EllisDon is a Platinum Member of 50 Best Managed Companies

Mississauga, February 23, 2009 – EllisDon has achieved Platinum Club member status with Canada's 50 Best Managed Companies program by retaining their Best Managed designation for more than six consecutive years, according to the 50 Best Managed Companies program for 2008. EllisDon joined other new winners and Requalified and Platinum club members at the annual Best Managed gala that was held in Toronto on February 9, 2009.

Established in 1993, the Canada’s 50 Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. Applications are reviewed by an independent judging panel that evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.

“We believe that there are three vital building blocks to sustainable growth: strategy, capability, and commitment, EllisDon has demonstrated it is a model of success in all three areas and is duly awarded one of Canada’s Best Managed.” explained John Hughes, Partner, Private Company Services group with Deloitte, a national sponsor of the Best Managed program.

Adds Calvin Younger, Senior Vice-President, CIBC Commercial Banking: “Canada’s 50 Best Managed Companies are those operating at peak levels of performance. We are delighted to celebrate the accomplishments of this year’s winners”.

Earlier this year, EllisDon was ranked as the Best Employer in Canada by Hewitt Associates for The Globe & Mail’s Report on Business Magazine survey. This marked the company’s eighth consecutive placement on this list, and its second consecutive year on the top spot. Achievements such as these serve as a testament to EllisDon’s commitment to its employees, and to its unique management philosophy.  

Geoff Smith, EllisDon’s President and C.E.O., sums it up: “Try not to tell people what to do or how to do it, they can usually figure this out for themselves. Rather, focus instead on telling them why it needs to be done. Once they get that, you usually can’t hold them back. We can and will all lead ourselves, and we will build a great company together.”

EllisDon is a leading employee-owned global company delivering construction expertise, services and specialized support to clients throughout the world. Completing in excess of $2 billion in new construction annually, EllisDon employs approximately 1,100 people and has a presence in Canada and the United States, as well as offices in the West Indies, the United Arab Emirates and Greece. Incorporated in 1951, EllisDon has distinguished itself through its people and its innovative practices. Offering not only general contracting, construction management and project management but a growing range of equity, IT and communication services, EllisDon is behind some of the most exciting infrastructure, manufacturing and retail projects in the world. For more information, please visit www.ellisdon.com.

Canada's 50 Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 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 three levels:

1) Best Managed winner (one of the 50 new winners selected each year); 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review); 3) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years.) Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business. For further information, visit www.canadas50best.com.

To download the full press release, click here. (90KB, PDF).