MONTREAL, QUEBEC, SEPTEMBER 27, 2024 — Damotech is proud to announce its inclusion in the 2024 Report on Business ranking of Canada’s Top Growing Companies for the seventh* consecutive year. This ranking highlights the achievements of innovative businesses across Canada.
In 2024, Damotech earned its spot on this prestigious list, achieving an impressive three-year revenue growth rate of 82%. Eric Naaman, CEO of Damotech, shared his pride: “We’re incredibly proud to be recognized again as one of Canada’s Top Growing Companies. This achievement highlights our commitment to improving workplace safety across North America. Our growth reflects the trust our clients place in us and our focus on innovation in pallet rack safety.”
The complete list of 2024 winners and editorial coverage is available in the October issue of Report on Business magazine and can also be accessed online.
“Our annual ranking of Canada’s Top Growing Companies reflects the sector-spanning ingenuity of this country’s entrepreneurs and corporate leaders,” says Dawn Calleja, Editor of Report on Business magazine. “And we think it’s important to tell their stories, to help inspire the next generation of up-and-comers across the country.”
“The Globe and Mail congratulates this year’s winners of Canada’s Top Growing Companies for achieving exceptional growth and resilience in facing business challenges,” says Andrew Saunders, CEO of The Globe and Mail. “It is a testament to dedication, strategic vision, and innovative drive.”
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics, and national affairs, The Globe and Mail newspaper reaches 6.3 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.8 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
*The Globe and Mail acquired the “Growth 500” in 2019 and rebranded it as the “Globe and Mail’s Top Growing Companies.”
About Damotech
Damotech is the largest pallet rack safety and repair company in North America. For 30 years, it has helped warehouse owners and operators keep their work environment safe by maintaining the structural integrity of their racking systems.
With its lines of rack protection and repair products, Damotech strives to end the endless cycle of upright replacement by focusing on warehouse safety and the permanent elimination of recurring rack damage. Through engineering services, Damotech helps create a safer working environment, bringing warehouse managers and employees true peace of mind. The company also offers the only dedicated rack inspection and management cloud-based software on the market.