MONTREAL, QUEBEC, September 28, 2025 — Damotech is proud to announce its inclusion in the 2025 Report on Business ranking of Canada’s Top Growing Companies for the eighth consecutive year. The company ranked No. 160 in the Manufacturing category and No. 362 overall on this year’s list, with a three-year revenue growth of 221%. This latest honor underlines Damotech’s sustained growth and leadership position in the warehouse safety industry.
Launched in 2019, Canada’s Top Growing Companies is an editorial ranking that celebrates the achievements of entrepreneurial businesses nationwide. Companies are ranked based on their three-year revenue growth, showcasing innovation, resilience, and strong market performance. Damotech’s consistent appearance on this list yearly reflects the company’s strategic vision and unwavering commitment to excellence in serving the warehouse safety sector.
Damotech’s rapid growth in recent years has been fueled by expansion across the United States and Canadian markets and a more substantial field presence that extends our reach and service capacity. By broadening its footprint and deploying more rack safety experts, the company delivers faster, hands-on support to clients nationwide. These initiatives have enabled Damotech to meet the demands of a growing customer base while reinforcing its position as a North American industry leader.
Eric Naaman, CEO of Damotech, expressed pride in the accomplishment: “To achieve this recognition for an eighth consecutive year is a testament to our team’s dedication and relentless effort, and I’m extremely proud of what we’ve accomplished together. This honor also reflects the trust our customers place in Damotech’s solutions. We will continue investing in our growth and innovation to accelerate our momentum and maintain our leadership in the North American warehouse safety industry.”
The complete list of 2025 winners, along with accompanying editorial coverage, is available in the October issue of Report on Business magazine and on The Globe and Mail’s website.
“Our annual ranking of Canada’s Top Growing Companies reflects the sector-spanning ingenuity of this country’s entrepreneurs and corporate leaders,” said Dawn Calleja, Editor of Report on Business magazine. “And we think it’s important to tell their stories, to help inspire the next generation of up-and-comers across the country.”
“Our annual ranking of Canada’s Top Growing Companies reflects the sector-spanning ingenuity of this country’s entrepreneurs and corporate leaders,” says Dawn Calleja, Editor of Report on Business magazine. “And we think it’s important to tell their stories, to help inspire the next generation of up-and-comers across the country.”
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.1 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.7 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
Damotech is the largest pallet rack safety and repair company in North America. For 30 years, it has helped warehouse owners and operators keep their work environment safe by maintaining the structural integrity of their racking systems.
With its lines of rack protection and repair products, Damotech strives to end the endless cycle of upright replacement by focusing on warehouse safety and the permanent elimination of recurring rack damage. Through engineering services, Damotech helps create a safer working environment, bringing warehouse managers and employees true peace of mind. The company also offers the only dedicated rack inspection and management cloud-based software on the market.