Livestock Water Recycling has been named as one of Canada's fastest growing technology companies in the 19th annual Deloitte Technology Fast 50 awards for demonstrating bold innovation, dedicated leadership and strong growth. The Deloitte Technology Fast 50 program celebrates leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown leaders. LWR ranked 30th with a 415% in revenue growth from 2012 to 2015.
"We have created the only proven system that segregates and concentrates manure nutrients while recycling clean water back to the farm,” says President Ross Thurston. “Livestock operations needed a system that would help them extract the real value from their manure, and one that would allow them to continue to farm sustainably for years to come,” he adds.
Today, over 590,000,000 million gallons of manure can be treated annually through LWR Systems that are currently installed across North America. Not only are nutrient values maximized, but this method of manure treatment currently results in the potential recovery of over 400 million of gallons of clean, reusable water. Enough water to fill 639 Olympic sized swimming pools, or the equivalent of the annual water consumption of over 13,000 Canadians. And that number rises with every new installation.
"To be recognized as one of Canada's fastest growing technology companies is the result of our ongoing desire to provide the livestock industry with proven, reliable technology that truly adds value to farming operations. To be ranked on the Deloitte Technology Fast 50 is an honor and we thank our customers and our dedicated team for getting us here," says Thurston.
“Fast 50 companies are the cutting-edge innovators leading the technology industry in Canada,” said Anders McKenzie, Technology, Media and Telecommunications Managing Partner for Deloitte in Canada. “Their bold vision, unrivaled growth and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.