PRIMED recognized as Gold Standard Winner for Canada’s Best Managed Companies, sixth year in a row.
EDMONTON, AB – [May 9, 2023] – PRIMED Medical Products (PRIMED) is honoured to be among "Canada's Best Managed Companies" for the sixth year in a row. 2023 also marks the third year the Edmonton-based organization has received the additional “Gold Standard Winner” accolades, awarded to organizations who have successfully maintained "Best Managed" status for over three consecutive years.
Celebrating its 30th anniversary, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with $50 million or greater revenues. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.
"We are incredibly proud and excited to be recognized as one of Canada’s Best Managed Companies,” comments David Welsh, president and CEO of PRIMED Medical Products. “This award is a testament to our entire team's hard work, dedication, and innovation, and we are honoured to be among such a distinguished group of companies. We will continue striving for excellence and look forward to building on this achievement in the future."
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world‑class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
“We are known throughout the industry as that company with a special sense of energy and excitement,” says Welsh. “Our people are highly committed, super engaged, and there’s just this amazing energy level.” Regularly asked by both competitors and friends about the secret to PRIMED’s success. David says it comes down to one main element: the company culture.
The 2023 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.
“It has become increasingly important for businesses to foster collaborative workplaces where employees are empowered to make valuable contributions to their organizations,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s Best Managed winners, including PRIMED Medical Products, embrace a people-first mentality, enabling employees to cultivate important capabilities and integrating diversity, equity, and inclusion initiatives into their core strategy. By prioritizing employee well-being and championing professional development, these companies are harnessing their talent pool’s fullest potential and in a stronger position to attract the talents needed to embrace the opportunities and challenges that lie ahead.”
About PRIMED Medical Products
Founded in 1995, PRIMED Medical Products is a global manufacturer of medical personal protective equipment. PRIMED manufacturing facilities are ISO certified and undergo regular audits by international regulatory and certification organizations. PRIMED's high-quality medical products are used in virtually every hospital across Canada and in healthcare facilities around the world. PRIMED Medical Products is one of the fastest growing international manufacturers of high-quality medical personal protective equipment, offering branded, co-branded, and private label products and services to its customers and international partners.
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. 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, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
Jennifer Cliff, Communications Manager
PRIMED Medical Products
#200, 2003-91 Street SW
Edmonton, Alberta T6X 0W8
Phone: 780 497 7600
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