Reid Lifting wins international trade award

By Christian Shelton07 May 2018

Welsh lightweight gantry and davit cranes manufacturer Reid Lifting has won a Queen’s Award for Enterprise for its work in developing in international trade over the last three years.

111

Reid says the diversification of lightweight gantry and davit cranes in multiple sectors has been integral its international growth. For example, here Reid’s Porta-Gantry system is lifting an EJ200 jet engine prior to being mounted in the Bloodhound SSC – a car designed to break the 1,000 mph barrier and set a new world land speed record

The Queen’s Award is a prestigious UK awards programme for British businesses and other organisations who excel at international trade, innovation or sustainable development. Winners are invited to a Royal reception at Buckingham Palace, hosted by The Queen.

According to Reid, the company has enjoyed three years of consistent growth in exports, with 66 percent growth over the last two years. In the same period total turnover grew by 34% to £5.1 million, Reid reports, with exports representing 49% of sales in the 2016 / 2017 financial year.

Reid said the diversification of lightweight gantry and davit cranes in multiple sectors has been integral to this growth.

Nick Battersby, managing director at Reid, commented, “The widely coveted award is recognition from the highest authority in the land for our achievements that are only possible because of the commitment and endeavour of staff, partners, and suppliers, plus the contribution of end users who challenge our engineering expertise through their varied lifting applications.”

The award is the fourth Queen’s Award the company has received to date.

Latest News
Landstar System named to Fortune 500 list
With revenue of approximately $6.5 billion in fiscal year 2021, Landstar System, Inc. debuted at number 491 on the list.
Manitowoc to unveil new digital platform
CONNECT, which will launch at bauma 2022, enables remote monitoring through an app-based system. 
DLM partners with Chant Engineering
Dynamic Load Monitoring Ltd. (DLM) continues to enhance its presence in North America.