Hibar Systems Limited Selected for 2017 Private Business Growth Award

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Hibar Systems Limited has been chosen as one of the Top 10 Finalists for the prestigious Private Business Growth Award.

Celebrating its fifth year, the award developed by Grant Thornton LLP and The Canadian Chamber of Commerce, recognizes some of Canada’s best private businesses who have made remarkable achievements in strategic, sustainable and holistic growth.

Selected by an 8-person jury, the Top 10 Finalists were chosen based on a five categories including innovation, market development, people and culture, strategic leadership and improvement in financial measures.

Mr. Iain McColl, President and CEO of Hibar Systems Limited said, “As an Ontario based SME, we are thrilled to be recognized as a finalist for this prestigious award and I would like to offer my sincere appreciation and congratulations to the entire Hibar Team on this significant achievement”.

With over 95% of the company’s annual sales exported to global markets in countries such as Germany, France, UK, USA, Japan, Hong Kong, China and Taiwan, Hibar Systems Limited is a key supplier to many industry leaders and has generated a Compound Annual Growth Rate of over 17% in the past 3 years - and is in a strong position to see continued, significant growth in the future.

“The finalists demonstrate a collective passion for hard work, commitment and perseverance which underlines their importance in the Canadian economy,” said Kevin Ladner, FCPA, CA, CBV, CEO and Executive Partner, Grant Thornton LLP. “Their desire to contribute to the prosperity of local communities is an inspiration, and I wish each success at the upcoming gala ceremony.”

“The finalists are among the best and the brightest of Canada’s private businesses. Their accomplishments speak volumes about the entrepreneurial spirit and resourcefulness present in every region in Canada,” said the Hon. Perrin Beatty, President and CEO of the Canadian Chamber of Commerce. “It is impressive to see such a diverse range of businesses represented in the Top 10. By celebrating their achievements, we hope to inspire many more entrepreneurs to follow in their path.”

The official 2017 Private Business Growth Award winner will be announced at a gala ceremony on November 14, 2017. For the full list of Top 10 Finalists, and more information on the Private Business Growth Award, please visit http://www.PrivateBusinessGrowthAward.com.

About the Private Business Growth Award
The Private Business Growth Award recognizes Canadian-owned, privately-held businesses that have been in business a minimum of three years, have $5 million or more in revenues and have demonstrated outstanding strategic growth. A partnership between The Canadian Chamber of Commerce and Grant Thornton LLP, 2017 marks the fifth year this national business award has recognized and celebrated the successful growth of private businesses in Canada. A jury of high-profile Canadian business leaders selects the Top 10 finalists and one winning company based on the following criteria: innovation, market development, people and culture, strategic leadership, and improvements in financial measures.

About Hibar Systems Limited
Founded in 1974, Hibar Systems Limited is recognized internationally as a premier manufacturer of advanced, discrete dose pumps and dispensing systems. These systems are custom designed for applications requiring precision accuracy liquid dispensing - in industries such as: food and beverage, cosmetic, pharmaceutical and technical. The company also specializes in the custom design and manufacture of sophisticated, high speed assembly machines and advanced production automation solutions – with a specialization in battery manufacturing - for many of the world’s leading manufacturers of consumer goods.

About Grant Thornton LLP in Canada
Grant Thornton LLP is a leading Canadian accounting and advisory firm providing audit, tax and advisory services to private and public organizations. We help dynamic organizations unlock their potential for growth by providing meaningful, actionable advice through a broad range of services. Together with the Quebec firm Raymond Chabot Grant Thornton LLP, Grant Thornton in Canada has approximately 4,000 people in offices across Canada. Grant Thornton LLP is a Canadian member of Grant Thornton International Ltd, whose member and correspondent firms operate in over 100 countries worldwide. A listing of Grant Thornton offices and contact information can be found at: http://www.GrantThornton.ca.    

About The Canadian Chamber of Commerce

The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 450 chambers of commerce and boards of trade, representing 200,000 businesses of all sizes in all sectors of the economy and in all regions. Follow us on Twitter @CdnChamberofCom.

For further information, or to arrange an interview, contact:
Hibar Systems Limited:
Iain McColl
T +1-905-731-2400
E imccoll(at)hibar.com

Grant Thornton LLP:
Victoria Rivers
Media Relations Manager
T +1 416 607 4163
E Victoria.Rivers(at)ca.gt.com

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Iain McColl
Hibar Systems Limited
+1 (905) 731-2400 Ext: 337
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