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Poster-child for British Manufacturing Wins Another Major Award - Posted 7 December, 2011.
AESSEAL was presented
with another major business award in a ceremony at the House of Lords, being
named the International Trade Company of
the Year. This follows just two weeks after the company’s stand-out success
at the Manufacturing Excellence Awards (the ‘Manufacturing Oscars’) where it
was also declared the overall winner.
The
2010/2011 International Trade Awards are a particularly prestigious award,
befitting of their venue, which honour the UK’s leading exporters who have
thrived in defiance of the recent economic troubles.
According to a statement on the International Trade Awards’ website:
“Following an unprecedented number of high quality applications the judging panel, chaired by Phil Orford of the Forum of Private Business, confirmed that AESSEAL plc - a leading provider of high-integrity mechanical seals with customers in over 100 countries worldwide - was the outstanding candidate.”
From humble beginnings as a simple engineering store in 1979, AESSEAL has grown approximately 20% per year every year to become the fourth largest mechanical seal manufacturer in the world. Amazingly, despite breaking the £100 million annual turnover barrier last year, this outstanding growth rate shows no sign of stopping: early projections actually show even higher growth – with the company expecting a turnover of approximately £125 million this year. The company’s other product ranges include bearing protection capable of extending industrial bearing life by 52%, and water-saving technology which saves industry and the planet 25 billion gallons (115 billion litres) of water per year.
The
company’s founder and Managing Director, Chris J. Rea, O.B.E, picked up the
award personally from the House of Lords ceremony yesterday. When asked for
comment, he was quick to praise the team he leads:
"The
award is recognition for the whole team who put in the hard work to ensure we
continually reach our goals,"
The win builds upon the company’s recent award-success at the Institution of Mechanical Engineer’s Manufacturing Excellence Awards (the ‘Manufacturing Oscars’) where it was named the overall winner, receiving the coveted “IMechE Award for Manufacturing Excellence” as well as also winning the “IMechE Award for Customer Focus.”
When asked
for comment on the company’s success, CEO Jonathan Wilkinson said:
“Our key driver is to deliver our products and services to
customers wherever they may be in the world. Much of our success is based on
trading internationally, being unafraid to seek out new markets, delivering an
exceptional customer experience on a worldwide stage. The growth the team
continue to achieve internationally is exactly the kind of success the whole of
the UK needs to focus upon in these uncertain economic times.”
A clip of “the Boat that Guy built” features Chimo Holdings. The filming of the work process is interesting.
The link to the relevant part of the programme is on the right
Kevin Parkin -Turnaround King's model for the next generation of entrepreneurs.
The link to the article is on the right.