Pearson Engineering Limited is pleased to announce that it has been awarded The Queen’s Award for Enterprise in International Trade.
In a four year period, the company has increased turnover by 380%, from £43m, to £207m, with exports accounting for over 98% of sales.
The company’s growth has been achieved by adopting a philosophy of heavily investing in research and development in order to anticipate customer requirements and respond quickly to them. Maintaining its position as a market leader in the defence sector, Pearson Engineering’s design engineering develop innovative products that are immediately available off the shelf to meet the challenges its customers face and which can be quickly tailored to specific host vehicle and operational requirements.
The sale of one of the company’s core products, the Self Protection Adaptive Roller Kit (SPARK) to the US Army is an example of how this approach pays dividends.
When the US army was looking for a system to help tackle the emerging Improvised Explosive Device (IED) threat to soldiers and vehicles, responsible for almost 40% of US casualties in Operation Iraqi Freedom, they were able to turn to Pearson Engineering’s SPARK, a product already developed in anticipation of such a problem. Subsequently, the company won a number of contracts and the product features heavily amongst the world’s armed forces operating in Iraq and Afghanistan.
As a result of this pioneering approach, Pearson Engineering was a winner of The Queen’s Award for Enterprise in Innovation in 2012.
Chairman of Pearson Engineering, John Reece said,
“We are obviously very pleased to win the Queen’s Award for the second successive year, this time for enterprise in international trade. This recognises many years of export efforts by Pearson Engineering; indeed many of our products are class leaders and in use globally.
The mine plough and roller products are the fruits of decades of R & D and, indeed, the mine plough has been under development for nearly 50 years, linking back to our history of designing agricultural ploughs and the development of subsea ploughing for burying pipelines and cables.
We are aiming to continue our worldwide niche business with an ever broadening range of innovative engineering products. We are now investing in the development of new mine clearance systems as well as a range of mobile bridge laying equipment that is faster to deploy, more flexible and more reliable than that currently in the market place.
I would like to thank all our employees for helping us achieve this Queen’s Award, without top quality people we wouldn’t be where we are today.”