Armatec Survivability is up for yet another honour. Recently, Karl Pfister, the CEO and president, found out that his company reached the finals for the Ontario Going Global - medium business achievement award.
“I have a very good team,” Pfister said humbly. He is excited about the honour, particularly the category, because he looks forward to Armatec’s entrance on the world stage and the recognition it will bring to Dorchester. “It’s a great reflection on what we can do in our community.”
The award will be presented to a medium-sized business (with between 50 and 500 employees) that has implemented an export strategy that has positively affected its bottom line.
The criteria for the award are: good financial standing, medium sized business (50 to 500 employees), demonstrated innovation through product/service development and commercialization leading to an expansion of global markets, product and/or service must be manufactured and/or delivered from Ontario, growth in export sales of at least 20 per cent over the past year, annual sales of over $5 million, export sales at least 40 per cent of total sales, demonstrated significant growth in export sales for a minimum of three years and a proven ability to create new jobs. Armatec had to answer questions and supply documents to provide the necessary details. Representatives will be shooting footage for the award ceremony at the Dorchester business.
The London Chamber of Commerce nominated the company for the honour following Armatec’s win at their award ceremony earlier this year in the large business of the year category.
Armatec provides the Canadian Forces and allied militaries with holistic survivability solutions for both wheeled and tracked armoured vehicles. They also won the London chamber’s innovation award two years ago.