Reliance Foundry Co. Ltd. Ranks No. 288 on the 2016 PROFIT 500

SURREY, British Columbia - Sept. 19, 2016 - PRLog -- Canadian Business and PROFIT ranked Reliance Foundry Co. Ltd. No. 288 on the 28th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Reliance Foundry Co. Ltd. made the 2016 PROFIT 500 list with five-year revenue growth of 187%.

"Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit," says James Cowan, Editor-in-chief of PROFIT and Canadian Business. "These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe."

"We are honored to have made this year's PROFIT 500 list," says Brad Done, Vice-President of Reliance Foundry. "Our company's growth over the past few years has afforded us opportunities for continuous improvements in infrastructure, employee development, customer service and product line evolutions. We intend to continue focusing on growth as a means of facilitating continuous improvement."

Founded in 1925, Reliance Foundry started as a small metal casting foundry, providing cast parts for local projects such as the construction of the Second Narrows Bridge and Playland's world-famous Wooden Roller Coaster. By the early 2000s high operation costs and outdated equipment made it difficult for Reliance Foundry to remain competitive against international producers.

Reliance Foundry saw an opportunity to evolve while continuing to serve its legacy casting clients. By positioning itself as an authority online, the company soon found itself servicing new customers from all across North America.

If you would like more information about this topic, please contact Brad Done at (604) 592-4323 or email at brad@reliance-foundry.com.

About Reliance Foundry Co. Ltd.

Reliance Foundry Co. Ltd. delivers the highest-quality stock and custom-designed products for architectural site furnishings, traffic management, and industrial applications. Since 1925, Reliance Foundry has built upon a long tradition of metal casting expertise to become an award-winning supplier for high-profile and everyday needs across North America. For more information, please visit reliance-foundry.com.

About PROFIT and PROFITguide.com

PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business — what leadership looks like.