Canadian Business and PROFIT today ranked Eclipse Automation No. 490 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Eclipse Automation made the 2017 PROFIT 500 list with five-year revenue growth of 80%. Eclipse previously ranked No. 222 on the PROFIT 500 list in 2016 with a five-year revenue growth of 251%.
“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada – and the world – needs more entrepreneurial success stories like these.”
“Eclipse is proud to receive this achievement for the fourth consecutive year” says Steve Mai, President of Eclipse Automation. “Currently we are experiencing a significant year due to unprecedented growth in our company by doubling our sales and increasing our workforce to more than 300, which reinforces our commitment to delivering innovative solutions on a global scale that meet our clients’ vision.”
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 and current affairs media brands, the PROFIT 500 is published in the October issue of Maclean’s magazine and online at CanadianBusiness.com.
Eclipse Automation has also been named one of Canada’s Best Managed Companies in 2014, 2015 and 2016 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 the PROFIT 500
For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. 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. Learn more at CanadianBusiness.com