Thursday, March 5, 2020, 5:00 AM EST
Bradford Greenhouses Ltd named one of Canada’s Best Managed Companies
Toronto, ON – March 5, 2020 – Bradford Greenhouses Ltd.
was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2020 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition. Now in its 27th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.
Bradford Greenhouses has proven its entrepreneurial spirit and business savvy over its 44-year history as they have grown into one of Canada’s Best Managed Companies. Their innovations in the science and automation of horticulture, as well as their leading-edge retail marketing, have enabled exponential growth that has spanned generations of owners and employees. Their willingness to pursue change and adapt processes will ensure smooth transitions to future leadership and the long-term continuity of their business model. The organization continues to invest in the capabilities of its people and facilities to ensure the effective evolution of the overall business.
“While Canada’s Best Managed Companies recognize uncertainty on the economic horizon, their focus hasn’t wavered and they haven’t been discouraged; they are relentlessly focused on growing their business to new heights and investing in the future,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “The contribution these companies provide to Canada cannot be overstated. Every year, Best Managed winners are raising the bar of excellence in Canadian business.
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2020 Best Managed companies share commonalities that include (but are not limited to) a clear and concise strategy, capability to invest in R&D, tools and proprietary equipment, and a strong emphasis on corporate social responsibility.
“We are both humbled and proud to again be named one of Canada’s Best Managed Companies for 2020” said Len Ferragine, Owner of Bradford Greenhouses. “It is a very prestigious award and a third consecutive win is wonderful recognition for all the hard work and dedication that nurtures our family business. We continue to grow because of the great support we receive from our families, from our employees’ families, and from the customers we serve. We are excited to continue our journey of growth; winning this award a third time reinforces that we’re moving in the right direction for the future. As always, we continue to work towards exciting new consumer offerings planned for the future!”
“Businesses today are faced with many challenges and must stay focused and agile in order to sustain and drive growth. They need to demonstrate resilience and commitment to their people, their purpose and their competitive position in the Canadian business world and this year’s Best Managed winners are doing just that,” said Kari Lockhart. “These companies can celebrate their accomplishments today, and should be excited for tomorrow”.
”2020 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 1, 2020. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $25million. 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, Canadian Business, Smith School of Business, and TMX Group. For more information, visit: https://www.bestmanagedcompanies.ca.
About Bradford Greenhouses
“Founded on Family, Inspired by You”
Bradford Greenhouses is a true Canadian success story. In 1961 Francis Ferragine purchased property in Bradford and began growing a company. In 1975, Bradford Greenhouses opened a retail operation north of Bradford and in 1993 Bradford Greenhouses opened its flagship retail store in Barrie. With over 300 employees, Bradford Greenhouses Ltd has grown into one of the largest greenhouse growers and retailers in central Ontario and was recently awarded the Canadian Nursery Landscape Association’s 2016 Garden Centre of the Year. Bradford Greenhouses Wholesale division has become one of the largest sellers of plants in Ontario, servicing small independent and large commercial growers and retailers across the province.