PRIMED joins elite ranks as Platinum Club Member for Canada's Best Managed Companies

EDMONTON, AB - [May 14, 2024] - PRIMED Medical Products (PRIMED) achieved Platinum Club status with Canada's Best Managed Companies program by retaining its Best Managed designation for seven consecutive years. This achievement marks a significant milestone in the company's history, underscoring PRIMED's commitment to excellence and innovation in the healthcare industry.

"At PRIMED, we are thrilled and honoured to join the ranks of Canada's Best Managed Companies' Platinum Club members," remarked David Welsh, CEO of PRIMED Medical Products. "This achievement is a testament to the hard work, dedication, and passion of our entire team. We are proud to remain committed to delivering high-quality medical PPE solutions to the global healthcare community."

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. To attain designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance, and financial performance.

"To become a Best Managed Platinum Club winner is nothing short of remarkable. Their continued adaptability in an era of uncertainty sets the standard for how to overcome new barriers and demonstrate resiliency at the highest levels,” said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada’s Best Managed Companies program. “These companies truly impact how Canada is viewed on the world stage when it comes to the success of private business.”

PRIMED's success can be attributed not only to its commitment to quality products but also to its distinctive company culture. Following the pandemic, PRIMED nearly doubled its workforce, now boasting over 1,000 employees worldwide, including 200 in Canada. The company imported ten times its usual volume of personal protective equipment (PPE) into Canada during the crisis, solidifying its position as a leading supplier to the Canadian healthcare sector. This exponential growth and employee retention is a testament to PRIMED's culture. With a focus on energy, enthusiasm, and creativity, PRIMED has cultivated an environment that fosters collaboration, innovation, and employee development.

"We believe in the power of diversity and inclusion to harness different perspectives and fresh ideas," says Mark Kwan, Director, Human Resources at PRIMED. "Our recruitment strategy prioritizes young talent, bringing in individuals who inject new energy and creativity into our team. This approach has been instrumental in driving our company's success."

Looking ahead, PRIMED remains committed to its core values of innovation, agility, and collaboration. The company is focused on maintaining a workplace where individuals feel empowered to contribute their ideas and grow professionally, ensuring PRIMED continues to lead and expand its presence in the global healthcare landscape.

For more information about Canada's Best Managed Companies program and other 2024 winners, visit https://www.theglobeandmail.com/business/rob-magazine/best-managed-companies/.

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 worldwide. 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 continues to be the mark of excellence for private Canadian-owned and managed 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 of more. Program sponsors are Deloitte Private, CIBC, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

Media Contact

Jennifer Cliff, Communications Manager
jennifer.cliff@primed.com‍

PRIMED Medical Products
#200, 2003-91 Street SW
Edmonton, Alberta T6X 0W8
Phone: 780 497 7600
primed.com

‍