A pair of Northern Ontario companies, and one founded in the region, were named to Canada’s Best Managed Companies list.
Gincor Werx of Mattawa and McDougall Energy of Sault Ste. Marie was among 486 privately held companies that made the cut in 2023.
Also on the list was Huntsville-based Tulloch, a multidisciplinary engineering consulting firm originally based in northeastern Ontario.
The list, published annually by financial services firm Deloitte, measures a company’s performance against four pillars, including strategy, engagement, capability and finance.
This year, companies could earn bonus points for “demonstrating cutting-edge practices in the areas of ESG (environmental, social and governance) initiatives, with a particular focus on reducing greenhouse gas emissions, limiting of waste, improving energy efficiency and cultivating diversity.” according to Deloitte.
Located east of North Bay, Mattawa’s Gincor Werx manufactures industrial vehicles, including bodies, snow and ice equipment, flatbeds and van bodies, as well as a range of trailers.
Last fall, the company acquired Drivetec Manufacturing and can now service hydraulics, drivelines, suspension systems, vehicle alterations, as well as the distribution of key components to the truck and trailer industry.
Gincor Werx president and CEO Luc Stang said he was pleased with the company’s first appearance on the list.
“This is a win for all of our executives across all business units. We have continuously strived over the years to do the right thing for all stakeholders,” he said in a news release.
“This recognition further confirms that our leaders and employees have helped us get this far by learning together and applying what it takes to be recognized as the best managed company in Canada. Congratulations to the Gincor Werx team.”
McDougall Energy in Sault Ste. Marie maintained its “Platinum” status, which indicates that a company has been on the list for seven consecutive years or more.
The company distributes and markets propane, Esso and Shell fuel and lubricant products to residential and commercial customers across Canada.
McDougall was first named to the Best Managed list in 2011.
“Retaining our Best Managed designation for 12 consecutive years is an honor and an achievement that the McDougall Energy team and I are particularly proud of. It celebrates the collective effort of everyone who has contributed to the success and ongoing sustainability of our company,” company president Darren McDougall said in a press release.
“The business landscape is changing, but our values are not. This award validates the diligence, commitment and resilience of our team. I want to thank the judges, coaches and sponsors of Canada’s Best Managed Companies for this award and recognition.”
For Tulloch, this is the first year the firm has won the best management award.
In a press release, the company said they were recognized for their commitment and success in executing strategy, leadership and management performance, their team culture and emphasis on employee development.
In a statement, chief executive Mark Tulloch said the aim is to create a “people culture” that is rooted in how its team of experts deliver integrated planning, surveying, environmental and engineering services.
“We want to build an organization where everyone loves their work and their leaders take care of them.”
Established in 1991 in the northern coastal community of Thessaloniki, Tulloch employs a team of over 400 people providing engineering solutions to projects large and small, from large infrastructure projects to private residential applications .
Deloitte’s list of Canada’s Best Managed Companies was first introduced in 1993.
