Farrow Wins Canada’s Best Managed Companies Platinum Club Designation
March 9, 2017
2017 marks the second time Farrow has been awarded the Platinum Club designation and is the eighth year Farrow has won the Best Managed award.
Windsor, ON – Farrow has won the 2017 Canada’s Best Managed Companies Platinum Club designation, having retained the Best Managed designation for eight consecutive years. The 2017 Best Managed program recognizes the best-in-class of Canadian-owned and managed companies, demonstrating strategy, capability, and commitment to achieve sustainable growth.
“Being awarded this designation for eight years in a row is a monumental achievement for us,” says Rick Farrow, Chairman & CEO, Farrow. “Our employees’ commitment and dedication to delivering the highest levels of service and solutions are the foundation of who we are, and winning this award would not be possible without them. This award and our many customer awards, including the recent “Supply Chain Vendor of the Year” from Staples, demonstrate our commitment to finding ways to help all our customers succeed and show the value of a century old, family owned company.”
Farrow is an award winning customs broker with over 100 years of experience that offers a comprehensive range of international trade services. Founded in 1911 by Russell A. Farrow and currently owned and operated by the third generation of the Farrow family, Farrow has over 1,250 employees and 43 offices and warehouse locations. Farrow was also recognized by Toyota Canada with their Kaizen Excellence’ Award. This award is given to companies that focus their efforts on small, continuous improvements that lead to positive results on a larger scale. Farrow was recognized for their continuous improvement as a key logistics partner.
“Companies that earn Platinum Club status, by retaining their Best Managed status for seven years or more, exemplify exceptional vision and leadership and a sustained commitment to growth and innovation,” said Jon Hountalas, Executive Vice President, Business and Corporate Banking, CIBC. “CIBC is proud to recognize these and all of the 2017 Canada’s Best Managed Companies winners as leaders in their industries.”
Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs, recognizing Canadian-owned and managed companies for innovative, world-class business practices. Best Managed companies share commonalities that include an emphasis on culture and people, innovation, sustained performance and strong financial results.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums.
For further information, please contact:
519.252.7775 ext 590 (office)
Farrow is a customs broker and logistics provider with over 100 years of expertise in international trade. Owned and operated by the third generation of the Farrow family, with the fourth generation now involved on a day-to-day basis as well, Farrow has over 1,250 employees and 43 offices and warehouse locations and is among the largest private and family owned customs brokers in North America.
In addition to providing customs brokerage services, Farrow also operates four divisions under the Farrow brand. These include Farrow Logistics (North American Logistics), Farrow Global Logistics (International Freight Forwarding and Global Supply Chain), Farrow Express (Expedited Deliveries), and Farrow Consulting (Import/Export and Trade Management Consulting).
Farrow is a Platinum Club winner of Canada's Best Managed Companies Program.
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 $15 million. 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, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
For further information, visit www.bestmanagedcompanies.ca.
Questions? Please contact your Farrow representative or complete our online form.