Lorenz Conveying Systems makes list of 500 fastest growing companies in Canada
For the third year in a row, Cobourg, Ont.-based Lorenz has made the Profit 500 list.
For the third year in a row, Lorenz Conveying Products has made the list of Canadian Business magazine’s top 500 fastest growing companies in the nation.
Cobourg, Ont.-based Lorenz placed 476 on the magazine’s Profit 500 list of Canada’s fastest growing companies, with a five-year revenue growth of over 79 per cent; Lorenz also ranked 89th on the list for manufacturing out of the 95 manufacturing firms on this year’s overall list of 500.
“This achievement shows the commitment our employees and management have to keeping our company strong, innovative, and successful,” said company president Peter Lorenz. “I think it also shows that Canada’s strong manufacturing base is doing well.”
Lorenz provides diverter valves, slide gates, couplings, elbows, fittings, and custom fabrication for pneumatic and vacuum bulk conveying systems.