Burlington, ON — [May 15, 2023] AAG Tailored Cutting Solutions was recognized for its industry-leading performance, its global business practices, and its sustained growth by receiving the prestigious 2023 Canada’s Best Managed Companies award.
Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.
“We at AAG Tailored Cutting Solutions, which includes AXYZ International and WARDJET Waterjets, are thrilled and very proud to have been once again chosen for this prestigious award. This is further confirmation of our team’s continued hard work, perseverance, agility and teamwork over the past year has paid off. The world around us continues to change, creating new challenges, yet our team has continued to pull together, think outside the box, and execute. AAG’s adaptability and resilience has meant delivering on our customer promise and ensuring our customers are up and running.
At AAG we strive to be the global leader in tailored cutting solutions.”
– Doug LoFranco, CEO, AAG Tailored Cutting Solutions
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.
Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
AAG is honored to receive the Canada’s Best Managed Companies award once again. In light of significant market turbulence, they remain committed to serving their customers with the highest quality products and world-class service. They continue to grow in new markets, with new innovations and technologies to ensure that they remain leaders in their field.
The 2023 cohort of Best Managed companies share common themes such as having a people centric culture, targeting effective ESG strategies, and accelerating operational digitization.
“The 2023 Best Managed winners exemplify the highest Canadian business standards of innovation, adaptability, and resilience,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “Over the past year, companies such as AAG have accelerated by continuously adapting and successfully responding to challenges, seizing new opportunities, leveraging industry leading competencies to maximize their investments, and driving sustainable growth.”
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian 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 or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
About AAG Tailored Cutting Solutions
AAG is a leading global manufacturer of CNC routers and waterjet cutting solutions. With more than 30 years of experience, we’ve built and installed thousands of AXYZ and WARDJET CNC machines for industries including Aerospace, Architectural Cladding, Automotive, Signage, Foam Converting, and Prototyping. We support our customers with a global footprint of technical experts and parts distribution.
Canada’s Best Managed Companies contact information:
Bestmanagedcompanies@deloitte.ca
www.bestmanagedcompanies.ca
