Vortex Aquatic Structures International (www.vortex-intl.com) made the Growth 500 ranking of Canada's Fastest-Growing Companies for the fourth consecutive year. Produced by Canada's premier business and current affairs media brands, the Growth 500 ranks Canadian businesses based on five-year revenue growth.
The world leader in aquatic play solutions, Vortex reported a five-year revenue growth of 257%. Remarkably, the two-decade old company's growth has increased each year since 2015, when the company posted 84% growth. Over the past five years, Vortex has invested in innovative products, design services, and infrastructure in order to create customer value. In addition, Vortex has redefined the conventional industry business model by investing in local sales and service offices and local account management personnel to ensure that new innovations are well communicated, understood and deployed.
"The companies on the 2018 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today," says Deborah Aarts, Growth 500 program manager. "As we celebrate 30 years of the Canada's Fastest-Growing Companies program, it's encouraging to see that entrepreneurship is healthier than ever in this country."
"Being ranked among Canada's Fastest-Growing Companies for the fourth consecutive year is a true testament to our employees' and partners' dedication, and our commitment to innovation," says Stephen Hamelin, President and CEO of Vortex.
Vortex has continued to work in key sectors including retail, hotel and resorts, municipality, entertainment and campgrounds and in growing geographies. The company has seen strong growth in cruise ships, camping, resorts and amusement parks.
The company is committed to product innovation, which continues to win recognition via industry awards. Each year, Vortex launches new products and product lines enabling Vortex to offer a comprehensive solution to clients in all key market segments.
About the Growth 500
For 30 years, the Growth 500 ranking of Canada's Fastest-Growing Companies has been Canada's most respected and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in a special Growth 500 print issue of Canadian Business (packaged with the October issue of Maclean's magazine) and online at Growth500.ca and CanadianBusiness.com, the Growth 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking, visit Growth500.ca.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.