– PROFIT magazine unveils 28th annual list of Canada's Fastest-Growing Companies –
MILTON, ON, Sept. 15, 2016 /CNW/ - Canadian Business and PROFIT today ranked THREE O FOUR Limited No. 30 on the 28th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
THREE O FOUR Limited (pronounced THREE "OH" FOUR) made the 2016 PROFIT 500 list with five-year revenue growth of 2,541%.
"Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit," says James Cowan, Editor-in-chief of PROFIT and Canadian Business. "These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe."
"THREE O FOUR Limited is honoured to be on the PROFIT 500 ranking for the second consecutive year", says founder and company President Allan Hrynyshyn, P. Eng. "Ranking so highly two years in a row is a monumental achievement. This cements our belief that hard work, combined with a continuous focus on our employee needs, safety in the work environment, tenacious pursuit of the highest quality of manufacture, and superb customer service will always be rewarded."
THREE O FOUR Limited is a manufacturer of high quality conveyors, spiral freezing systems and highly specialized equipment. Span Tech Canada is the operating division of THREE O FOUR Limited which produces the whisper quiet series of Span Tech conveyors for the food and packaging industries. They are known for their ease of re-configurability and are nearly limitless in what they can convey. THREE O FOUR Limited also manufactures the HOLLITHERM brand of spiral conveyors, spiral coolers and spiral freezing systems. Allan states "Our business continues to grow both in repeat customer orders and new customer acquisitions. This year is shaping up to be the best in the history of the company and we are currently working on three large export projects destined to Germany, China and the U.S.A. This surge in export growth is a welcome trend for the company but we also strongly believe in doggedly supporting and growing our local Canadian customer base. Many of our Canadian customers have been with us since the beginning and we will never compromise our ability to fully service their needs. I learned a long time ago that a true measure of company success lies in the ability to retain its existing customers."
About PROFIT and PROFITguide.com
PROFIT is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total print readership of more than 600,000, 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. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.
About THREE O FOUR Limited
THREE O FOUR Limited manufactures high quality conveyors and spiral systems. They operate primarily under the following brands:
There are over 70,000 Span Tech installations worldwide and Hollitherm has become a recognized name in the spiral freezing industry.
SOURCE THREE O FOUR Limited
Image with caption: "THREE O FOUR Limited (CNW Group/THREE O FOUR Limited)". Image available at: http://photos.newswire.ca/images/download/20160915_C2331_PHOTO_EN_773024.jpg
Image with caption: "PROFIT 500 (CNW Group/THREE O FOUR Limited)". Image available at: http://photos.newswire.ca/images/download/20160915_C2331_PHOTO_EN_773022.jpg
For further information: Company Contact: THREE O FOUR Limited, Units 1-6 Milton, ON L9T 3J2, P: 1 (905) 876 8883, TF: 1 (844) 876 8889; Media contact: Donna Hrynyshyn, Customer Relations, [email protected], P: 1 905 876 8883 X200