UK: Condensate pump and ancillaries company Aspen Pumps and HVACR tube manufacturer Lawton Tube are amongst the winners in this year’s Queen’s Awards for Enterprise, announced today.
Both have won awards for International Trade, having demonstrated substantial growth in overseas earning and in commercial success (for their business size and sector) through either outstanding achievement over three years or continuous achievement over six years. Air-source heat pump manufacturer Ideal Boilers also won an International Trade Award.
Sussex-based Aspen Pumps won an award for growing its overseas sales from £20.9m to £41.8m over the last three years. The company’s main international markets are France, Australia, Germany, USA and the Netherlands.
This latest award follows Aspen’s previous Queen’s Award successes – one for International Trade in 2009, followed by another for Innovation in 2014.
Lawton Tube wins the Queen’s Award for International Trade for Outstanding Short Term Growth in overseas sales over the last three years. During that time overseas sales have grown by 93% and the proportion of sales exported has increased from 5% to 8% of total sales. Its main markets are Ireland and the Middle East, with 16 new markets entered, including Hong Kong.
Established in 1966, the Queen’s Awards for Enterprise are the most prestigious annual awards for UK business, designed to recognise and encourage outstanding achievements in the fields of innovation, international trade, sustainable development and promoting opportunity (through social mobility).
This year, 201 UK businesses have been recognised: 61 for Innovation; 129 for International Trade; five for Promoting Opportunity (through social mobility); six for Sustainable Development.