Annual 2014 rankings of Atlantic Canada's TOP 101 companies

Here is a peek inside Atlantic Canada’s TOP 101 Companies. These are the region’s top performers, and they’re dominating their sectors, creating jobs, and setting the stage for growth. Top-line revenues, assets, employees, growth rates, and other vital statistics are collected and measured annually to provide the basis for the following rankings.

 

No. 1
Empire Company Limited

HQ: Stellarton, N.S.
Industry sector: Retail
Revenue: $20,993,000,000
One-year growth: 21%
Assets: $12,238,000,000
Total employees: 125,000
President/CEO: Marc Poulin
Key businesses include food retailing and related real estate operations throughout Canada.
 

No. 2
Fortis Inc.

Industry sector: Mining and energy
HQ: St. John’s
Revenue: $4,047,000,000
One-year growth: 11%
Assets: N/D
Total employees: 8,200
President/CEO: Barry Perry/H. Stanley Marshall
 
A closer look
Fortis Inc. has gone through huge growth in the past 10 years. In the middle of Newfoundland and Labrador’s energy boom, its revenues grew by 11% in the last year. The company bought CH Energy Group Inc. in 2013 for $1.5 billion (U.S.), its first U.S. acquisition. This year Fortis acquired UNS Energy Corp., an Arizona utility company, for $4.5 billion (U.S.). Currently, the company is completing a $400-million expansion with its subsidiary, FortisBC Inc. — Julie Sobowale
 

No. 3
Bell Aliant regional Communications

HQ: Halifax
Industry sector: IT and telecommunications
Revenue: $2,800,000,000
One-year growth: 1%
Assets: $7,900,000,000
Total employees: 6,300
President/CEO: Karen Sheriff
 
A closer look
Through its operating entities, Bell Aliant serves customers in six Canadian provinces with innovative information, communication, and technology services, including voice, data, Internet, video, next-generation home security, and value-added business solutions.


No. 4
Emera Inc.

HQ: Halifax
Industry sector: Energy utility
Revenue: $2,230,200,000
One-year growth: 8%
Assets: $8,876,800,000
Total employees: 3,558
President/CEO: Christopher Huskilson
Generates and distributes electricity through hydroelectric, wind, and natural gas sources.
 

No. 5
Jazz Aviation LP

HQ: Dartmouth
Industry sector: Transportation
Revenue: $1,672,060,000
One-year growth: -2%
Assets: $976,925,000
Total employees: 4,354
President/CEO: Joseph Randell
Jazz Aviation LP (Jazz) is wholly owned by Chorus Aviation Inc. Two airline divisions operated by Jazz: Air Canada Express and Jazz Charters.
 

No. 6
High Liner Foods Incorporated

HQ: Lunenburg, N.S.
Industry sector: Food and beverages
Revenue: $947,300,648
One-year growth: 0%
Assets: $676,358,303
Total employees: 1,496
President/CEO: Keith Decker/ Henry Demone
Processor and marketer of value-added frozen seafood. Branded products under the High Liner, Fisher Boy, Mirabel, Sea Cuisine, Icelandic Seafood, FPI, Viking, Mirabel, Samband of Iceland, and American Pride Seafood labels are sold at retail, to restaurants and institutions, and to North American food retailers and food-service distributors. 
 

No. 7
Wilsons

HQ: Halifax
Industry sector: Energy
Revenue: $649,003,400
One-year growth: 2%
Assets: N/D
Total employees: 475
President/CEO: Ian Wilson
Retail and wholesale gasoline, furnace oil, and propane. Installs heating/cooling equipment and provides security and monitoring to homes and businesses.
 

No. 8
Co-op Atlantic

HQ: Moncton
Industry sector: Retail
Revenue: $641,709,902
One-year growth: 1%
Assets: $145,326,929
Total employees: 550
President/CEO: Adélard Cormier/Paul-Émile Légère
The second-largest co-operative wholesaler in Canada, the largest co-operative organization in Atlantic Canada, and the region’s only grower-to-grocer food provider. Provides food, agricultural, energy, and social housing/real estate services to organizations and businesses in more than 180 communities. Also manages three private banner formats: Valufoods and VillageMART grocery stores and RiteSTOP convenience stores.
 

No. 9
Nova Scotia Liquor Corporation

HQ: Halifax
Industry sector: Food and beverages
Revenue: $592,942,893
One-year growth: 2%
Assets: $111,860,000
Total employees: 1,500
President/CEO: Bret Mitchell
Provides alcoholic beverages through retail outlets.
 

No. 10
O’Regan’s Automotive Group

HQ: Dartmouth, N.S.
Industry sector: Automotive
Revenue: $465,000,000
One-year growth: 6%
Assets: $194,000,000
Total employees: 740
President/CEO: Patrick O’Regan/Sean O’Regan
Automotive sales and service.
 

No. 11
Clearwater Seafoods Limited Partnership

HQ: Bedford, N.S
Industry sector: Food and beverages
Revenue: $388,659,000
One-year growth: 11%
Assets: $414,582,000
Total employees: 1,400
President/CEO: Greg Morency/Ian Smith
One of North America’s largest vertically integrated seafood companies and the largest holder of shellfish licences and quotas in Canada.
 

No. 12
Major Drilling Group International Inc.

HQ: Moncton
Industry sector: Mining and energy
Revenue: $355,000,000
One-year growth: -49%
Assets: $592,000,000
Total employees: 2,448
President/CEO: Francis McGuire
A leading provider of drilling services, primarily to the mining industry.
 

No. 13
Maritime Travel Inc.

HQ: Halifax
Industry sector: Travel and tourism
Revenue: $313,469,828
One-year growth: 9%
Assets: $15,038,797
Total employees: 389
President/CEO: Gary Gaudry/Robert Dexter
Full-service travel-management provider for corporate and leisure clients.
 

No. 14
Clarke Inc.

HQ: Halifax
Industry sector: Transportation/real estate
Revenue: $296,976,000
One-year growth: 27%
Assets: $298,387,000
Total employees: 13
President/CEO: Michael Rapps
Holding company with investments in a diversified group of businesses, operating primarily in Canada.


No. 15
Armour Transportation Systems

HQ: Moncton
Industry sector: Transportation
Revenue: $275,000,000
One-year growth: 6%
Assets: $148,000,000
Total employees: 1,892
President/CEO: Wesley Armour
Truckload and LTL for hire carrier, warehousing, and logistics. 
 

No. 16
Vector Aerospace Engine Services–Atlantic (ES-A)

HQ: Slemon Park, P.E.I.
Industry sector: Aerospace and defence
Revenue: $274,282,950
One-year growth: 21%
Assets: $54,810,415
Total employees: 609
President/CEO: Jeff Poirier/Declan O’Shea
Provider of maintenance, repair, and overhaul (MRO) services for fixed-wing and rotary-wing aircraft operators around the globe.
 

No. 17
Hickman Automotive Group

HQ: St. John’s
Industry sector: Automotive
Revenue: $270,334,187
One-year growth: 16%
Assets: $118,000,000
Total employees: 435
President/CEO: Bert Hickman/Jon Hickman
Owns and operates nine automotive franchises representing GM, Chrysler, Volvo, Mack, Nissan, and Isuzu trucks, plus other automotive-related businesses.
 

No. 18
Lounsbury Group of Companies

HQ: Moncton
Industry sector: Automotive/retail
Revenue: $229,081,000
One-year growth: 7%
Assets: $111,083,000
Total employees: 400
President/CEO: Larry Nelson
New and pre-owned automotive retail sales and service, Class 8 heavy-duty truck sales and service, retail furniture and appliances, and real estate holdings.
 

No. 19
Oceanex Inc.

Industry sector: Transportation
HQ: St. John’s
Revenue: $200,260,000
One-year growth: 4%
Assets: $239,446,000
Total employees: 396
President/CEO: Sidney Hynes
 
A closer look
Innovative design and capital investments are the future for Oceanex. The transportation giant partnered with Flensburger Schiffbau-Gesellschaft, a German shipbuilding company, to create a custom-built, state-of-the-art cargo ship. After four years of collaboration, the result is the one of the most environmentally friendly ships in the world. The Oceanex Connaigra is the largest Canadian Flag Con/Ro ship, a hybrid container vessel and roll-on/roll-off ship with up to 19,300 tonnes of dead weight and 13,700 square metres of available space. The ship also uses 30% less fuel compared to others with a similar capacity, reducing the company’s carbon dioxide emissions by almost 20,000 tonnes per year. — J.S.
 

No. 20
Marco Group of Companies

HQ: St. John’s
Industry sector: Construction products and services
Revenue: $153,000,000
One-year growth: 9%
Assets: N/D
Total employees: 75
President/CEO: Allan MacIntosh/Christopher Hickman
Commercial, retail, entertainment, and institutional sectors of the Atlantic Canada construction industry, acting as project managers, general contractors, and developers.
 

No. 21
Killam Properties Inc.

HQ: Halifax
Web: killamproperties.com
Industry sector: Real estate/property management
Revenue: $141,112,000
One-year growth: 6%
Assets: N/D
Total employees: 507President/CEO: Philip Fraser
Owns and operates apartments and manufactured-home communities in Canada.

No. 22
Assumption Life

HQ: Moncton
Industry sector: Insurance
Revenue: $136,895,000
One-year growth: -15%
Assets: $1,344,330,000
Total employees: 196
President/CEO: André Vincent
Offers individual life insurance, group insurance, financial services, pension plans, and mortgages.
 

No. 23
Amalgamated Dairies Limited

HQ: Summerside, P.E.I.
Web: adl.ca
Industry sector: Food and beverages
Revenue: $135,300,000
One-year growth: 2%
Assets: $53,700,000
Total employees: 244
President/CEO: Garnet Schellen
Manufactures and distributes dairy and other food products.
 

No. 24
Newfoundland Capital Corporation Limited

HQ: Dartmouth, N.S.
Web: ncc.ca
Industry sector: Radio broadcasting
Revenue: $132,597,000
One-year growth: 3%
Assets: $235,605,000
Total employees: 800
President/CEO: Robert Steele
Radio broadcaster with licences across Canada.
 

No. 25
Scotsburn Dairy Group

HQ: Scotsburn, N.S.
Industry sector: Food and beverages
Revenue: $129,768,000
One-year growth: -5%
Assets: $94,000,000
Total employees: 385
President/CEO: Doug Ettinger
A leading processor and distributor of ice cream and related novelties in Canada.
 

No. 26
PCL Constructors Canada Inc.–Atlantic

HQ: Edmonton
Web: pcl.com
Industry sector: Construction products and services
Revenue: $113,600,000
Assets: N/D
Total employees: 59
President/CEO: John Volcko, VP and district manager (Atlantic Canada)
General contracting and construction management.
 

No. 27
MacDonald Auto Group

HQ: Sydney, N.S.
Industry sector: Automotive
Revenue: $100,000,000
One-year growth: 19%
Assets: N/D
Total employees: 190
President/CEO: Jim MacDonald
Automobile sales.
 

No. 28
DHX Media Ltd.

HQ: Halifax
Web: dhxmedia.com
Industry sector: Arts and culture
Revenue: $97,263,000
One-year growth: 34%
Assets: $324,397,000
Total employees: N/D
President/CEO: Michael Donovan
Produces and distributes TV programming and interactive content with an emphasis on children, family, and youth markets.
 

No. 29
Southwest Properties

Industry sector: Real estate/property management
HQ: Halifax
Revenue: $95,537,000
One-year growth: 7%
Assets: N/D
Total employees: 107
President/CEO: Gordon Laing/Jim Spatz

A closer look
This summer it was announced that Southwest and Streamliner Properties will be the development partners for the new 70,000-square-foot YMCA Centre of Community. The development includes a residential and retail component. Southwest is also working on two downtown residential projects–Maple at Hollis and Sackville and the Cunard Block on the Halifax waterfront. In addition, it is developing the former Motherhouse lands. The proposed 63–acre sustainable community is called Seton Ridge. The company places value on employee engagement and growth. In addition to weekly management meetings and quarterly company-wide meetings, the company encourages continuing education for employees and covers 50% to 100% of tuition fees for any completed courses. — J.S.
 

No. 30
Halifax International Airport Authority

HQ: Enfield, N.S.
Industry sector: Transportation
Revenue: $87,068,000
One-year growth: 10%
Assets: $414,617,000
Total employees: 175
President/CEO: Joyce Carter
Provides airport facilities, infrastructure, and services to travellers, airlines, tenants, and aviation service providers.
 

No. 31
Heritage Gas Limited

HQ: Dartmouth, N.S
Industry sector: Energy utility
Revenue: $86,054,500
One-year growth: 80%
Assets: $305,329,985
Total employees: 68
President/CEO: Bill Swan
Operates a fully regulated natural gas-distribution franchise in Nova Scotia, serving communities in Halifax, Pictou, Amherst, and Oxford.
 

No. 32
Plaza Retail REIT

HQ: Fredericton
Industry sector: Real estate/property management
Revenue: $84,700,000
One-year growth: 56%
Assets: N/D
Total employees: 150
President/CEO: Michael Zakuta
Owns, develops, and redevelops shopping centres and retail properties across Canada.
 

No. 33
Northumberland Cooperative Limited

HQ: Miramichi, N.B.
Industry sector: Food and beverages
Revenue: $73,671,325
One-year growth: -4%
Assets: N/D
Total employees: 211
President/CEO: Jack Christie
Processes and distributes milk and dairy products.
 

No. 34
Cherubini Metal Works Limited

Industry: Construction products and services
HQ: Dartmouth, N.S.
Revenue: $68,161,000
One-year growth: 9%
Assets: $72,323,000
Total employees: 350
President/CEO: Danilo Gasparetto
 
A closer look
Business is booming for this construction company specializing in bridge and steel fabrication. Revenue is up by more than 8% from last year. Last summer, Cherubini completed a major construction project for the Morgantown Power Ductwork in Maryland. To keep up with demand, the Burnside facility was retired to make way for a new 100,000-square-foot facility. Cherubini increased its manpower last year with new hires and expects to hire more this year. Its success is gaining national recognition; this year, Cherubini was named one of Canada’s Best Managed Companies. — J.S.
 

No. 35
Trucorp Investments Incorporated

HQ: Truro, N.S.
Industry sector: Food and beverages
Revenue: $61,579,669
One-year growth: -2%
Assets: $14,142,341
Total employees: 194
President/CEO: Michael Whittaker
Meat processor of Chris Brothers and Bonte brands and franchisor of Greco, Capt. Submarine, and Frozu restaurants.
 

No. 36
Composites Atlantic

HQ: Lunenburg, N.S.
Industry sector: Aerospace and defence
Revenue: $60,925,015
One-year growth: 23%
Assets: N/D
Total employees: 393
President/CEO: Claude Baril
Manufactures and designs advanced composites for the aerospace, defence, and security sectors.
 

No. 37
Imvescor Restaurant Group

HQ: Moncton
Industry sector: Food and beverages
Revenue: $55,078,000
One-year growth: 16%
Assets: $117,106,000
Total employees: N/D
President/CEO: Frank Hennessey
Operates the Pizza Delight, Mikes, Scores, and Bâton Rouge restaurant brands.
 

No. 38
rcs Construction

HQ: Bedford, N.S.
Industry sector: Construction products and services
Revenue: $54,724,000
One-year growth: 2%
Assets: $18,583,000
Total employees: 87
President/CEO: Doug Doucet
General contractor operating in Atlantic region; builds and renovates spaces for commercial, retail, institutional, corporate, and hospitality clients.
 

No. 39
ADTS & The Warren Group

HQ: Rexton, N.B.
Industry sector: Transportation/construction
Revenue: $52,800,000
One-year growth: -4%
Assets: N/D
Total employees: 255
President/CEO: Vaughn Sturgeon
Diversified truckload carrier handling all types of general and bulk freight.
 

No. 40
Fisherman’s Market International, Inc.

HQ: Halifax
Industry sector: Food and beverages
Revenue: $51,973,000
One-year growth: 1%
Assets: $12,842,000
Total employees: 164
President/CEO: Fred Greene/Monte Snow
Seafood wholesaler and processor.
 

No. 41
Fredericton Direct Charge Co-Op

HQ: Fredericton
Industry sector: Retail
Revenue: $48,145,273
One-year growth: -7%
Assets: $12,243,181
Total employees: 60
President/CEO: John Denning/Murray Hatchard
One-stop community-owned-and-operated retailer that is open to member-owners.
 

No. 42
ADI Group Inc.

HQ: Fredericton
Web: adi.ca
Industry sector: Engineering and architecture
Revenue: $45,629,745
One-year growth: 48%
Assets: $29,790,402
Total employees: 152
President/CEO: Hazen Hawker
Provides design-build services worldwide for wastewater treatment; cover and liner systems; commercial, industrial, institutional, and residential buildings; and organics operations.
 

No. 43
Bruce Automotive Group

HQ: Middleton, N.S.
Industry sector: Automotive
Revenue: $45,424,685
One-year growth: 8%
Assets: $18,251,9880
Total employees: 91
President/CEO: Justin Barker/Les Barker
Operates an automotive sales and service business.
 

No. 44
BioVectra Inc.

HQ: Charlottetown
Industry sector: Health care products and services
Revenue: $43,522,982
One-year growth: 43%
Assets: $55,942,827
Total employees: 220
President/CEO: Dale Zajicek/Ron Keefe
Focuses on drug development and specialized pharmaceutical manufacturing.
 

No. 45
CBCL Limited

HQ: Halifax
Web: cbcl.ca
Industry sector: Engineering and architecture
Revenue: $40,500,000
One-year growth: -3%
Assets: $17,000,000
Total employees: 275
President/CEO: Michael MacDonald
Provides engineering and environmental design and consulting services to clients in the following sectors: municipal services; water and wastewater; buildings; industry and manufacturing; energy and power; oil and gas; marine; transportation and bridges; and environment and planning.
 

No. 46
New Castle Hotels & Resorts

HQ: Halifax
Industry sector: Accommodations
Revenue: $40,353,183
One-year growth: -3%
Assets: $51,979,364
Total employees: 910
President/CEO: Gerry Chase/David Buffam
Manager for Marriott, Hilton, and Starwood brands for full-service and select-service hotels, as well as independent properties in the United States and Canada with strong one-of-a-kind identities.
 

No. 47
Cooke Insurance Group

HQ: Charlottetown
Industry sector: Insurance
Revenue: $38,436,341
One-year growth: 14%
Assets: $68,121,743
Total employees: 86
President/CEO: Jeff Cooke
Provides complete personal and corporate insurance solutions.
 

No. 48
Apex Industries Inc.

HQ: Moncton
Industry sector: Advanced manufacturing technologies
Revenue: $35,000,000
One-year growth: -10%
Assets: N/D
Total employees: 240
President/CEO: H.J. Stultz/S.J. Stultz
Manufactures and distributes quality steel products, specifically aerospace parts and assemblies and custom metal doors and frames. 
 

No. 49
Dennis Chevrolet Pontiac Buick GMC Ltd.

HQ: Corner Brook, N.L.
Industry sector: Automotive
Revenue: $34,320,000
One-year growth: 16%
Assets: $10,970,000
Total employees: 75
President/CEO: Richard Dennis
Automotive dealer.
 

No. 50
Partner Seafood, Inc.

HQ: Shediac, N.B.
Industry sector: Food and beverages
Revenue: $30,000,000
One-year growth: 20%
Assets: N/D
Total employees: 15
President/CEO: Paul Farrah
Production-management and marketing company in the fish-and-seafood industry.
 

No. 51
Ramar

HQ: Lower Sackville, N.S.
Industry sector: Construction products/services
Revenue: $29,455,891
One-year growth: -39%
Assets: $61,600,000
Total employees: 36
President/CEO: Larry Marchand, Kevin Marchand, Darrell Marchand
Home builder, land development, renovator, real estate company, and residential and commercial landlord.
 

No. 52 
exp Services Inc.–Atlantic

HQ: Fredericton
Web: exp.com
Industry sector: Engineering and architecture
Revenue: $28,200,000
One-year growth: -17%
Assets: N/D
Total employees: 3,054
President/CEO: Richard Smith, VP and regional manager (Atlantic Canada)/Vlad Stritesky
 
A closer look
In 2011 Exp Services–Atlantic won three awards for its work on the Fredericton Convention Centre, the Paul Street reconstruction in Dieppe, and the Ocean Spray cranberry-bog project. It’s also working on attracting new talent, and between 20% to 40% of the new hires in the Atlantic regional offices are new graduates. In an effort to recruit young workers, the company has a mentorship program and an internship program for graduate students. — J.S.
 

No. 53
Cars R Us Limited

HQ: Lower Sackville, N.S
Industry sector: Automotive
Revenue: $26,958,462
One-year growth: 22%
Assets: $6,627,239
Total employees: 30
President/CEO: Gary Shea
Provides quality used vehicles and the highest level of service to customers.
  

No. 54
Coach Atlantic Group

HQ: Charlottetown
Industry sector: Travel and tourism
Revenue: $26,800,000
One-year growth: 106%
Assets: $19,000,000
Total employees: 275
President/CEO: Mike Cassidy/Adam Doiron
A regional group of companies servicing charter, tours, transit, and line-run sectors of the Maritime motorcoach-transportation industry.
 

No. 55
A.P. Reid Insurance Stores

HQ: Dartmouth
Industry sector: Insurance
Revenue: $25,956,013
One-year growth: 7%
Assets: N/D
Total employees: 53
President/CEO: Jamie Reid
Diversified independent insurance brokerage.


No. 56
Newfoundland and Labrador Credit Union

Industry sector: Financial services
HQ: St. John’s
Revenue: $25,399,775
One-year growth: -1%
Assets: $519,290,453
Total employees: 137
President/CEO: Michael Boland/Allison Chaytor-Loveys
 
A closer look
This credit union continues to improve in retaining and training top talent. It’s focused on keeping its current workforce engaged while attracting new employees in a competitive labour market. NLCU participates in a national mentorship program and developed Position Roadmaps, detailed plans that highlight the skills and competencies employees need to experience success in their current role and to advance in their career. To prepare for the transition of employees shifting to retirement, NLCU recently participated in an international skills-transfer survey to set benchmarks for transferring knowledge from baby boomers to millennials.
— J.S.
 

No. 57
Sutherland Honda

HQ: Fredericton
Industry sector: Automotive
Revenue: $24,446,222
One-year growth: 8%
Assets: $8,914,347
Total employees: 38
President/CEO: Stephen Lenihan
Sells and services Honda automobiles, motorcycles, and power equipment.
 

No. 58
Arrow Construction Products Limited

HQ: Fredericton
Industry sector: Construction products/services
Revenue: $24,000,000
One-year growth: -14%
Assets: N/D
Total employees: 38
President/CEO: Edgar Goguen
Construction-products distributor.
 

No. 59
MOBIA Technology Innovations

HQ: Dartmouth
Industry sector: IT and telecommunications
Revenue: $22,822,000
One-year growth: 11%
Assets: $9,496,000
Total employees: 153
President/CEO: Rob Lane
Solutions engineering, furnish, and installation services specializing in systems integrations in the telecommunications, health care, and energy industries.
 

No. 60
Truefoam Limited

HQ: Dartmouth
Industry sector: Advanced manufacturing technologies
Revenue: $22,060,986
One-year growth: 3%
Assets: $21,690,228
Total employees: 112
President/CEO: Eric MacNearney
Manufactures EPS insulation and packaging for perishables.
 

No. 61
PEI Mutual Insurance Co.

Industry sector: Insurance
HQ: Summerside, P.E.I.
Revenue: $21,990,463
One-year growth: 6%
Assets: $62,506,611
Total employees: 38
President/CEO: Gordon Vessey/Terry Shea 

A closer look
Strategic planning is the most effective road map for a growing business. With that in mind, PEI Mutual Insurance Company hosts a company-wide strategic-planning session every five years and an annual senior-management session. Its current plan calls for the construction of a newly expanded head office, which will be completed next year, and an expansion of its IT department. The company hopes to attract young employees and customers through new technology and continuing-education opportunities. — J.S.
 

No. 62
Mariner

HQ: Saint John
Industry sector: IT and telecommunications
Revenue: $20,883,389
One-year growth: 32%
Assets: $10,448,488
Total employees: 131
President/CEO: Craig Storey, Marc Savoie/Curtis Howe
Independently owned IT company with offices across North America, Europe, and Latin America. Provides software-defined monitoring for IP video. Supports new start-up IT businesses by providing financial support, access, management, and technical expertise. The Mariner Innovations division has expertise in application development, modernization, and support/maintenance services.
 

No. 63
Premiere Executive Suites/Atlantic Limited

HQ: Mississauga, Ont.
Industry sector: Accommodations
Revenue: $19,816,269
One-year growth: 4%
Assets: N/D
Total employees: 100
President/CEO: Suzanne Bachur
Provides four-star, extended-stay furnished apartments and executive suites.
 

No. 64
Rutter Inc.

HQ: St. John’s
Industry sector: Advanced manufacturing technologies
Revenue: $19,733,000
One-year growth: -10%
Assets: $13,479,000
Total employees: 105
President/CEO: Fraser Edison

A closer look
Rutter is a global company with marketing and distribution channels in more than 70 countries. It manufactures enhanced radar systems, oil-spill detection systems, and ice navigators. The management team hopes to continue its growth through investment in R&D and acquisitions. Last year Rutter acquired OceanWaveS, a company that developed technology to measure wave energy in real time. This summer the company received a $500,000 investment from the Atlantic Canada Opportunities Agency for international marketing activities to target niche markets. — J.S

 

No. 65
East Coast Credit Union

HQ: Dartmouth, N.S
Industry sector: Financial services
Revenue: $19,240,764
One-year growth: -3%
Assets: $365,319,065
Total employees: 128
President/CEO: Ken Shea
Full-service financial institution offering all financial products and services, with 17 branches and two business services locations between HRM and Cape Breton.
 

No. 66
Credit Union Atlantic

HQ: Halifax
Web: cua.com
Industry sector: Financial services
Revenue: $19,041,541
One-year growth: 2%
Assets: $365,179,909
Total employees: 94
President/CEO: Marie Mullally
Community-based, customer-owned financial institution offering a wide range of products and services.
 

No. 67
Ambassatours Gray Line and Murphy’s The Cable Wharf 

HQ: Halifax
Industry sector: Travel and tourism
Revenue: $18,300,000
One-year growth: 20%
Assets: N/D
Total employees: 44
President/CEO: Jeff Farwell/Dennis Campbell

A closer look

In August, Ambassatours Gray Line purchased Murphy’s The Cable Wharf, the tourism company with a Halifax waterfront restaurant and owners of Theodore Tugboat and the Harbour Hoppers. The merger makes Ambassatours Gray Line the largest combined land-and-water sightseeing tour company in Canada. The company has big plans for the future; management has introduced and is preparing to pitch the concept with the Nova Scotia government to operate the newly restored Bluenose II for sightseeing tours. — J.S.
 

No. 68
Bayview Credit Union Ltd.

HQ: Saint John
Industry sector: Financial services
Revenue: $17,361,821
One-year growth: -4%
Assets: $348,307,8330
Total employees: 94
President/CEO: David Young/Anna Florczynski
The financial co-operative providing banking, lending, and wealth-management services.
 

No. 69
Port Saint John

HQ: Saint John
Industry sector: Transportation
Revenue: $17,046,000
One-year growth: 7%
Assets: $89,575,000
Total employees: 29
President/CEO: Jim Quinn
Proactively and sustainably manages the provision of infrastructure and service for current and future users of Port Saint John, to the economic and social benefit of the surrounding region.
 

No. 70
Palmer Atlantic

HQ: Hartland, N.B
Web: palmeratlantic.ca
Industry sector: Insurance
Revenue: $16,990,804
One-year growth: 0%
Assets: $5,157,522
Total employees: 19
President/CEO: Joe Palmer
General insurance brokerage and risk-services company specializing in trucking insurance, safety, compliance, and training programs.
 

No. 71
Masstown Market Limited

Industry sector: Retail
HQ: Masstown, N.S.
Revenue: $14,058,923
One-year growth: 10%
Assets: $5,595,629
Total employees: 150
President/CEO: Eric Jennings/Laurie Jennings

A closer look
Diversification makes Masstown a rural small business success story. The family-run market continues to evolve by adding new products and services. A lighthouse houses fresh seafood, while a 2,000-square-foot wharf is the dining area for the Fish and Chip Boat restaurant. New construction on recently purchased land includes a family fun centre, a gas and convenience store, and an office centre. Its workforce continues to grow, with over 30 new positions since 2012. The company supports young workers by participating in the Nova Scotia Apprenticeship Agency. — J.S.
 

No. 72
OMISTA Credit Union

HQ: Moncton
Industry sector: Financial services
Revenue: $13,489,347
One-year growth: 64%
Assets: $208,544,640
Total employees: 62
President/CEO: Scott MacAfee/Richard Vaillancourt
Customer-owned full-service financial institution.
 

No. 73
A.F. MacPhee Holdings Ltd.

HQ: Dartmouth, N.S.
Industry sector: Automotive
Revenue: $12,762,339
One-year growth: 32%
Assets: $87,189,937
Total employees: 95
President/CEO: Al MacPhee
Provides sales, leasing, and service of new and used vehicles.
 

No. 74
Armament Technology Inc.

Industry: Aerospace and defence
HQ: Halifax
Revenue: $12,070,044
One-year growth: -8%
Assets: $8,027,081
Total employees: 7
President/CEO: Ted Milner
 
A closer look
Acquisitions help companies gain new assets and expand. Last year Armament Technology acquired Tenebraex Corp., a Boston-based company that manufacturers anti-reflection devices for the United States and international markets. The move promises to generate increased revenue. Operations for Tenebraex were moved to Halifax and a new facility was set to open in September. — J.S.
 

No. 75
Theriault Financial inc.

HQ: Dartmouth, N.S.
Industry sector: Group benefits
Revenue: $11,686,296
One-year growth: 3%
Assets: N/D
Total employees: 7
President/CEO: Don Theriault
Insurance broker offering employee benefits, health, and dental coverage for over 1,000  firms in Atlantic Canada.
 

No. 76
Accreon Inc.

HQ: Fredericton
Industry sector: IT and telecommunications
Revenue: $11,049,401
One-year growth: -1%
Assets: $8,276,730
Total employees: 99
President/CEO: Neil Russon, CEO (global services and solutions) and Martin Ferguson, CEO (corporate shared services)
Provides IT and business-solutions consulting to the health care industry and the government in Atlantic Canada and the northeastern United States.
 

No. 77
Provincial Credit Union Limited

HQ: Charlottetown
Industry sector: Financial services
Revenue: $11,000,000
One-year growth: 40%
Assets: $259,000,000
Total employees: 51
President/CEO: Corey Tremere/Bernard Gillis
Full-service financial institution.
 

No. 78
SouthEastern Mutual Insurance Company

HQ: Riverview, N.B
Industry sector: Insurance
Revenue: $10,502,000
One-year growth: 3%
Assets: $19,291,000
Total employees: 32
President/CEO: Darrel Coates
Provides home, auto, farm, and commercial insurance coverage.
 

No. 79
Carsville

HQ: Lower Sackville, N.S.
Industry sector: Automotive
Revenue: $10,465,212
One-year growth: 1%
Assets: $3,500,000
Total employees: 8
President/CEO: Alan Jewell
Pre-owned vehicle sales and purchases.
 

No. 80
Bishop’s Cellar

HQ: Halifax
Industry sector: Food and beverages
Revenue: $8,835,205
One-year growth: 11%
Assets: $2,152,255
Total employees: 20
President/CEO: Wayne Coyle/Matt Rogers
Retailer and wholesaler of specialty wine, beer, and spirits.
 

No. 81
Charlottetown Airport Authority Inc.

HQ: Charlottetown
Industry sector: Transportation
Revenue: $8,426,820
One-year growth: -1%
Assets: $30,484,087
Total employees: 21
President/CEO: Doug Newson
Provides the air-service support and business-park infrastructure necessary to support P.E.I.’s business, social, and economic-development objectives.
 

No. 82
Belledune Port Authority

HQ: Belledune, N.B.
Industry sector: Transportation
Revenue: $8,062,787
One-year growth: -4%
Assets: N/D
Total employees: 12
President/CEO: Rayburn Doucett
Manages marine infrastructure, port operations, and shipping services.
 

No. 83
Eagle River Credit Union

HQ: L’Anse au Loup, N.L.
Industry sector: Financial services
Revenue: $7,200,000
One-year growth: 33%
Assets: $102,500,000
Total employees: 46
President/CEO: Bert Belben/Alvina O’Brien
Matches members to financial solutions with an innovative approach to products, services, and technology.
 

No. 84
Preston & Associates Insurance Services Inc.

HQ: Kentville, N.S
Industry sector: Insurance
Revenue: $7,200,000
One-year growth: 24%
Assets: N/D
Total employees: 7
President/CEO: Trevor Croteau
Offers a range of products and services to meet customers’ insurance needs and group benefit program planning. 
 

No. 85
Rooftight Construction

HQ: Fall River, N.S.
Industry sector: Construction products/services
Revenue: $7,000,000
Assets: $3,800,000
Total employees: 5
President/CEO: Scott Smith
Custom homebuilder featuring award-winning designs for different lifestyles.
 

No. 86
Professional Quality Assurance Ltd.

HQ: Fredericton
Industry sector: IT and telecommunications
Revenue: $6,342,513
One-year growth: -13%
Assets: $1,145,814
Total employees: 74
President/CEO: Keith McIntosh
Provides solutions for software quality assurance, content quality assurance, and learning and content development to organizations worldwide.


No. 87
 
Full Throttle Power Sports Ltd.

HQ: Dartmouth, N.S
Industry sector: Recreation products/services
Revenue: $5,928,189
One-year growth: 20%
Assets: $2,639,780
Total employees: 11
President/CEO: David Richard/Christine Bell
Provides complete sales, services, and parts on a full line of Bombardier recreational products.
 

No. 88
Fine Touch Dental Atlantic Management Inc.

HQ: Halifax
Industry sector: Health care products/services
Revenue: $5,511,726
One-year growth: 10%
Assets: N/D
Total employees: 54
President/CEO: Debbie LeValliant
Offers a complete suite of comprehensive best practices in general and dental business-management services.
 

No. 89
Ad-Dispatch

Industry sector: IT & telecommunications
HQ: Dartmouth, N.S.
Revenue: $5,490,090
One-year growth: 24%
Assets: $1,452,066
Total employees: 34
President/CEO: Nathan Kroll
 
A closer look
Global tech firm Ad-Dispatch, which specializes in interactive content, heavily invested in business development in New York and Chicago last year. And it has paid off in 2014, with projects in Chicago with Intel and Astellas Pharma and in New York with the NBA, The Corcoran Group, Doosan, and Lego. Two of its popular games developed last year continue to draw audiences: the Zombie Deer Hunt augmented reality game has close to 500,000 users, and the NBA 2k14 Cover app is averaging 1,000 daily downloads. — J.S.
 

No. 90
Dymaxion

HQ: Halifax
Web: dymaxion.ca
Industry sector: IT and telecommunications
Revenue: $5,208,328
One-year growth: -1%
Assets: $2,994,718
Total employees:  32
President/CEO: Peter Mason
Provides computing products/technical services.
 

No. 91
Louisbourg Investments Inc.

HQ: Moncton
Industry sector: Financial services
Revenue: $5,001,525
One-year growth: 24%
Assets: $4,983,124
Total employees: 16
President/CEO: Luc Gaudet
Investment management with offices in Moncton and Halifax, managing over $2 billion on behalf of institutional and private clients.
 

No. 92
Atlantic Commercial Properties Inc.

HQ: Moncton
Industry sector: Real estate/property management
Revenue: $4,866,000
One-year growth: 17%
Assets: N/D
Total employees: 7
President/CEO: Gordon Lahanky
Private real estate development and property-management firm specializing in optimal, flexible, commercial real estate solutions in Atlantic Canada.
 

No. 93
Mercers Best Built Structures Inc.

HQ: Porters Lake, N.S.
Industry sector: Construction products/services
Revenue: $4,800,000
One-year growth: 23%
Assets: $150,000
Total employees: 7
President/CEO: Jeremy Mercer
Designs, engineers, builds, and renovates homes, cottages, and garages in Nova Scotia.
 

No. 94
Tracey’s Landscaping Limited

HQ: Halifax
Industry sector: Landscaping services
Revenue: $4,717,440
One-year growth: 40%
Assets: $2,809,200
Total employees: 45
President/CEO: Daren Tracey
Provides residential and commercial landscape design and construction, landscape maintenance, and snow removal.
 

No. 95
SwiftRadius

HQ: Fredericton
Industry sector: IT and telecommunications
Revenue: $4,700,000
One-year growth: -6%
Assets: $2,500,000
Total employees: 36
President/CEO: Kevin Hurley/Scott MacIntosh
Information technology enterprise consulting firm providing staff augmentation, mentorship of staff with emerging technologies and architectures, and access to experience of best practices for implementing technological change. Offices in Charlottetown, Fredericton, Saint John, and Moncton.
 

No. 96
Sports Villas Resorts Incorporated

HQ: Port Blandford, N.L.
Industry sector: Accommodations
Revenue: $3,900,000
One-year growth: 9%
Assets: $10,000,000
Total employees: 70
President/CEO: Christopher Anthony
Hospitality, golf, and property management.
 

No. 97
LuminUltra Technologies Ltd.

Industry sector: Health
HQ: Fredericton
Revenue: $3,873,874
One-year growth: 50%
Assets: $2,329,898
Total employees: 22
President/CEO: Patrick Whalen
 
A closer look 
LuminUltra is growing quickly, with a 30% to 40% increase in revenue in the last five years thanks in part to its exporting strategy. Distribution partnerships with larger companies allow it to increase its market reach. Distribution partners include Colorado-based Hach Company, European partner Aqua-tools, China’s Saifu Chemical Development Co. Ltd., and Royce Water Technologies Pty Ltd. in Australia. In July LuminUltra announced that Millispec International will begin distributing its products in the Netherlands. To manage growth, the company has hired new employees and increased R&D spending.  — J.S.
 

No. 98
Cushman & Wakefield Atlantic

HQ: Halifax
Industry sector: Real estate/property management
Revenue: $3,822,000
One-year growth: 3%
Assets: $1,255,000
Total employees: 30
President/CEO: William MacAvoy
Executes client mandates on the leasing and sale of commercial real estate 
 

No. 99
DARNOC INVESTMENTS Inc.

HQ: Halifax
Industry sector: Security
Revenue: $3,816,934
One-year growth: 26%
Assets: $1,808,670
Total employees: 150
President/CEO: Lawrence Conrad
Security services covering uniformed and non-uniformed guards, secure delivery services, armoured car, and ATM services supported by a training division.
 

No. 100
Egg Studios

HQ: Halifax
Industry sector: Arts and culture
Revenue: $3,469,664
One-year growth: -7%
Assets: $1,319,082
Total employees: 21
President/CEO: Sara Thomas/Mike Hachey
Produces original content for TV, radio, and the web. This one-stop shop handles every aspect of production, from casting through to “it’s a wrap.”
 

No. 101
Craftsman Construction

HQ: Stratford, P.E.I.
Industry sector: Construction products/services
Revenue: $3,220,000
One-year growth: 21%
Assets: $1,700,000
Total employees: 8
President/CEO: Nicholas Jay
An award-winning homebuilder specializing in custom-built energy-efficient homes, as well as residential and commercial renovations.
 

 

 

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