Damotech makes fastest-growing ranking

MONTREAL  – Canadian Business and Maclean’s today ranked Damotech No. 378 on the 30th annual Growth 500, the definitive ranking of Canada’s Fastest-Growing Companies.

The Growth 500 ranks Canadian businesses on five-year revenue growth.

Founded in 1989, Damotech is the largest provider of rack repair solutions in North America. Dedicated to safety, Damotech helps warehouse owners keep their working environment safe by inspecting, repairing and preventing damage to their pallet racking systems.

The company manufactures custom repair products to address damage after it occurs. It also performs rack conformity inspections and load capacity calculations through its engineering services arm, and offers the only truly dedicated rack inspection and management software in the industry.

“For Damotech, which operates in a traditional industry, being part of the Growth 500 list for 2018 is quite an accomplishment,” says Eric Naaman, CEO.

“Substantive investments were made in the last eight years to fuel that growth. We invested heavily in a new LEED accredited manufacturing facility in Boisbriand, making the production process as automated and efficient as possible. We also substantially grew our dealer network in Canada and the US further accelerating our progression in those markets.”