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The top 100 corporate elite.

THE GREAT-WEST LIFE ASSURANCE I COMPANY (Last year 1) Kovin P. Kavanagh, President & CEO Sales: $5,298,372,000 +6.7%) Net income: $151,424,000 Assets: $18,914,210,000 Number of Employees: 6,500 Great-West Life is an international corporation offering a wide range of insurance, retirement and investment products and services. 1989 was a positive close to a decade of growth - a decade in which assets increased more than four-fold, revenue more than tripled and staff nearly doubled. GWL gained in all business categories in 1989. In particular, life insurance in force grew to $155.5 billion. Total assets grew to $18.9 billion and total premium income reached $4.6 billion.

THE CANADIAN WHEAT BOARD

2(Last year #2)

W.E. Jarvis, Chief Commissioner

Sales: $4,278,972 +30.5%)

Net Income: N/A

Assets: $4,939,028,265

Number of Employees: 469 The combination of drought in Canada, dry conditions and reduced acreage in the United States, resulted in a significant drop in 1988-89 wheat and coarse grain production. For the second year in a row, world grain consumption was greater than production. Concerns over grain surpluses, which had been a major worry throughout the decade, shifted to concerns about tight supplies and dwindling carryover. World wheat trade fell last year, but still hovered around 10-year average levels.

FEDERAL INDUSTRIES LTD.

3(Last year #3)

John F. Fraser, President & CEO

Sales: $2,280,784,000 +19.4%)

Net Income: $45,647,000

Assets: $1,222,937

Number of Employees: 15,497 1989 marked another year of change for one of Canada's largest holding companies. In overview, Federal's strategy of diversification reconfirmed its ability to mitigate the impact of any reduction of operating profits in any of its four groups. The acquisitions last year of CF Kingsway, Tri-Line and WH. Smith added to operating profits and provided both further and long term growth potential and better overall sectoral balance for the company.

INVESTORS GROUP INC.

4(Last year #4)

Arthur V. Mauro, QC, President & CEO

Sales: $1,972,300,000 +6.7%)

Net Income: $50,319,000

Assets: $11,339,000,000

Number of Employees: 2,653 The introduction of six Investors Portfolio Funds early in 1989 was a major contributor to the strong sales performance recorded for the year. While sales of investment certificates declined, sales of all other product lines exceeded prior year and 1989 sales approached the record of $1.99 billion achieved in 1987. Net income of $50.3 million was 20.5 percent above prior year and net income of $13.3 million for the final quarter was 14 percent higher than the corresponding period in 1988.

CARGILL LIMITED

5(Last year #7)

Kerry L. Hawkins, President

Sales: $1,463,392,000 +31.6%)

Net Income: N/A

Assets' $494,844,000

Number of Employees: 1,700 First established in Canada in 1928 and headquartered in the nation's premier grain centre, Cargill has steadily reinvested its earnings in the agriculture industry to build a growing and diversified industry. With sales of over $1.4 billion last year, the company currently employs 1,700 people from New Brunswick to B.C. in grainhandling, beef processing, feed manufacturing, seed production and agricultural supply as well as in grain merchandising.

JAMES RICHARDSON & SONS, LIMITED

(Last year #6)

George T. Richardson, President & Managing Director

Sales: $1,200,000,000 +1.0%)

Net Income: N/A

Assets: $1,600,000,000

Number of Employees: 3,300 The Grain Division's strong belt tightening attitude resulted in a better than anticipated year and all the grain marketing offices were able to maintain their sales volumes. The Wheat Board's decision to relinquish control of oats also allowed the firm to assume a dominant position in the export of oats. In january, the province of Manitoba announced the sale of the Manitoba Oil and Gas Corporation to Tundra Oil and Gas Ltd., a

joint venture exploration company owned equally by JR & Sons and Gendis Inc.

7 UNITED GRAIN GROWERS LIMITED

(Last year # 8)

Lorne F. Hehn, President

Sales: $1,037,676,000 +17.8%)

Net income: ($5,183,000)

Assets: $376,030,000

Number of Employees: 1,328 UGG bit the bullet in fiscal 1989 with the renovation of its Vancouver terminal. The five-month shutdown, a strategy planned for some years in order to increase unload share, resulted in a $10 million decline in terminal earnings. Combined with an 18 percent drop in country elevator handlings, the company incurred its first loss since the 1930s. For the most part though, the company fared better than prior year, as evidenced by a 17.8 percent rise in total revenues.

8 GENDIS INC.

(Last year #9)

G. Allan MacKenzie, President & COO

Sales: $748,157,000 +11%)

Net Income: $25,175,000

Assets: $362,973,000

Number of Employees: 8,600 Gendis' operating results for fiscal 1989 clearly reflect the strength of the diversification of its business. The source of these earnings has shifted somewhat from prior year. In 1989, 45 percent of company earnings came from the Electronics Division, whereas 47 percent was attributable to General Merchandising. In 1988, contributions were 39 percent and 53 percent respectively. Also, per common share outstanding, earnings rose 6 percent to $1.50 from the $1.42 in prior year.

9 XCAN GRAIN LTD.

(Last year #1 2)

Kenneth L. Matchott, Chief Executive Officer

Sales: $669,137,000 +36.8%)

Net Income: N/A

Assets: $31,278,000

Number of Employees: 67 As the exporting arm for Alberta Wheat Pool, Saskatchewan Wheat Pool and Manitoba Pool Elevators, XCAN continued to be the largest Canadian exporter of canola, malting barley and terminal by-products. This past year, arrangements were finalized whereby XCAN became the exclusive marketing agent for oats, flax and special crops for the three Pools. Under this arrangement, XCAN manages the marketing of these commodities on a pooled basis and returns the proceeds from the marketplace to the Pools.

10 THE MANITOBA HYDRO-ELECTRIC

BOARD (Last year #1 )

R.B. Brennan, President & CEO

Sales: $664,000,000 +9.1%)

Net Income: $26,000,000

Assets: $4,800,000,000

Number of Employees: 4,150 Following two successive years of drought-induced losses, Manitoba Hydro is projecting net income of $26 million for the fiscal year ending March 31, 1990. The improved financial results are partly attributable to an average 5% rate increase implemented April 1, 1989, and partly due to somewhat improved water flow conditions compared to prior years. The long term out, look for electrical rates is extremely positive, with financial projections indicating that there will be a decrease in the real price of electricity.

WESTERN CANADA LOTTERY

11 CORPORATION (Last year #1 1)

Garth Manness, General Manager

Sales- $527,744,000 +5.1%)

Net Income: $199,538,000

Assets: $21,748,000

Number of Employees'. 235 Mapping the course for the Western Canada Lottery Corporation for fiscal 1988/89 was a strategic plan engineered to generate more dollars for the bottom line - revenue returned to the lottery community. Sales accelerated five percent to $527.7 million, enabling a return of $199.5 million. Each product track - On-Line, Instant and Hybrid - underwent modifications to enhance performance. The year's aggregate win totalled $246.3 million.

12 MANITOBA POOL ELEVATORS

(Last yea r #1 4)

G.S. Arason, Chief Executive Officer

Sales: $512,547,000 +12.1%)

Net Income: ($5,248,000)

Assets: $110,049,000

Number of Employees: 798 The drought conditions of the past year had a significant impact on Manitoba Pool Elevators' operations during fiscal 1988/89. The annual statement shows that net earnings for the year, before other charges, were $1,885,725 compared to $3,292,271 for the previous year. The main reasons for the decrease were the significant drop in volume of grain received at terminals and the large loss incurred in the Seeds and Special Crops department, which was phased out during the year.

13 THE WAWANESA MUTUAL

INSURANCE COMPANY (Last year #1 3)

I.M. Montgomery, President & CEO

Sales: $498,774,912 +8.4%)

Net Income: $24,438,918

Assets- $917,065,425

Number of Employees: 1,092 The Wawanesa Mutual Insurance Company began in the village of Wawanesa in 1896. Since then, it has steadily progressed by providing security and stability to hundreds of thousands of Canadians in meeting their insurance needs. Total assets now approach $1 billion. Having grown up with Canada, Wawanesa, in recent years, expanded into the U.S. and will continue to meet the challenges of the future by supplying quality products and superior service to policyholders.

14 METROPOLITAN STORES OF CANADA

LIMITED (Last year 1 5)

Morley M. Cohen, Chairman & President

Sales: $477,508,000 +4.7%)

Net income: $26,110,000

Assets: N/A

Number of Employees: N/A The reduced rate of growth in sales continues to reflect the trend in the marketplace. These pressures have resulted in the company undertaking some retrenchment to develop new merchandising programs and to become more efficient. As such, it has introduced electronic point-of-sale equipment in the Met and Greenberg Store chains, and is completing an upgrade of data processing facilities at Saan.

MANITOBA TELEPHONE SYSTEM

15 (Last yea r #21 )

Reg Bird, President & CEO

Sales: $473,834,000 +52.7%)

Net Income: $15,445,000

Assets: $1,503,519,000

Number of Employees: 4,750 The corporation's main focus for 1989 was the implementation of Service for the Future", a five-year, $800 million service improvement program aimed at providing state-of-the-art telecommunications technology to all Manitobans. Highlights included: converting 25 exchanges to digital switching technology; introduction of its Individual Line Service thus eliminating all "party lines"; increased toll-free calling for rural Manitobans; and a reduction in long distance rates.

16 HUDSON BAY MINING & SMELTING

CO., LIMITED (Last year #1 8)

Lloyd Nilsen, President & COO

Sales: $454,200,000 +10.9%)

Net Income: N/A

Assets: N/A

Aft Number of Employees: 2,600 HBM&S has been the economic cornerstone in Flin Flon for years, operating many mines in and around the community. The town's number one employer produces $300 million worth of metals annually. HBM&S is currently negotiating with the federal and provincial governments for a loan which would allow it to upgrade the plant and subsequently reduce sulphur dioxide emissions 25% by 1994. The project would cost approximately $86 million if approved.

17 THE NORTH WEST COMPANY INC.

(Last year #1 6)

Ralph E. Trod, President & CEO

Sales: $441,876,000 +3.7%)

Net Income: $12,022,000

Assets: $231,970,000

Number of Employees: 3,900 At a colorful ceremony in mid-March, complete with historic Nor'Westers, Northern Stores Inc. formally changed its corporate name to The North West Company Inc., and its retail store name to Northern, formerly Hudson's Bay Northern Stores. The North West Company operates 186 stores in 172 communities from Resolute Bay to the U.S. border, and from Newfoundland to B.C. Of its 3,900 employees, over 3,100 are in Northern store operations, and 1,700 employees are native people, making it the second largest employer of aboriginal people in Canada.

18 THE MANITOBA PUBLIC INSURANCE

CORPORATION (Last year #20)

Walter Bardua, President & General Manager

Sales: $383,982,000 +15.1 %)

Net Income: $30,430,000

Assets: $626,371,000

Number of Employees: 1,1 09 Despite a substantial increase in claims costs (from $261.2 million to $279.7 million), MPIC's Automobile Insurance Division reported net income of $20.5 million for the 1988/89 fiscal year. The General Insurance Division's financial results also improved significantly. The Special Risk Extension portfolio con. tributed $9.3 million to the division's overall net income of $9.6 million. Personal and commercial lines accounted for the balance.

19 CONTINENTAL GRAIN COMPANY

(CANADA) LTD. (Last year #22)

G.W. McClintock, President

Sales: $368,650,000 +22.7%)

Net income: N/A

Assets: N/A

Number of Employees: 80

1 Continental Grain Company (Canada) Ltd. is a Canadian subsidiary of the New York-based global commodity-trading company Continental Grain Company which has sales offices in 58 countries and exclusive agents in most other countries. During the past year Continental and United Grain Growers Ltd. formed a joint-venture export company to market Western Canadian agricultural products. Canagrain International is a 50-50 partnership which both Continental and UGG feel will significantly increase exports of Canadian grain.

20 MANITOBA LIQUOR CONTROL

20 COMMISSION (Last year #1 8)

William E. Emerson, President & CEO

Sales: $367,140,000 +O.5%)

Net Income: $175,207,000

Assets: $15,997,000

Number of Employees-. 404 The declining sale of beverage alcohol is a national phenomenon across Canada. For the last seven years, spirits have been declining sharply, beer has remained virtually constant and wine sales have begun to decline. This year's gross profit decline of $861,528 from the preceeding year, even though only 0.5%, dramatically highlights the spectre of diminishing returns. Retail prices were relatively stable due to the Commission lowering its markups on domestic spirits and wines.

21 SONY OF CANADA LTD.

21 (Last year #24)

Arthur N. Demasson, President & CEO

Sales: $267,547,000 +23%)

Net Income: $24,973,000

Assets: N/A

Number of Employees: N/A Sony once again achieved record levels of sales and profits in 1989. In the consumer area, a number of individual products contributed to the sales growth. The company gained a major share of the Canadian market with its new 8MM Camcorders. Sony Trinitron color televisions gained a higher market share with greater demand for larger screen sizes. Sony also retained its leadership position in the CD market last year.

22 REIMER EXPRESS ENTERPRISES

LTD. (Last year #25)

B.S. Reimer, President, Chairman & CEO

Sales: $250,000,000 +15.2%)

Net Income: N/A

Assets: N/A

Number of Employees: 3,400 Reimer continued its pattern of both internal and external growth in 1989. In February, the company purchased certain assets and began the operation of Sovereign Express and Messenger based in Toronto. In September, a truckload operation (Pals Cartage Co.) based in Chicago was purchased and later in the year a bulk carrier, Schoeler Trucking Ltd. of Edmonton was acquired. Toward the end of 1989, Reimer added the assets of Leidecker Canada and First Priority Fulfillment Services.

23 MANITOBA PORK EST.

(Last year: Not Ranked)

R.L. Sedgwick, General Manager

Sales: $204,745,000

Net Income-. $313,300

Assets: $13,070,000

Number of Employees: 33 Pork producers faced challenges from far and wide in 1989. Political, economic and production issues - local, national and international - left their imprint on the industry. The results were prices that were not healthy; farm gate receipts totalled $205 million, a 7% increase over prior year, a small, but impressive gain considering the production and trade environments. One highlight of the year was the signing of the agreement between the company, Olympia Meats of Quebec and Springhill Farms.

24 CANWEST GLOBAL COMMUNICA - TIONS CORP. (Last year: Not Ranked)

I.H. Asper, QC, Chairman and CEO

Sales: $187,000,000

Net Income: N/A

Assets: $259,000,000

Number of Employees: 1,000 It was a monumental year for Can West, as CEO Asper finally won his four, year legal battle for control of Global TV, sparking suggestions that he could be aiming at creating Canada's third national television network. in addition to gaining control of Global, CanWest also purchased Vancouver-based CKVU-TV last year. The four CanWest stations, along with independent partner MITV in the Maritimes, now reach 70 percent of the English Canadian television audience.

25- BOEING CANADA TECHNOLOGY LTD.

WINNIPEG DIVISION (Last year

#27)

Gordon B. Sampson, President

Sales: $171,000,000 +22.1%)

Net Income: N/A

Assets: N/A

Number of Employees: 2,200 Construction continued last year on the $31.3 million expansion at the Boeing plant in Murray Park. Production rates were up for component parts for all types of Boeing aircraft. The company used to build three to four parts per month for the 747; now it's up to five. For the 737, it has increased from 14 parts to 17 parts per month, and when the expansion is completed later this year, that figure should rise to 21.

26 STANDARD AERO LIMITED

(Last year #28)

R.C. Hamaberg, President

Sales: $155,000,000 +10.7%)

Net Income: N/A

Assets: N/A

Number of Employees: 700 Late 1989, Standard Aero was purchased by Hawker Siddeley, the well known British electrical and mechanical engineering group. The financial strength of Hawker will allow Standard to continue with its plans for growth into the U.S. and other international markets. Earlier this year, the company was chosen by General Electric to assemble the CT7-6 powerplants for Canada's New Shipborne Aircraft, should G.E. win the competition to power the naval helicopter.

27 N.M. PATERSON & SONS LIMITED

(Last year #31 )

D.S. Paterson, President

Sales: $153,502,000 +19.9%)

Net Income: N/A

Assets: $81,037,000

Number of Employees: 650 N.M. Paterson Sons Limited is a diversified company with divisions and subsidiaries in the grain, transportation and metal fabrication industries. The company operates more than 50 country elevators throughout southern Manitoba and Saskatchewan. Its fleet of bulk cargo vessels transport primary grain and iron ore on the Great Lakes and the St. Lawrence Seaway. The Marine Division also services the Eastern Canadian and U.S. coast as well as the arctic.

28 BRISTOL AEROSPACE LIMITED

(Last year #36)

H.R. Beanie, President & CEO

Sales: $150,000,000 +31.6%)

Net Income: N/A

Assets: N/A

Number of Employees: 1,868 Bristol's F-5 Fighter jet Life Extension Program reached a milestone in August, 1989 with the rollout of the first CF-5 in the Canadian program and subsequently launched extensive Bristol efforts towards marketing F-5 modernization worldwide. As well, Bristol's exclusive Wire Strike Protection System for helicopters reached the 13,000 plateau. Growing to support these international efforts and accomplishments, Bristol's population increased by nearly 200 people last year.

29 WORKERS COMPENSATION BOARD

OF MANITOBA (Last year: Not Ranked)

Graham F.J. Lane, Chief Executive Officer

Sales: $148,462,000

Net Income: ($11,200,000)

Assets: $295,741,000

Number of Employees: 320 The list of accomplishments for 1989 at the WCB is extensive. The new Research Planning department produced the first comprehensive plan in the Board's history. The WCB now has a formal training policy and a Community Relations division was formed to improve communications between the Board and the public. A WCB Ombudsman was appointed to provide impartial and independent review services to labor and industry. A three-year collective agreement was reached between the WCB and CUPE Local 1063.

30 PALLISER FURNITURE LTD.

(Last year #35)

Arthur DeFehr, President

Sales: $146,328,000 +21.2%)

Net Income: $4,532,000

Assets: $99,676,000

Number of Employees: 1,740 Family-owned Palliser Furniture is the largest manufacturer of furniture items in Canada. In the early 80s, its marketing focus was aimed at Western Canada. Today, however, the majority of its product is exported to the United States. A $14 million, five-year expansion and modernization program is nearing completion. The project is highlighted by a new particleboard manufacturing plant which will free up space in the main plant for the growth in the wood furniture division.

31 THE MEGILL-STEPHENSON

COMPANY LIMITED (Last year #29)

Robert M. Chipman, Chairman

Sales: $142,090,000 +6.7%)

Net Income: N/A

Assets: $104,693,000

Number of Employees: 380 Megill-Stephenson sells, leases and rents automobiles from its eight Winnipeg Birchwood dealerships. Each is equipped t() sell and service such models as Chrysler, GM, BMW, Acura, Nissan and Lincoln-Mercury. The company, founded in 1964 employs some 380 people and has an annual payroll in excess of $10 million. In recent years, it has become involved in real estate development with Longboat Properties, real estate sales with Stevenson Realty and the radio business with CFQX-FM in Selkirk. It also owns National Leasing, a major equipment leasing firm.

32 BIRD CONSTRUCTION COMPANY

LIMITED (Last year #39)

Paul A. Charette, President & COO

Sales: $139,881,852 +56.5%)

Net Income: $1,007,428

Assets: $42,938,081

Number of Employees: N/A Bird Construction Company has been a corporate citizen of Manitoba for some 60 years and has completed numerous projects throughout the province and within the City of Winnipeg. The overall volume approaches $ 1 00 million per year of which approximately $30 million is in the Winnipeg area. Projects recently completed or in the process are the Royal Winnipeg Ballet, Via Rail Maintenance Facility, Toronto Dominion Centre Parkade, Engine Repair/Test Facility - CFB Shilo, Airport Executive Centre, Stony Mountain Institution - New Industries Building, Manitoba Youth Centre, and Q101 Building CFB Shilo.

33 MANITOBA ROLLING MILLS

(Last year #34)

G. Leach, President

Sales: $115,000,000 -8%)

Net Income: N/A

Assets: N/A

Number of Employees: 550 The number one employer in Selkirk and the Triple S region recently completed a $250,000 training centre for its work force. The mill is also undergoing an expansion and modernization of its state-of-the-art operation by installing a new $7 million ladle-and-furnace system. This is in addition to the $13 million the company has spent the past two years modernizing its equipment. A new shared-work management program is also being initiated within the steel minimill.

34 DOMO GASOLINE CORPORATION

LTD. (Last year #37)

Sarah Everett, President & CEO

Sales: $112,000,000 +12.0%)

Net Income: N/A

Assets: N/A

Number of Employees: 325 Expansion of markets was the theme for 1989, as the company opened nine new gas bars - one in Winnipeg, two in Edmonton, four in Calgary and one each in Saskatoon and Regina. Having reached maturity in Winnipeg, Domo has been concentrating more on its marketing, advertising and promotional campaigns outside the province. Expansion will continue through 1990 in Saskatchewan, Alberta and British Columbia. The firm's commitment to quality, personal service will also continue in 1990.

35 PARKSIDE FORD SALES LTD.

(Last year #30)

A.B.C. Maciver, President & General Manager

Sales: $110,086,411 -15.3%)

Net Income: N/A

Assets: $35,000,000

Number of Employees: 192 Parkside was again the number one Ford dealership in this region in terms of sales during 1989, and was also the recipient of the top Customer Service index (CSI) award in the area. Despite an overall drop throughout the automobile industry in the number of vehicles sold, Parkside maintained its impressive market share and was not adversely affected by corresponding losses. The company's service and body shops enjoyed record years in 1989.

36 WINNIPEG HYDRO

(Last year #38)

R.J. Linton, General Manager

Sales- $103,228,200 +6.4%)

Net Income-. $14,360,000

Assets: $136,850,000

Number of Employees: 644 Winnipeg Hydro is a department of the City of Winnipeg which has been in operation for 79 years. The first of two generating facilities built by Winnipeg Hydro was Pointe du Bois, commissioned October 16, 191 1, followed by Slave Falls in 193 1. The combined electricity generated by the power plants amounts to 45 percent of the electricity distributed to the utility's I I 1,000 services. Power required in excess of the utility's generating capacity is obtained from Manitoba Hydro.

37 OLD DUTCH FOODS LTD.

(Last year #41)

V. Aanenson, President

Sales: $91,000,000 +5.8%)

Net income: N/A

Assets: N/A

Number of Employees: 425 During 1989 net sales increased moderately. The first four months of 1990 indicate a further increase in sales over 1989. Financial condition remains good. General trend is up.

38 KLEYSEN TRANSPORT LTD.

(Last year #43)

Hubert T. Kleysen, President

Sales: $90,000,000 +20.0%)

Net Income: N/A

Assets: N/A

Number of Employees: 1,1 00 The past year has been one of growth, change and some unique anniversaries for Kleysen Transport and its affiliated companies. Among the areas of growth are expanded terminal facilities in Toronto and Edmonton. Two new subsidiary companies - Blanchard Transport and Kayway Grit - plus tri-axle vans and cement tanks were added to the company in 1989. The biggest change is represented by a new computer system which has revolutionized the way the company processes vital customer information.

39 WINPAK LTD.

(Last year: #40)

J.R. Lavery, President & CEO

Sales : $88,766,000 +1.2%)

Net Income: $4,305,000

Assets: $70,614,000

Number of Employees: 425 Customer inventory reductions in anticipation of lower priced polymers significantly reduced demand for Winpak's product during the first three quarters of the year. Despite these adverse conditions, sales grew to $88.8 million, an increase of 1.2%. On May 1, Winpak Holdings Ltd. acquired the remaining 20% of the common shares of Flex-On Inc. At the end of 1989, the company embarked on an extensive quality improvement program that will have an impact on all employees.

40 MANITOBA CROP INSURANCE

CORPORATION (Last year: Not Ranked)

Henry Nelson, General Manager

Sales: $84,000,000

Net income: N/A

Assets: N/A

Number of Employees: 90 Manitoba Crop Insurance Corporation is responsible for administering the Canada-Manitoba Crop Insurance Program, a cost-shared venture between farmers and the two levels of government. Operating since 1960, the program is designed to provide Manitoba farmers with compensation for crop losses due to natural hazards. From its head office in Portage la Prairie and through 19 agency offices, the Corporation provided $900 million in coverage to 17,000 farmers last year.

41 TRIPLE E CANADA LTD.

(Last year #46)

Philipp R. Ens, President & Chairman

Sales: $80,000,000 +19.4%)

Net Income: N/A

Assets: N/A

Number of Employees: 445 With demand for its Class E motorhomes strong at home, Triple E turned much of its marketing attention to Europe in 1989, particularly Sweden, Norway and Germany. All three areas showed promise and strength and management expects this trend to continue through 1990. The new SE Series of motorhomes was successfully introduced in 1989 across all of Canada. The company also formed a residential development division last year and started projects in Calgary and Yellowknife, NWT

42 SIMPLOT CANADA LIMITED

(Last year #42)

K.R. Einarson, Vice-President &

Resident Manager

Sales: $77,371,000 -3.3%)

Net Income: N/A

Assets: N/A

Number of Employees: 230 Simplot Canada is Brandon's largest private employer and the company's major Canadian plant. Inasmuch as the original ammonia facility is now 20 years old, the firm is undertaking feasibility studies for modernization and expansion of the plant. The proposal would increase production throughout the plant, would take three to five years to complete and would cost between $125 and $140 million.

43 MOFFAT COMMUNICATIONS LIMITED

(Last year #45)

Randall L. Moffat, President & Chairman

Sales: $70,472,000 +4.1%)

Net income: $4,328,000

Assets: $98,603,000

Number of Employees: 584 The past year was especially challenging for the company. Financial results were consistent with management's expectations, with operating gains recorded at Winnipeg Videon Incorporated and Kingwood Cablevision, being more than offset by declines at the Radio Division and CKY-TV. Cable television operations accounted for 65 percent of the operating profit in 1989. Videon enjoyed healthy growth, with operating profit increasing nine percent over prior year.

POLARIS INDUSTRIES INC.

44 (Last year: Not Ranked)

H. Ferguson, General Manager

Sales: $69,982,000

Net Income: N/A

Assets: N/A

Number of Employees: 26 For the 1989-90 selling season, snowmobile sales again were at their highest level in recent years and exceeded expectations and last year's levels. Polaris continues to be the premiere snowmobile and continues to expand its strong market share. Polaris anticipates strong sales of new model snowmobiles and ATVs introduced in 1989. It also unveiled another model that is the first electronic fuel-injected snowmobile. To achieve a greater share of the ATV market, the company has introduced a new entry-level ATV and two new liquidcooled utility models.

45 DOMINION TANNERS, A DIV. OF

UNITED CANADIAN SHARES

(Last year #47)

C.S. Riley, Jr., President & CEO

Sales: $68,002,504 +4.4%)

Net Income-. $3,180,541

Assets: $32,747,910

Number of Employees: 349 Our 1989 experience involved much effort and some progress. Sales grew nominally to $68 million while earnings increased by 14% to $3.2 million, or $2.25 per share. Late in the year the company entered into a 50-50 joint venture with Eagle-Ottawa Leather Co. of the U.S. Eagle-Ottawa is the oldest and largest producer of automotive upholstery leather in the world and should facilitate the expansion of automotive leather sales. After prolonged negotiations, in early 1990 the acquisition of the manufacturing operations of a major Canadian finisher of split and grain leathers was announced.

46 W.G. MCMAHON CANADA LTD.

(Last year #48)

K.P. Sutherland, President & CEO

Sales: $67,100,000 +4.7%)

Net Income: N/A

Assets: $23,000,000

Number of Employees: 140 The marketplace was considerably tighter in 1989 due to the Free Trade Agreement with the United States and the high Canadian dollar. However, an increase in imports from the U.S. afforded a wider diversity of products for the company. Because of the tighter markets locally, McMahon expanded into the northwestern United States to improve its visibility. With a continuation of value added service, the firm expects to increase its market penetration in 1990. 47 NEW FLYER INDUSTRIES LIMITED (Last year #61) Guy H. Johnson, Executive Vice-President Sales: $65,000,000 +62.5%) Net Income: N/A Assets: N/A Number of Employees: 385

48 SHELTER CANADIAN HOLDINGS LIMITED (Last year #53) Arni C. Thorsteinson, President Sales: $63,058,000 +13.9%) Net Income: $1,983,000 Assets: $268,054,000 Number of Employees: 600

49 JIM GAUTHIER CHEV OLDS CADILLAC LTD. (Last year: Not Ranked) Jim Gauthier, President Sales: $62,947,000 Net Income: N/A Assets: $8,831,000 Number of Employees: 103

50 CREDIT UNION CENTRAL OF MANITOBA (Last year #65) Mal Anderson, Chief Executive Officer Sales: $56,218,000 +49.6%) Net Income: $4,515,000 Assets:

$524,000,000 Number of Employees: 131

FRESHWATER FISH MARKETING 51 CORPORATION (Last year #51) Tom Dunn, President & General Manager Sales: $55,095,433 -5.1 %) Net Income: $8,329,837 Assets: $28,575,610 Number of Employees: 350 52 E.H. PRICE LIMITED (Last year #59) G.V. Price, President & CEO Sales: $54,898,900 +29.6%) Net income: N/A Assets: $33,879,000 Number of Employees: 650

53 KEYSTONE FORD SALES LTD. (Last year #52) Robert M. Kozminski, President Sales: $53,887,584 -4.9%) Net Income: N/A Assets: $20,713,368 Number of Employees: 130

CHICKEN DELIGHT OF CANADA LTD. 54 (Last year #56) Otto Koch, President Sales:

$48,300,000 +5.0%) Net Income: N/A Assets: N/A Number of Employees: 1,675

55 D.W. FRIESEN & SONS LTD. (Last year #58) David Friesen, Jr., President & CEO Sales: $48,000,000 +11.6%) Net Income: N/A Assets: N/A Number of Employees: 383

56 ALLMAR DISTRIBUTORS LTD. (Last year #63) Edwin G. Redekopp, President Sales: $46,000,000 +21.0%) Net Income: N/A Assets-' N/A Number of Employees: 105

57 DOMINION LUMBER WINNIPEG LTD. (Last year: Not Ranked) Brian Margolis, President Sales: $45,000,000 Net Income: N/A Assets: N/A Number of Employees: 250

ATOMIC TRANSPORTATION SYSTEM 58 INC. (Last year 60) Roland R. Engel, President & General Manager Sales: $42,000,000 +5.0%) Net Income: N/A Assets-' N/A Number of Employees: 450

59 FORT GARRY INDUSTRIES LTD. (Last year #64) R. Spitzke, President Sales: $42,000,000 +10.5%) Net Income: N/A Assets: N/A Number of Employees: 190

60 HOLIDAY CHEVROLET OLDSMOBILE 80 (1 983) LTD. (Last year #67) James R. Haddad, President Sales: $41,883,274 +17.2%) Net Income: N/A Assets: N/A Number of Employees: 75

61 METROPOL SECURITY (Last year #71) P.B. Haney, President Sales: $41,767,000 +26.5%) Net Income: N/A Assets: N/A Number of Employees-. 4,000

62 STEINBACH CREDIT UNION LIMITED 82 (Last year #72) Dennis Guenther, General Manager Sales: $41,700,000 +28.3%) Net Income: N/A Assets: $376,197,691 Number of Employees: 58

THE PORTAGE LA PRAIRIE MUTUAL 03 INSURANCE COMPANY (Last year #66) H.G. Owens, President & General Manager Sales: $38,612,461 +4.3%) Net Income: N/A Assets: N/A Number of Employees-. 96

64 PACE GREENTREE GROUP 4 (Last year #62) Guy Hobman, President Sales: $38,200,000 -4.4%) Net income: N/A Assets: N/A Number of Employees: 54

65 KRAFT CONSTRUCTION COMPANY LTD. (Last year #84) Henry S. Rattai, President Sales: $37,600,000 +41.3%) Net Income: N/A Assets: N/A Number of Employees: 75

66 B.A. ROBINSON CO. LTD. (Last year #70) J.R. Robinson, President Sales: $37,500,000 +11.9%) Net Income: N/A Assets: N/A Number of Employees: N/A

67 UNITED PHARMACISTS WHOLESALE MANITOBA LTD. (Last year #69) A.T. Shipman, Chief Executive Officer Sales: $37,000,000 +5.7%) Net Income: N/A Assets: $7,200,000 Number of Employees: 29

68 FLAIR HOMES (MANITOBA) LTD. (Last year #57) Bruce Maybank, President Sales: $36,963,111 -16.3%) Net Income: N/A Assets: N/A Number of Employees: 55

69 MONARCH INDUSTRIES LIMITED (Last year #68) A.W. Janke, President & COO Sales: $36,000,000 +2.8%) Net Income: N/A Assets: N/A Number of Employees: 392

70 CARTE INTERNATIONAL LTD. (Last year #74) J.K. Holland, President & CEO Sales: $36,000,000 +12.5%) Net Income: N/A Assets: N/A Number of Employees: 264

71 A.L. GROUP OF COMPANIES (Last year #73) A.L. Friesen, President Sales: $35,500,000 +10.9%) Net Income: N/A Assets: N/A Number of Employees: 287

72 ERNIE KELLER CONTRACTORS LTD. (Last year: Not Ranked) Ernie Keller, President Sales: $35,000,000 Net Income-. N/A Assets: N/A Number of Employees: 35

72 READYFOODS LIMITED (Last year #76) Richard Chornick, CMA, General Manager Sales: $35,000,000 +16.7) Net income: N/A Assets: $8,500,000 Number of Employees: 135

STOW SEED PROCESSORS LTD. 74 (Last year #78) D.K. Stow, President & CEO Sales: $35,000,000 +23.2%) Net income: N/A Assets: N/A Number of Employees: 45

75 GRANNY'S POULTRY CO-OPERATIVE MANITOBA) LTD. Last year #83) Fred Miller, General Manager & COO Sales: $32,800,000 +21.5%) Net Income: N/A Assets: N/A Number of Employees: 260

76 ASSINIBOINE CREDIT UNION LIMITED (Last year #81 ) Richard A. Feist, General Manager Sales- $32,130,899 +17.4%) Net Income: $512,129 Assets: $268,660,300 Number of Employees: 167

77 RED RIVER CO-OPERATIVE LTD. (Last year #79) Ken Casey, General Manager Sales: $30,775,215 +10.3%) Net Income: N/A Assets: $8,483,674 Number of Employees: 25

78 THE PRINCESS GROUP, INC. (Last year #82) Robert Tallman, President Sales:

$30,500,000 +12.4%) Net Income: N/A Assets-. N/A Number of Employees-. 260

79 PARK PONTIAC BUICK GMC LTD. (Last year # 77) David Dveris, President Sales: $28,705,000 (No Change) Net Income: N/A Assets: N/A Number of Employees: 80

BURROWS LUMBER INC. 80 (Last year #91) James W. Clarke, President Sales: $27,430,000 +22.6%) Net Income: N/A Assets- N/A Number of Employees: 9

81 MARR'S LEISURE PRODUCTS (1977) INC. (Last year: Not Ranked) William A. Marr, President Sales: $26,511,628 Net income-. N/A Assets: $13,049,086 Number of Employees: 64

82 LGM GRAPHICS INC. 82 (Last year #86) G.Grigaitis, President Sales: $26,029,274 +2.5%) Net Income: N/A Assets: N/A Number of Employees: 165

83 EASTERN SALES LTD. (Last year #88) J.H. Rewucki, President Sales: $26,000,000 +4.0%) Net Income: N/A Assets: N/A Number of Employees: 87

84 NORTHDALE ENTERPRISES LTD. (Last year #90) Bruce W. McLean, President Sales: $25,400,000 +3.2%) Net Income: N/A Assets: N/A Number of Employees: 90

85 GEMINI FASHIONS OF CANADA LTD. (Last year #97) Gary T. Steiman, President Sales: $25,000,000 +25.0%) Net Income: N/A Assets: $7,500,000 Number of Employees: 275

WESTERN GLOVE WORKS LTD. So (Last year: Not Ranked) Robert Silver, President Sales: $25,000,000 Net Income: N/A Assets: N/A Number of Employees: 425

KITCHEN CRAFT OF CANADA LTD. 87 (Last year #96) Herb D. Buller, General Manager Sales: $24,534,000 +23.1%) Net income: N/A Assets: N/A Number of Employees: 527

88 COMCHEQ SERVICES LIMITED (Last year #95) W.H. Loewen, Chairman Sales: $23,965,000 +16.3%) Net Income: N/A Assets: $6,444,563 Number of Employees: 465

89 VICON MANUFACTURING INC. (Last year: Not Ranked) John Priest, Production Manager Sales - $23,000,000 Net Income: N/A Assets: N/A Number of Employees: 75

90 CAMBRIAN GROUP LTD. (Last year #80) Pierre Lemieux, President Sales: $22,580,000 -18.2%) Net Income-. N/A Assets: N/A Number of Employees: 61

91 TEMRO DIVISION, BUDD CANADA INC. (Last year #87) Brian Danaher, General Manager Sales: $22,000,000 -12%) Net Income: N/A Assets: N/A Number of Employees: 180

92 FARM KING ALLIED INC. (Last year #99) John Buhler, President Sales - $21,000,000 +5.4%) Net Income: N/A Assets: $22,000,000 Number of Employees: 260

POLLARD BANKNOTE LIMITED 83 (Last year: Not ranked) Lawrence 0. Pollard, President Sales: $20,695,000 Net Income: N/A Assets: $14,770,000 Number of Employees: 235

94 BUILDING PRODUCTS & CONCRETE SUPPLY LTD. (Last year #92) Richard Rosenblat, President Sales: $20,000,000 -10.0%) Net Income-. N/A Assets.- N/A Number of Employees: 150

95 STYLERITE DEPARTMENT STORES LTD. (Last year #98) R.J. Baker, President Sales: $20,000,000 (No change) Net Income: N/A Assets: N/A Number of Employees: 375

96 CAMBRIAN CREDIT UNION LIMITED (Last year: Not Ranked) H. G. Vermene, General Manager Sales: $18,829,599 Net Income: $483,206 Assets: $168,089,424 Number of Employees: 1 1 2

97 F.W. SAWATZKY (WESTERN) LTD. (Last year: Not Ranked) Lorne Evans, President Sales: $18,500,000 Net Income: N/A Assets: N/A Number of Employees: 35

98 ENNS BROTHERS LIMITED (Last year: Not Ranked) Jake Enns, President Sales:

$18,400,000 Net Income: N/A Assets: N/A Number of Employees: 45

U & R TAX SERVICES LTD. Be (Last year-. Not Ranked) Allan M. Jacks, Chief Executive Officer Sales: $17,200,000 Net income: N/A Assets: $4,900,000 Number of Employees: 330

CRYSTAL DEVELOPERS LTD. 100 (Last year: Not Ranked) Rubin Spletzer, President Sales: $16,885,207 Net Income: N/A Assets: N/A Number of Employees: 4
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Title Annotation:No full text - table only; the largest 100 Manitoba companies
Publication:Manitoba Business
Article Type:directory
Date:Jul 1, 1990
Words:6485
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