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Romet Named 2019 Best Managed Company

Honored as Best-in-Class Canadian Owned and Operated Enterprise

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TORONTO, March 14, 2019 (GLOBE NEWSWIRE) -- Romet Limited today announced it has been named one of Canada’s Best Managed Companies for the third consecutive year. The Mississauga, Ontario provider of natural gas meters and meter-related services was one of 477 private Canadian companies recognized.

“We are pleased to have been awarded this prestigious designation,” said Brent Collver, P.Eng., Romet’s chief executive officer. “This recognition reflects the continued commitment of our entire team to provide the rugged, reliable and responsive products and services valued by customers worldwide.”

Each year hundreds of entrepreneurial companies with revenues of $15 million or more are evaluated by a judging panel comprised of a select group of independent members and rotating special guest representatives. Only the top-performing Canadian owned companies are selected to be on the best-managed list.

The rigorous application process evaluates four key areas of company performance: Strategic vision, capability, commitment and return-on-investment. Established in 1993, Canada’s leading business awards program was sponsored this year by Deloitte, CIBC, Canadian Business, Smith School of Business, and the Toronto Stock Exchange.

“It’s gratifying to be recognized once again as one of Canada’s Best Managed Companies,” said Roy A. Sutterfield, Romet’s vice chairman of the board. “We attribute our success to an unrelenting focus on customers, the industry and the role of natural gas as a primary energy source,” he said, adding that the introduction of new and enhanced offerings, the move to a state-of-the-art manufacturing facility and recent global expansion contributed to Romet’s repeat recognition.

About Canada’s Best Managed Companies

Established 26 years ago, Canada's Best Managed Companies recognizes excellence among Canadian owned and managed companies with annual revenues over $15 million. Each year entrepreneurial companies compete for the designation in a process that evaluates the caliber of management abilities and practices. Awards are granted at four levels: New Winner (first-time winner); Winner (second and/or third consecutive year winner); Gold Standard Winner (fourth, fifth and/or sixth consecutive year winner); and Platinum Club Winner (seventh or more consecutive year winner). For more information visit www.bestmanagedcompanies.ca.

About Romet Limited

Romet is an international market leader in positive displacement rotary gas meters, electronic volume, temperature instrumentation and auxiliary equipment for the natural gas industry. Founded in 1972, the Toronto-based company markets and sells its products through authorized agents, representatives and distributors worldwide, and is known for high-quality products, innovative technology and strong commitment to customer service. Named one of Canada’s Best Managed Companies in 2017, 2018 and 2019, Romet has experienced double-digit, year-over-year growth for the past seven years. For more information visit www.rometlimited.com.

/EIN News/ --

Romet Limited
romet@rometlimited.com 

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Distribution channels: Building & Construction Industry


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