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Aesseal Wins Seventh Queen's Award and its Third in the Innovation Category

Published on 2006-04-24. Author : SpecialChem

AESSEAL invents designs and manufactures engineering products in Yorkshire. These products are sold through a rapidly expanding network of sales and service subsidiaries backed up with a global distribution network.

AESSEAL is primarily known as a manufacturer of mechanical seals for rotating equipment and from its acquisition in 1979 by the current Managing Director Chris Rea, with just 5 employees, it now spans the globe with 54 branches in 28 countries employing over 900 people plus an additional 250 in minority-owned businesses.

Its global technology HQ is in Rotherham, South Yorkshire, and it is the only company in South Yorkshire and possibly in the Yorkshire and Humber region, to have won seven Queen's Awards. It is from this South Yorkshire base that the company invented an innovative new product which opens a whole new area of business, i.e. the protection of Bearings.

Alan Roddis Technical Director said "We have grown our business by innovating and providing exceptional customer service in the supply of mechanical seals to prevent the leakage of fluids and gases from rotating equipment. All of the equipment that we were sealing also had bearings, most of which were being sealed with lip seals that are ineffective at preventing dirt and moisture getting into the oil and preventing some of the oil leaking out. Our Development Team invented the world's first double magnetic bearing isolator, the MagTecta®. This is a more effective sealing device, which will extend equipment life and for which we are delighted to receive a Queen's Award."

AESSEAL reports that on the back of exceptional sales performance for this new product, it has established a Bearing Protection Division with several additional innovations, either already launched or soon to be launched to the market.

Chris Rea Managing Director quotes "We at AESSEAL are very excited about the strong sales of this product which was launched in 2002 and about our new market opportunity in bearing protection. Unlike the mechanical seal business the bearing protection business is relatively under-developed, so there is less competition and our patent pending products will greatly help with the sustainable development that any UK manufacturer desperately needs to survive low cost competition."

The Company won its first Queen's Award for Innovation in 1988, followed up with two Queen's Awards for Export and two Queen's Awards for International Trade and received its second award for Innovation and its sixth award in total in 2004.

AESSEAL reports that since 1979 it has increased sales by more than 20% year on year, to reach an expected turnover of £61m for 2006 and now exports 79% of its output to 83 countries world-wide.

Source: AESSEAL


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