TORONTO – Metro Compactor Service is one of 53 companies joining the MaRS Momentum Program.
The program is designed to support high growth science and technology companies in Canada on their path to becoming global powerhouses, with the potential to reach $100 million yearly revenue in the next five years.
MaRS Momentum is funded by FedDev Ontario, and works closely with senior executives to provide strategic support in attracting top talent, expanding into global markets, and raising capital. The program’s ultimate goal is to help the executive teams turn companies with high potential into high growth powerhouses.
If these companies maintain a 20 percent annual growth rate for the next five years, they will add some 9,000 new high-paying jobs.
“The companies we have selected are being built on Canadian values,” said Krista Jones, Momentum’s founding executive.
“They are growing in sustainable, profitable ways, solving urgent issues and creating the kind of good jobs Canada needs,” she said. In fact, Momentum companies are working toward solutions for all 17 of the sustainable development goals outlined by the United Nations.”
“Metro is transforming the waste equipment industry through its pioneering technology and by providing super service to its customers, partners, and staff,” said Danny Mauti, CEO of Metro Compactor Service.
“When we all work together and create the right environment for growth and innovation, amazing things happen.”
Metro supplies IoT systems for waste equipment service and is the parent company of iSMART Technologies. iSMART empowers sustainability and waste-management teams across all industries, through insights and tools that enable them to reach and surpass their targets.
“Our pioneering IoT technology – iSMART – is a game changer for the waste industry. We’re bringing transparency into the industry like never before; and we’re providing all of this information to our clients so that they can optimize their systems, make them more efficient and sustainable, and keep raising the bar in what is possible. We’re looking to the next five, 10, and 20+ years, not just the next few years,” said Mauti.
Metro Compactor Service offers a full range of technology-enabled waste equipment services and sales for the multi-unit residential, commercial, industrial and institutional markets nationwide. Metro’s service fleet—the largest in Canada—repairs and maintains equipment of every make, model, and size, in every marketplace.