MONTRÉAL, May 16,
2022 /PRNewswire/ - As part of its celebration of the
Great builders of the Québec economy, the Institute for Governance
of private and public organizations ("IGOPP") has named
Madeleine Paquin, President and CEO
of LOGISTEC Corporation ("LOGISTEC"), Louis
Audet, Executive Chair of the Board of Cogeco, and
Lino Saputo, founder of Saputo, as
the laureates of its sixth edition.
Since this initiative was launched in 2010, IGOPP has been
celebrating the boldness, innovation and outstanding merits of the
exceptional business builders who are shaping Québec's economy. The
three laureates are a shining example of the input made by
long-standing, family-owned Québec businesses.
"These companies' success and significant contribution to the
Québec economy sets an excellent example for the next generation of
entrepreneurs. LOGISTEC has a remarkable story of continued
strategic growth that could only have been achieved through the
drive and bold determination of its President and CEO, Madeleine Paquin, of her leadership team and of
our 3,200 people working across North
America," stated J. Mark
Rodger, Chairman of the Board of LOGISTEC.
"Madeleine Paquin is a true
visionary, leading a company that went public over 50 years ago and
is among the few female leaders of a Canadian company with shares
listed on the Toronto Stock Exchange. She is the first female
entrepreneur, following Dorimène Desjardins, to be named a Great
Builder by IGOPP since 2011 and will be added to the Wall of Great
Builders of the Québec Economy," confirmed the President and CEO of
IGOPP, François Dauphin.
"Throughout our 70-year history, we have taken bold and
thoughtful steps that have allowed us to continue to grow and
prosper, to prepare for the next generation of talent, and to
contribute to the economic ecosystem. I am very proud of LOGISTEC's
evolution, and I am deeply grateful to IGOPP for this award, which
I share with my entire leadership team," said Madeleine Paquin, President and CEO,
LOGISTEC.
A bronze plaque for each of the laureates will be added to the
Wall of Great builders of the Québec economy, on the mezzanine at
1000 De la Gauchetière West, which features more than a dozen
builders honoured since 2010. They are Laurent Beaudoin, Paul
Desmarais, Alain Bouchard,
Serge Godin, John and Eric Molson, André Chagnon, the Lemaire
and Pomerleau families, and the financial and agricultural
cooperative movement, specifically Dorimène and Alphonse Desjardins.
This Wall is intended to remind future generations of the
efforts made by the entrepreneurs who have built and will continue
to build important, sustainable businesses for the Québec
economy.
About LOGISTEC
LOGISTEC Corporation is based in Montréal (QC) and provides
specialized services to the marine community and industrial
companies in the areas of bulk, break-bulk and container cargo
handling in 54 ports and 80 terminals located in North America. LOGISTEC also offers marine
transportation services geared primarily to the Arctic coastal
trade as well as marine agency services to shipowners and operators
serving the Canadian market. Furthermore, the Company operates in
the environmental industry where it provides services to
industrial, municipal and other governmental customers for the
renewal of underground water mains, dredging, dewatering,
contaminated soils and materials management, site remediation, risk
assessment, and manufacturing of fluid transportation products.
The Company has been profitable and has paid regular dividends
since becoming public and payments have grown steadily over the
years. A public company since 1969, LOGISTEC's shares are listed on
the Toronto Stock Exchange under the ticker symbols LGT.A and
LGT.B. More information can be obtained on the Company's website at
www.logistec.com.
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SOURCE Logistec Corporation - Communications