Ontario-based Lorenz Conveying Products has made the Profit 500 list of Canada’s fastest growing companies.
Headquartered in Cobourg, Ont., Lorenz reported a five-year revenue growth of over 53 per cent – good enough to place #485 on the 26th annual Profit 500. Published in the July issue of Canadian Business and online at PROFITguide.com, the Profit 500 ranks Canadian businesses by their revenue growth over five years. This is Lorenz’s first time making the list.
“All of us at Lorenz are extremely proud to be on the Profit 500 ranking this year and we hope to rank even higher for the 2015 awards,” said company president Peter Lorenz. “This achievement reflects the strength of our product and the dedication of our team.”
Lorenz manufacturers pneumatic conveying components and accessories for the plastics and packaging, chemical, grain milling, and food industries.