Top 10 Canadian Construction companies [Canadian Construction]

Top 10 Canadian Construction companies

shutterstock_78551506The Canadian economy’s recovery from the recession has had wide-ranging impacts on domestic industries over the past five years. The ten fastest-growing industries over the past five years, measured by average growth in sales per year and compiled from IBISWorld’s 424 Canadian industry reports, feature industries from a variety of sectors, including heavy manufacturing, wholesaling and professional business services.

While each industry exhibited strong revenue growth, some have experienced cyclical growth while others have grown due to more secular trends. For example, the Nonferrous Metal Foundry Products Manufacturing industry has merely recovered from poor performance during the economic downturn and is unlikely to reach prerecessionary revenue levels. In contrast, up-and-coming industries, such as recycling facilities, have flourished due to longer-term shifts in consumer preferences.cana2 Similarly, industries such as fertilizer manufacturing have experienced wildly fluctuating demand, while others, such as the Beauty, Cosmetics and Fragrance Stores industry, have grown steadily over the five-year period.

Five-year annual growth rate: 12.7%

Unlike the broader metal manufacturing sector, the Nonferrous Metal Foundry Products industry has outperformed the economy as a whole during the past five years, although its high growth rate is mostly due to a quick postrecessionary recovery. Despite recent growth, the industry continues to face intense import competition, which has forced many companies out of the industry in recent years. Remaining domestic manufacturers have increasingly offered value-added services such as design support, custom-made castings and metallurgical testing to compete more effectively against low-cost imports. Nonetheless, foreign competition is expected to slow the industry’s growth considerably during the next five years. However, successful Canadian metal foundries will continue to work with domestic customers to design high-precision, customized castings.

You might also like
Top 10 Most Profitable Companies 2015 [HD]
Top 10 Most Profitable Companies 2015 [HD]
Top 10 Construction Projects (White Elephants) That Were
Top 10 Construction Projects (White Elephants) That Were ...
Top 10 Cell Phone Companies
Top 10 Cell Phone Companies
Prints Online Photo Jigsaw Puzzle of A factory of the Canadian Kodak company
Home (Prints Online)
  • Photo Jigsaw Puzzle You Are Purchasing A Photo Puzzle. Estimated image size 356x254mm
  • 10x14 Photo Puzzle with 252 pieces. Packed in black cardboard box of dimensions 5 5/8 x 7 5/8 x 1 1/5. Puzzle artwork 5x7 affixed to box top. Puzzle pieces printed...
  • Artwork Description A factory of the Canadian Kodak company A factory of the Canadian Kodak company under construction. C. 1915.
  • Artwork chosen by Prints Online. (c) Mary Evans / Pharcide
  • For any queries regarding this artwork please contact Prints Online quoting Reference 7334840
Top 10 Canadian Comedians
Top 10 Canadian Comedians
Top 10 Richest Companies In the World
Top 10 Richest Companies In the World
Top 10 Construction Logos
Top 10 Construction Logos

Related Posts