Polycorp Ltd., a designer and manufacturer of engineered rubber parts for the mining, industrial protective linings and transportation industries, announced that it has been chosen as one of Canada's 50 Best Managed Companies for 2011.This prestigious award is sponsored by Deloitte, CIBC Commercial Banking, National Post and Queen's School of Business.
Established in 1993, Canada's 50 Best Managed Companies is the country's leading business awards program, recognizing excellence in Canadian-owned and managed companies with revenues over $10 million. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates how companies address various business challenges, including new technologies, globalization, leadership, developing core competencies and hiring the best talent to facilitate and support growth. An independent panel of judges selects the final 50 award winners.
"We are honored to receive this prestigious award", said Peter Snucins, president and CEO Polycorp Ltd. "Due to the hard work and dedication of our employees, we have grown the company by building upon our strong heritage that began with B.F. Goodrich Canada Engineering Products. Our continued growth in all three divisions, coupled with this distinction, validates that we are on the right track."