March 9, 2016 – Today the National Post announced the 2015 winners of the Canada’s Best Managed Companies program. LMS Reinforcing Steel Group was first recognized as a winner in 2011 and, since then, has successfully maintained its Gold Standard status.
“We are extremely proud of this achievement,” says Ron McNeil, CEO and Co-Founder; “our trade faces many challenges from global economics that impact steel prices to the scarcity of qualified ironworkers in our region. Our recognition as one of Canada’s Best Managed Companies is a testament to our strengths.”
The Canada's Best Managed Companies award is a hallmark of entrepreneurial excellence – the highest and most recognized honour available to privately-owned Canadian businesses. This program requires an annual review that examines all aspects of the business: strategic planning, marketplace capabilities, human resources initiatives and financial results.
Since inception in 1987, LMS has established itself as a leading fabricator and installer of rebar and post tensioning for large-scale projects in the residential, commercial, institutional and infrastructure construction sectors in Western Canada. Highlights of LMS’s strengths and abilities include:
- Their strategic insight and capability as business professionals.
- Their ability to add value to developers and builders on construction projects of all sizes and be considered a valuable partner from project to project.
- Their best practices related to sourcing steel internationally.
- Their ability to develop long-term careers for their ironworkers.
- Their commitment to making a positive contribution to the community through philanthropy.
“LMS’ commitment to strategic growth, development of their team and investment in the community is exemplary,” says Mike Brankston, Partner, Deloitte; “they operate a complex and intricate business with global implications – both when sourcing steel and at times when addressing labour shortages with foreign workers. LSM has demonstrated ingenuity and capability in every area of their business.”