Recognition for global partnerships FOREIGN WINNERS
QUEEN'S AWARDS A SPECIAL REPORT
Friday 21 April 1995
But the competition is now an international one with 27 per cent of this year's winners thesubsidiaries of foreign owned companies. American, Japanese, Swiss, Swedish and German companies are all represented alongside such British institutions as Lloyd's Register of Shipping and Marks & Spencer.
Masaaki Nakamura, managing director of Yuasa Battery, said the award had been well received in Japan, as had an earlier export award success in 1986. The company, which set up in Ebbw Vale, South Wales in 1982, has trebled its exports in the past 10 years to more than £20m. It manufactures rechargeable batteries used as back-up supplies for security, medical and computer equipment.
"We regard this award as a very high honour for our company which endorses our parent company's confidence in investing here in the UK," Mr Nakamura said. "It must also encourage other overseas companies to see that Britain can be a country for secure investment."
Yuasa is just beginning a further investment programme worth £7m which will increase output by 40 per cent in the next 12 months, following sales growth in France and Italy.
The value of a public endorsement of the investment strategy was supported by Peter Lishman, managing director of Boss Industrial Mouldings, of Mildenhall, Suffolk, a subsidiary of BIMS AG, of Switzerland. The company exports more than 70 per cent of its output of oven lights and indicators for domestic and commercial ovens.
"It shows we can deliver the goods," he said. "It shows we are competitive to the best European standards and is worth more than just a growth in sales volume."
TRAK Microwave, an American company based in Tampa, Florida, set up a subsidiary in Dundee on the east coast of Scotland in 1987 as a means to enter European markets for its high-technology components in the space, defence and communications industries. It now employs about 85 people with a turnover of £5m.
Dale Burns, company president, said of the company's export award: "We chose Dundee because we saw the advantages of the availability of highly skilled people at all levels. It looks like our decision paid off and TRAK in Tampa is real excited that the Dundee operation has received this recognition."
Diamond Power Speciality, of Dumbarton, Scotland, is a subsidiary of McDermott International, a large heavy engineering company based in the United States. Its workforce of 120 makes cleaning systems for boilers and heat exchangers and exports to 40 countries.
"We are very much a hands-off operation," said managing director Allan Naismith. "They probably don't know much about the Awards in the States, but they will do by the time we have finished with them".
- 3 Make your voice heard: Sign The Independent's petition to welcome refugees
- 4 Refugee crisis: Aylan's life was full of fear - in death, he is part of 'humanity washed ashore'
- 5 German police forced to ask public to stop bringing donations for refugees arriving by train
Senior British politicians tell David Cameron: When dead children are being washed up on beaches – it's time to act
Jeremy Corbyn calls Osama bin Laden's killing a 'tragedy' - but was it taken out of context?
If these extraordinarily powerful images of a dead Syrian child washed up on a beach don't change Europe's attitude to refugees, what will?
Britain to take more refugees as Cameron bows to pressure after more than 100,000 back our campaign
If you're not already angry about the refugee crisis, here's a history lesson to remind you why you really should be
Theresa May says migrants should be banned from entering the UK unless they have jobs lined up
iJobs Money & Business
£20000 - £40000 per annum + OTE + Incentives + Benefits: SThree: Established f...
£20000 - £25000 per annum + OTE 40/45k + INCENTIVES + BENEFITS: SThree: The su...
£14000 - £16000 per annum: Recruitment Genius: This company was established in...
£20000 - £25000 per annum + OTE 40k: SThree: SThree are a global FTSE 250 busi...