MONTREAL, QUEBEC, OCTOBER 2, 2023 – Damotech is pleased to announce its inclusion in the 2023 Report on Business ranking of Canada’s Top Growing Companies for a sixth* consecutive year. This editorial ranking is dedicated to spotlighting the accomplishments of innovative businesses in Canada.
In 2023, Damotech proudly earned its place on this prestigious list, boasting an impressive three-year revenue growth rate of 82%. Eric Naaman, CEO of Damotech, expresses his pride: “Being recognized as one of Canada’s Top Growing Companies for another year shows our team’s commitment to promoting rack safety within the North American warehousing industry. We’re glad that our efforts to advocate for rack safety continue to impact workplace environments positively.”
You can access the complete list of 2023 winners and read the editorial coverage in the October issue of Report on Business magazine. The list is currently available online as well.
“Canada’s Top Growing Companies acknowledges the drive and ingenuity displayed by Canadian business,” says Dawn Calleja, Editor of Report on Business magazine. “This year’s ranking serves as an inspiration for future business owners.”
“This year’s Report on Business magazine’s list of Top Growing Companies shows how innovative ideas always rise to the top, perhaps even more so in times of uncertainty,” says Andrew Saunders, CEO of The Globe and Mail. “The Globe and Mail congratulates this year’s winners for meeting and surpassing those economic challenges.”
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.