KingFisher Boats reels in third Canada’s Best Managed Designation
KingFisher Boats continues to lead the pack with their third prestigious Canada’s Best Managed designation. In 2019, KingFisher saw continued growth in key markets, and invested in their future with a 18,000 sq. ft expansion and increased production capacity driven by a 20% larger workforce
KingFisher Boats is amongst best-in-class of Canadian owned and managed companies demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition. Canada’s Best Managed companies have a clear and concise strategy, capability to invest in R&D, tools and proprietary equipment and a strong emphasis on corporate social responsibility.
“2019 was a big year for KingFisher Boats.” said Byron Bolton, CEO. “First, we focused on our people and delivered a new manufacturing and parts space; we innovated and launched a 31’ version of our flagship GFX offshore product; we grew our distribution by adding new dealers; and implemented continuous improvement processes— all while delivering 650 high-quality hand-built aluminum boats that enrich our customers lives.”
Now in its 27th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.
“This year’s Best Managed winners are a testament to the success found when businesses are deliberate about seizing the opportunity to do better; they invest in game-changing technology, commit to their corporate purpose and social responsibility, and solidify their place on the world stage,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program . “Canada’s Best Managed Companies celebrate a community of the strongest private businesses that shape our country and fuel Canada’s competitiveness, creating sustainable economic growth in an evolving global market.”
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 $25 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 Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.
For more information, visit www.bestmanagedcompanies.ca.