An Owen Sound-based life-safety equipment company is being named one of Canada’s Best Managed Companies.
President of Troy Life & Fire Safety Ltd. Jim McCoubrey says, “It means that some confirmation of the way our business has been run over the years and the importance of a team-based organization, not just here in Owen Sound, but right across the country.”
Troy Life & Fire Safety has 28 branches across Canada which exclusively sells and services fire detection, suppression, sprinkler systems, and other life safety equipment.
The Canada’s Best Managed Companies program was launched in 1993 and are awarded to several businesses each year, which undergo an evaluation process.
Troy Life & Fire Safety was one of hundreds competing for this recognition.
McCoubrey says the company has achieved significant growth over the last five years by building its annual revenue and increasing its workforce by 60 per cent.
“The implementation of strategies and programs to close the gap on skilled and specialized trades assisted with increasing our workforce. Also key to our success was the initiative to roll our a major technology transformation that positioned us for this growth and allowed us to easily pivot and adapt,” says McCoubrey.