Superior Glove Works Ltd. is recognized for excellence in business performance as one of Canada's Best Managed Companies.

TORONTO, March 9, 2017 /CNW/ - Superior Glove was honored with the prestigious Canada's Best Managed Companies designation. The 2017 Best Managed program recognizes the best-in-class of Canadian-owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.

"CIBC is thrilled to congratulate Superior Glove on being named one of Canada's Best Managed Companies, recognizing its excellence in leadership, business performance and innovation," said Jon Hountalas, Executive Vice President, Business and Corporate Banking, CIBC. "As a sponsor of Canada's Best Managed Companies program for over 20 years, CIBC is proud to celebrate private companies like Superior Glove as leaders in their industry."

This year Superior Glove Works Ltd. focused on investing time and research into our processes and infrastructures. As part of this project we appointed a dedicated strategic team within our company. These new capabilities allowed us to improve communication throughout our company and to make a more robust and comprehensive strategic planning for the future.

Established in 1993, 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. Winners are an important engine of economic growth for being adaptable and sustainable in a global market. Applicants are evaluated by an independent judging panel made up of judges from Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. Best Managed companies share commonalities that include an emphasis on culture and people, innovation, sustained performance and strong financial results.

"We are thrilled to be named one of Canada's Best Managed companies five years in a row," said Tony Geng, President of Superior Glove. "It's not hard to be one of Canada's Best Managed Companies when you have the employees that we do. Their ingenuity and hard work encourages us to always try harder and be better."

"Well-run companies are important to the economic health of our country. These companies serve as role models to help make all Canadian businesses better" said Lorrie King, Partner, Deloitte and Co-Leader, Canada's Best Managed Companies program.

2017 winners of the Canada's Best Managed Companies award will be honored at the annual Canada's Best Managed Companies gala in Toronto on April 19, 2017. 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.

The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business 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 and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.

About Superior Glove www.superiorglove.com

Superior Glove Works Ltd. is a multi-product award winning leader in the industrial work glove industry. Vertical integration, a sound business approach and a dedication to research and innovation has led the company to be one of the largest work glove manufacturers—with customers in North America and Europe. Specializing in cut-resistant gloves, Superior offers an astounding 3,500 styles of work gloves to the safety glove market.

Providing "engineered hand protection for every industry" is more than just a slogan—it's the impetus for growth and the foundation on which Superior Glove was built.

SOURCE Superior Glove

For further information: Media Enquiries: Julie McFater | Marketing and Communications Manager | Superior Glove | 800-265-7617 x 2061 | julie.mcfater@superiorglove.com | www.superiorglove.com

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http://www.superiorglove.com/

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