Classic Construction Ltd. a PROFIT 100 Entrepreneurial All-Star

The 21st annual PROFIT 100 ranking of Canada’s Fastest-Growing Companies has been announced with Classic Construction Ltd. ranked for the second straight year rising to be the 11th fastest growing company in Canada.

Every June, Profit Magazine compiles a list of Canada’s top 100 Entrepreneurial All-Stars in their PROFIT 100 Fastest Growing Companies issue. The rating is based on the Company’s five-year revenue growth from 2003-2008. Overcoming uncertain times and a recession in the economy each of the 100 companies represented this year has shown a minimum eye-popping 899% growth since 2003. Classic Construction Ltd. has surpassed this margin with growth of an astonishing 4,699%, proving that Canada’s companies can not only weather this storm, they can conquer it.

With innovative ideas that have transformed the construction industry, their unique approach to home-ownership, and their willingness and desire to serve the communities they live and work in, it’s no surprise that Classic Construction Ltd. has risen in the ranks, gaining 7 spots over last year’s 18th place rating.

In the words of PROFIT Editor Ian Portsmouth, “Create innovative products, apply smart management practices or fill market gaps, and your company is likely to grow. Do all three, and you’ll have yourself a PROFIT 100 business.” Rounding out the top qualities Portsmouth says they were able to recognize in all of their top listings is an overwhelming optimism and hope for the future, not only for their own companies but for Canada as a whole.

“Admittedly, entrepreneurs are a naturally hopeful bunch,” says Portsmouth. “But why shouldn’t the PROFIT 100 believe they’ll have a particularly bright future? They’ve already blasted through such barriers as a strong Canadian dollar, high fuel prices and a shortage of qualified labour. They’ve also overcome the traditional challenges of entrepreneurial existence, such as finding sufficient capital and beating the stigma that accompanies being the new kid on the block — or just a different one. And in doing so, they’ve achieved average five-year revenue growth of 2,262%”.

How has Classic Construction managed to do it? The key to their success is their ever-changing and flexible approach to meeting the needs of those who matter – their customers. Whether it’s a maintenance-free condominium with a multitude of amenities that makes life easier, or a free-standing environmentally friendly Built Green affordable home that makes life better, Classic is devoted to ensuring that home ownership is not just a luxury for a few, but a possibility for all.

“In these challenging times,” says Murray Prokosch, CEO Classic Construction Ltd., “we believe that by remaining flexible in our approach and coming up with new and innovative ideas, like our Builder’s Mortgage Assistance Plan and our new entry into Built Green homes, we’ll not only be able to sustain our growth, we’ll also be able to sustain the commitment we have to making homeownership an affordable reality.”

 

For further Information contact:
Kris Trail
Creative Director – Marketing & Advertising
Phone: (403) 529-1023 Fax: (403) 529-1059
Email: kris@cclhomes.com
Website: http://www.cclhomes.com