Northampton-based developer and manufacturer of automotive components, Red Arch Manufacturing, has been awarded the UK’s highest accolade for business success, the 2016 Queen’s Award for Enterprise.
Red Arch has received the award for International Trade in recognition of the company’s sustained and exceptional export growth exceeding 120% in the last three years.
Mike Theaker, Red Arch Managing Director, said: “Winning a Queen’s Award is the greatest accolade any company can receive. We are absolutely delighted and extremely proud. The company’s long-term strategy for investment in new technologies and the development of innovative products and processes has been key. However, without the skill, dedication and hard work of our Daventry-based Design, Development and Production teams, the significant growth we have seen over the last three years would not have been possible.
“Thanks also have to go to HSBC and NEP who provided funding for some of our most important projects, and Loughborough University for our technology partnership.
“We produce extremely high quality, world-leading products for our Original Equipment (OE) customers from our Northamptonshire UK base. We are particularly proud to be championing British Industry in the heartland of German automotive manufacturing and look forward to continuing to improve and grow the business in the worldwide market.”
Tim Bagshaw, Head of Business & Innovation, NEP, added: “To be awarded The Queen’s Award for Enterprise is an outstanding achievement for Red Arch. The company’s forward-thinking and investment in the development of ground-breaking new products with major export appeal has clearly paid off. The award is also further testament to the innovation and ever-increasing success of Northamptonshire’s highly prized HPT sector.”