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Firms celebrate Queen's Awards
THREE North Buckinghamshire companies are celebrating after being named among the winners of this year’s Queen’s Awards for Industry and Innovation.
Rapid expansion into markets across the world has earned Milton Keynes-based Beardow Adams, a leading manufacturer of hot melt adhesives, its fifth Queen’s Award for International Trade.
GPS technology specialist Racelogic, with exports from its Buckingham factory totaling 80 per cet of its turnover, has received Queen’s Awards for International Trade and Innovation for its development of LabSat, a device to enable satellite navigation systems to be tested without leaving the laboratory.
Key control system manufacturer Traka has won a Queen’s Award for Innovation. It has developed intelligent lockers, designed for managing sensitive assets.
Beardow Adams, which supplies the glue that attachs labels to products ranging from jars and bottles to car trim and wood panels, was among the UK’s 100 fastest growing companies last year, thanks to its expansion into Australia, South Africa and Chile.
The firm exports 70% of its products from its factory at Bradville, earning it this year’s Queen’s Award for International Trade.
Sales and marketing director Nick Beardow (pictured) said: “It is a great boost for our 85 staff and something they richly deserve. To win our fifth Queen’s Award shows that we, all of us, must be doing something right.
“Everyone here is really proud of the way that the things we make in Milton Keynes are sold all round the world. It proves that Britain really can compete. We are delighted to be a part of the export drive and greatly honoured by this award.”
The firm supplies leading global brands including Coca Cola, Nestlé, Colgate and Unilever but has its sights set on becoming a more significant player in the Asia-Pacific markets.
Mr Beardow said: “We so often hear about how British manufacturing is dead and that we do not export but it is just not true. The Queen’s Award has a big impact outside this country. The Queen is still held in high esteem and that Royal recognition counts for a great deal in many places.”
Racelogic, founded in 1992, supplies speed, distance and acceleration measurement devices to the automotive sector. It is established in more than 85 countries and sells to almost every car manufacturer in the world, including Ferrari, Porsche, VW, Honda and Mercedes Benz.
A Department of Business, Innovation and Skills spokesman said: “The strength of the company is its ability to innovate in an increasingly complex sector, with recent growth coming from the provision of solutions to test the latest in advanced driver assistance systems.”
Racelogic manufactures its products at its Buckingham headquarters. The firm won the Innovation award for LabSat, a device to enable satellite navigation systems to be tested without leaving the laboratory.
The BIS spokesman said: “The innovation has taken validation of satellite navigation systems to new levels, thus increasing confidence in their performance. LabSat sales have contributed significantly to the growth of the company.”
Olney-based Traka plc has received a Queen’s Award for Innovation for its development of intelligent security lockers.
The lockers, which automatically provide registered users access to specified items, are designed for managing sensitive assets. Users are identified by scanners, including chip and pin card-readers and biometric-readers.
The devices are already being used in hospitals, casinos and warehouses. As well as increased security, benefits include reduced staffing and capital costs. Through the innovation, business has expanded to world-wide markets.