A Kelowna company that specializes in wildfire protection equipment is once again one of Canada’s fastest growing companies.
Wasp Manufacturing recently landed at No. 178 in this year’s Globe and Mail Report on Business ranking of Canada’s top growing companies, thanks to its 254% economic growth over the last three years. Wasp also cracked the list last year.
“We are extremely proud of this accomplishment for the second year in a row,” company CEO Randy Cowling said in a press release. “In the past year we have increased our U.S. sales significantly and are extremely excited to announce we are expanding into Australia beginning in 2023.”
Wasp’s most popular product is the gutter mount sprinkler bracket, which allows firefighters to get water to the rooftops easily and without ladders. The brackets are mandatory equipment for structure protection units on contract with British Columbia Wildfire Services.
Some Canadian and U.S. fire departments sell the brackets as part of a fundraiser, which has brought in tens of thousands of dollars for equipment and wildfire protection in their respective communities.
Two other Thompson Okanagan companies cracked the list, which consisted of 430 businesses. Kamloops’ Stites Consulting landed at No. 100, while Coldstream’s EZ Snap ended up at No. 260.