– PROFIT and Canadian Business unveils 28th annual list of Canada’s Fastest-Growing Companies
(September 15, 2016) Canadian Business and PROFIT today ranked Radix Inc. number 144th on the 28th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Radix Inc. made the 2016 PROFIT 500 list with five-year revenue growth of 477%.
“Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe.”
“With a portfolio of in demand solutions designed for the digital factory, Radix is delighted to have achieved our position on this high growth list. Our outstanding Radix team deserves this unique recognition”, says Radix President, Ross Rawlings.
Chuck Curtiss, President of AIS Automation, Gauge & Fixture says “The engaged problem solvers at Radix have a vision for what will be essential to excel in tomorrow’s global manufacturing market. Their addition to the portfolio of “Active” industrial solutions has supported the strong growth curve for all the AIS companies. “
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, 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. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.
About Radix and Active Industrial Solutions
Founded in 1994, Radix has been recognized for its innovative solutions for manufacturers, with award winning vision systems and other advanced manufacturing technologies in major North American auto plants, as well as pharmaceutical, food/beverage and aerospace manufacturers. Radix has been recognized by PROFIT for outstanding growth in the past.
Active Industrial Solutions (AIS), a diversified leader in plastic injection molds, gauges & fixtures, precision machining and factory automation, has a strong history of value added solutions for a variety of manufacturing sectors. AIS is the majority owner of Radix Inc.
Radix Inc and AIS are both privately held companies based in Ontario with operations in Michigan, Tennessee, Quebec & India.