Vancouver (September 12, 2019) Canadian Business and Maclean’s today ranked Burnaby, BC’s Greenlight Innovation No. 226 on the annual Growth 500, the definitive ranking of Canada’s Fastest-Growing Companies. The Growth 500 ranks Canadian businesses on five-year revenue growth.
Greenlight Innovation made the 2019 Growth 500 list with five-year revenue growth of 406%
The company also ranked No. 25 in the list of growing companies based in Metro Vancouver. Greenlight is continuing to welcome new engineers and technicians to the team as the business expands.
“We are excited to have accelerated significantly in the rankings this year,” says Managing Director, Ross Bailey. “It’s a testament to the positive momentum of the global hydrogen fuel cell industry. The staff at Greenlight Innovation are honoured to be recognized on the Growth 500 list, which reflects not only the strengths of our talented teams, but how the worlds’ major automotive OEMs, leading universities, and research institutions continue to rely on Greenlight’s advanced testing and manufacturing equipment to provide world-class tools for their clean energy programs.”
Greenlight Innovation makes the tools required to commercialize alternative energy technologies. Since 1992, Greenlight has produced equipment used in the development and manufacture of hydrogen fuel cells, batteries and energy storage devices.
“The companies on the 2019 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today,” says Beth Fraser, Growth 500 program manager. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies program, it is encouraging to see that entrepreneurship is healthier than ever in this country.”
About the Growth 500
For over 30 years, the Growth 500 has been Canada’s influential ranking of entrepreneurial achievement. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the Growth 500 profiles the country’s most successful growing businesses. Winners are profiled in a print issue of Canadian Business (packaged with the October issue of Maclean’s magazine) and online. Growth500.ca.
About Greenlight Innovation
Greenlight is the global leader in fuel cell testing and manufacturing solutions, with the largest installation base of fuel cell testing solutions, battery test systems and energy storage testing worldwide.