. The company now operates four manufacturing plants, twelve business centers, and over 400 employees in North America.
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