Area companies still ranking with Alberta Venture

Central Alberta continues to be well-represented on Alberta Venture magazine’s list of the province’s top revenue earners.

Central Alberta continues to be well-represented on Alberta Venture magazine’s list of the province’s top revenue earners.

Red Deer’s Parkland Income Fund, and Agriculture Financial Services Corp. — a provincial Crown corporation headquartered in Lacombe, are ranked 30th and 49th respectively on the business publication’s 2010 list.

Last year, Parkland held down the No. 35 spot and AFSC was 76th.

The 2010 rankings were based on 2009 revenues, with Parkland reporting just over $2 billion and AFSC a little more than $1 billion.

Cracking Alberta Venture’s “Next 100” list were High Arctic Energy Services at No. 131, with $122.6 million in 2009 revenues; IROC Energy Services Corp. at 189, with just over $49 million; and Gamehost Income Fund at No. 193, with $43.9 million. Last year, High Arctic was the only one of these companies to rank in the top 200, at 155th.

Cervus Equipment Corp., which relocated its head office from Red Deer to Calgary several years ago, moved to the No. 80 spot with 2009 revenues of $377.5 million. Last year, it was ranked 109th.

Alberta Venture also compiled a list of the province’s 50 highest-grossing private companies, with Strata Energy Services Inc. — which operates out of Blindman Industrial Park north of Red Deer — holding down the final spot. It had 2009 revenues of $27.4 million.

As in previous rankings, energy companies held the top spots.

This year Suncor Energy Inc. was first, with 2009 revenues of $45 billion, followed by Imperial Oil Ltd. ($21.3 billion) and Husky Energy Inc. ($15.1 billion).

The magazine noted that the recession hit Alberta’s resource-oriented businesses particularly hard. It calculated that the total revenues of companies in its top 100 list were 29 per cent lower in 2009 than in 2008.

A list of Alberta’s top not-for-profit entities included Chinook’s Edge School Division at No. 22 ($105.8 million in 2009 revenues), Red Deer Public School District in 25th place ($93.4 million), Red Deer College ranked 27th ($88 million), Wolf Creek School Division in 29th spot ($74.3 million) and Wild Rose School Division in 43rd place ($56 million).

The Alberta Venture rankings and related information is contained in the magazine’s September issue, and is also available online at albertaventure.com.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

This unicorn was stolen from the small community of Delia, northeast of Drumheller on Friday and was recovered, with its bronze horn broken off, on Saturday. RCMP are looking for information on the suspects.
(Photo from RCMP)
Unicorn statue stolen from Delia recovered

Statue found with horn broken off in field about 15 km from Delia

(Advocate file photo)
Lacombe man whose manslaughter sentence was rejected by judge has new lawyer

Judge rejected proposed seven-year sentence for manslaughter in connection with 2019 homicide

Prime Minister Justin Trudeau holds a news conference at Rideau cottage in Ottawa, on Friday, March 13, 2020. THE CANADIAN PRESS/Fred Chartrand
Liberals to release federal budget with eye on managing crisis, post-pandemic growth

OTTAWA — The federal government will this afternoon unveil its spending plans… Continue reading

Patches are seen on the arm and shoulder of a corrections officer in the segregation unit at the Fraser Valley Institution for Women during a media tour, in Abbotsford, B.C., on Thursday, Oct. 26, 2017. Correctional Service Canada says three inmates at Fraser Valley Institution recently tested positive for COVID-19. THE CANADIAN PRESS/Darryl Dyck
Drumheller Institution inmate dies in custody

Inmate’s April 15 death under investigation

In this image from NASA, NASA's experimental Mars helicopter Ingenuity lands on the surface of Mars Monday, April 19, 2021. The little 4-pound helicopter rose from the dusty red surface into the thin Martian air Monday, achieving the first powered, controlled flight on another planet. (NASA via AP)
NASA’s Mars helicopter takes flight, 1st for another planet

CAPE CANAVERAL, Fla. — NASA’s experimental helicopter Ingenuity rose into the thin… Continue reading

A vial of the Medicago vaccine sits on a surface. CARe Clinic, located in Red Deer, has been selected to participate in the third phase of vaccine study. (Photo courtesy www.medicago.com)
Red Deer clinical research centre participating in plant-based COVID-19 vaccine trial

A Red Deer research centre has been selected to participate in the… Continue reading

In this Feb. 24, 2020, photo, the Olympics rings are reflected on the window of a hotel restaurant as a server with a mask sets up a table, in the Odaiba section of Tokyo. The vaccine rollout in Japan has been very slow with less than 1% vaccinated. This of course is spilling over to concerns about the postponed Tokyo Olympics that open in just over three months.(AP Photo/Jae C. Hong, File)
Will Japanese Olympians be vaccinated ahead of the public?

TOKYO — The vaccine rollout in Japan has been very slow with… Continue reading

PSG's Kylian Mbappe, right, greets Bayern's Lucas Hernandez at the end of the Champions League, second leg, quarterfinal soccer match between Paris Saint Germain and Bayern Munich at the Parc des Princes stadium, in Paris, France, Tuesday, April 13, 2021. (AP Photo/Francois Mori)
PSG, Bayern the big names missing from Super League plan

DÜSSELDORF, Germany — The plan for the new Super League soccer competition… Continue reading

In this image released by Paramount Pictures, Marion Cotillard, left, and Brad Pitt appear in a scene from "Allied." (Daniel Smith/Paramount Pictures via AP)
Leo Carax’s ‘Annette’ to open Cannes Film Festival

Leo Carax’s “Annette,” starring Marion Cotillard and Adam Driver, will open the… Continue reading

From left, Producer Doug Mitchell, actor Chris Hemsworth and director George Miller attend at a press conference to announce the new "Mad Max" film at Fox Studios Australia in Sydney, Monday, April 19, 2021. (Mick Tsikas/AAP Image via AP)
‘Mad Max’ prequel shot in Outback to be released in 2023

SYDNEY, Australia — A prequel to the “Mad Max” movie franchise starring… Continue reading

In this Feb. 1, 2021 file photo, emissions from a coal-fired power plant are silhouetted against the setting sun in Independence, Mo. President Joe Biden faces a vexing task as he convenes a virtual climate summit on Thursday. He is expected to present a nonbinding but symbolic goal to reduce greenhouse gas emissions that will have a tangible impact not only on climate change efforts in the U.S. but throughout the world. (AP Photo/Charlie Riedel, File)
Biden pressed on emissions goal as climate summit nears

WASHINGTON — When President Joe Biden convenes a virtual climate summit on… Continue reading

Women wearing masks wait near an advertisement ahead of the Auto Shanghai 2021 show in Shanghai on Sunday, April 18, 2021. Automakers from around the world are showcasing their latest products this week in the world's biggest market for auto vehicles. (AP Photo/Ng Han Guan)
VW, Ford unveil SUVs at China auto show under virus controls

SHANGHAI — Volkswagen, Ford and Chinese brands unveiled new SUVs for China… Continue reading

Investigators from the Vancouver Police Department were in Chilliwack Saturday, collecting evidence connected to a double homicide. (file photo)
Police investigate shooting death of man outside downtown Vancouver restaurant

Vancouver police say one man was killed in what they believe was… Continue reading

Dr. E. Kwok administers a COVID-19 vaccine to a recipient at a vaccination clinic run by Vancouver Coastal Health, in Richmond, B.C., Saturday, April 10, 2021. THE CANADIAN PRESS/Jonathan Hayward
B.C. to start registering people 18 years and older for COVID-19 vaccines

VICTORIA — The British Columbia government says it’s inviting people 18 years… Continue reading

Most Read