Press Release: CareGo Tek Ranks No. 12 on the 2020 Growth List – Canadian Business unveils annual list of Canada’s Fastest-Growing Companies

CareGo Tek Ranks No. 12 on the 2020 Growth List

Canadian Business today ranked CareGo Tek No. 12 on the 32nd annual Growth List, the definitive ranking of Canada’s Fastest-Growing Companies. Produced by Canada’s premier business and current affairs media brands, the Growth List ranks Canadian businesses on five-year revenue growth. Growth List winners are profiled in a special print issue of Canadian Business published with Maclean’s magazine and online at and

CareGo Tek made the 2020 Growth List with five-year revenue growth of 8049%. “The companies on the 2020 Growth List are really exceptional. Their stories are a masterclass in how to survive when the economy throws a curveball. Despite turbulence, the 2020 Growth List companies showed resilience, spirit and, most importantly, empathy and strong leadership,” says Susan Grimbly, Growth List Editor. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that the heart of Canada’s entrepreneurial community beats strong, even in tough times.”

“It was great to see the growth list come out and seeing our company CareGo Tek in the 12th spot. Making the list in the first place was an exciting achievement for our group, seeing that we made it into the top 20 is a great testament to the team we have at CareGo. Well done group! Congratulations, to all the other companies who made the list.” says CEO & President Demetrius Tsafaridis.

CareGo Tek is a technology business based in Burlington, Ontario. The company provides products and services that enable manufacturers such as steel mills, steel service centers and pipe and tube mills, to utilize automation to move, store and retrieve their heavy products (steel coils, plate, slabs, sheets, pipes and tubes) with unparalleled ease, safety and efficiency. Earlier this year CareGo Tek was honored with the Burlington Chamber of Commerce Business Excellence Awards for Innovation and Technology Business Excellence award, "Press Release CareGo: Recipient of Innovation and Technology Award at Burlington Chamber Gala Night 2020".


For over 30 years, the Growth List ranking of Canada’s Fastest-Growing Companies (formerly the Growth 500) has been Canada’s most respected and influential ranking of entrepreneurial achievement. Originally developed by PROFIT and now published in a special Growth List print issue of Canadian Business (packaged with the December issue of Maclean’s magazine) and online at and, the Growth List ranks Canadian companies on five-year revenue growth, and the Startup List ranks Canadian new growth companies on two-year revenue growth. For more information on the ranking, visit


Founded in 1928, Canadian Business is the longest-serving business publication in the country. It has fuelled the success of Canada’s business elite and, through the Growth List ranking, celebrates leadership, innovation, business strategy and management tactics. Learn more at


Founded in 2012 CareGo Tek has been on the leading edge of Automation in the Steel industry across the globe using their flagship patented product TELIA. CareGo Tek also strongly believes in giving back to the community. Supporting local charities such as the Eva Rothwell Center, as well as working and collaboration with other local charities, sports teams and groups.

For more information on this release

Please contact:

Ashley McCalmont

CareGo; Marketing Assistant


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