PCL Recognized Again as a Platinum Member of Canada’s Best Managed Program

EDMONTON, Alberta – The PCL family of companies is pleased to announce that we have again been named a Platinum Club member in Canada’s Best Managed Companies program. This award marks the twelfth time we have been recognized by the Best Managed Companies program and our fourth consecutive year in the Platinum Club.

Platinum Club members form an elite group of Canadian-owned-and-managed companies that consistently excel in every aspect of business. To become a Platinum Club member, companies must maintain their designation as one of Canada’s Best Managed Companies for a minimum of six consecutive years, subject to annual operational and financial review. 

“This designation is another tribute to every PCL employee across North America,” says Ross Grieve, president and CEO of the PCL family of companies. “Our people have an unbelievable thirst to be the very best they can be in managing our independent construction operations. Recognition like Platinum Club membership is further testimony to just how well our employees manage our businesses.”

The PCL family of companies set another record in financial performance over the 2005-06 fiscal year. The group has grown every year since the employees took over ownership in 1977. The PCL family’s construction volume is now approaching $5 billion annually.

John Hughes, Deloitte Partner with the Private Company Services Group, and National Leader of the Best Managed program says: “Achieving the highest level of business performance over the long term is possible only when organizations embrace a culture of aligning every activity and resource with building value for their stakeholders. Membership in these groups symbolizes the ultimate goal for any business — sustained high performance. All companies strive for business success; what distinguishes Platinum Club and Requalified members is their ability to sustain that success.”
 

About Canada’s Best Managed Companies

Established in 1993, Canada's 50 Best Managed Companies (Best Managed) is one of the country’s leading business awards program, recognizing excellence in Canadian-owned-and- managed companies with revenues over $10 million. 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. The awards are granted on three levels: 1) Best Managed winner (one of the fifty new winners selected each year),  2) Requalified  member  (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review),  3) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business. For further information, visit www.canadas50best.com.

About the PCL family of companies

The PCL family of companies is the largest contracting organization in Canada and one of the largest in the United State s. The PCL family has major offices in 27 locations across continental North America, the Hawaiian Islands, and the Caribbean. PCL is on Fortune Magazine’s Top 100 Companies to Work For and the 50 Best Employers in Canada lists. For more information, watch us build at www.pcl.com.

 For further information, please contact:  

Wade Wilson
Communications Specialist
PCL Constructors Inc.
Phone: (780) 435-9750
Email: wwilson@pcl.com