Radiant floor systems maker Nuheat Industries has been named one of Canada's 50 Best Managed Companies of the Year by Canadian businesses including Deloitte, CIBC Commercial Banking, the National Post and Queen's School of Business.

The yearly Best Managed awards honor Canadian companies that display exemplary leadership, values and management.

John Rose, president of Nuheat, said his company was honored to receive the recognition.

"We share this recognition with our American partners who supply us with wire and fabric, which are the two main components of our products," says John Rose, president of Nuheat. "The U.S. market is important to us because three-quarters of our sales are to American homeowners."