Plasmart, Inc. Places Eighth on the Profit 100 Ranking of Canada’s Fastest-Growing Companies

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PlaSmart, Inc. is named Canada's eighth fastest-growing company by PROFIT Magazine

Canada’s Fastest-Growing Companies are the poster children for entrepreneurship, innovation and pure tenacity; they demonstrate what it takes to succeed in today’s highly competitive, technology-driven global economy.

PlaSmart, Inc. is pleased to announce that it has been named the eighth fastest-growing company in the 22nd annual PROFIT 100 ranking of Canada’s Fastest-Growing Companies by PROFIT Magazine. For PlaSmart, who finished 13th in the 2009 ranking, the escalation into the top ten for 2010 represents and underscores the significant increase in demand, both globally and domestically, for their award-winning line of products. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 100 profiles the country’s most successful growth companies.

PlaSmart is an Ottawa based manufacturer, designer, and distributor of children’s toys with a philosophy of developing and introducing smart, simple and fun toys with a unique twist. Beginning with the introduction of the Plasmacar into the Canadian market in 2003, PlaSmart has continued to design and distribute multi-award winning products such as Perplexus, Yummy Dough, Plasmacar and I-gami, with distribution of its many product lines on five continents and in over fifty countries.    

According to Ian Portsmouth, editor of PROFIT 100, “Canada’s Fastest-Growing Companies are the poster children for entrepreneurship, innovation and pure tenacity; they demonstrate what it takes to succeed in today’s highly competitive, technology-driven global economy.” This succinctly describes PlaSmart’s attitude and business approach of under promising and over delivering to its retail partners with regards to its various products. The placement of eighth on the PROFIT 100 ranking highlights this, and is the latest of many awards and accolades bestowed upon PlaSmart since 2003. Tim Kimber, founder and President of PlaSmart explains in part the success of his company: “We resist the pull to add items for the sake of showing retailers something new. We focus on delivering products that offer a unique value for retailers and their customers alike. We are extremely proud to be recognized as one of the Fastest-Growing Companies in Canada. To continue our strong growth in a challenging economic environment is a testament to the dedication and work ethic of our staff, retail, and supplier partners.”

Published in the June issue of PROFIT and online at PROFIT100.com, the PROFIT 100 is Canada’s largest annual celebration of entrepreneurial achievement.
For more information about one of Canada’s Fastest-Growing Companies, please visit http://www.plasmarttoys.com. Or contact us at sales(at)plasmacar(dot)com.

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TIMOTHY KIMBER
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