FOR IMMEDIATE RELEASE
Cambridge, ON – September 15, 2016: Canadian Business and PROFIT today ranked Eclipse Automation No. 222 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.
Eclipse Automation made the 2016 PROFIT 500 list with five-year revenue growth of 251%. Eclipse previously ranked No. 145 on the PROFIT 500 list in 2015 with a five-year revenue growth of 440%.
“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.”
“For the third year in a row, Eclipse is honoured to receive this achievement.” says Steve Mai, President of Eclipse Automation. “Our ability to stay flexible and adapt quickly to our customer needs is just one of the many factors contributing to the sustained growth our company has achieved, enabling us to expand profitably on a global scale.”
Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country’s most successful growth companies. A joint venture between Canada’s premier business brands, the PROFIT 500 is published in the October issue of Canadian Business and online at PROFITguide.com.
Eclipse Automation has also been named one of Canada’s Best Managed Companies in 2014 and 2015 respectively for excellence in business performance. With a focus on streamlining internal processes, investing heavily in employee growth and keeping communications transparent, Eclipse understands the importance of maintaining a highly skilled team to keep the company on the leading edge. Market diversification, active customer-focus, advanced technology, vertical integration and a strong balance sheet have been the core driving factors behind the company’s rapid expansion and revenue growth.
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 33 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 online 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 readership of more than 800,000, 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 Eclipse Automation
Eclipse Automation is a leading supplier of custom automated manufacturing equipment for the energy, health sciences, transportation, consumer/industrial and telecommunications/electronic industries. Working on a global scale, Eclipse Automation partners with companies of all sizes to build efficient and profitable assembly and testing operations.
For more information:
Global Technical Marketing Coordinator
1 (519) 620-1906 ext. 706