CRL 1-hr: 9/26 Introduction to Uptime Elements Reliability Framework and Asset Management System

The Queen’s Award for Enterprise: Innovation is for their LabTecta Bearing Protector, which replaces Lip Seals in rotating equipment. The Company believes that, after only 3 years in the Bearing Protection business, it is already a clear global No. 2 in this fast growing market place.

According to the Queen’s Award Office, “AES Engineering Ltd. receives the Sustainable Development Award for truly embracing the sustainability challenge within the core of its business and pushing the bounds of good practice in sustainable design and manufacture….. AES not only successfully seeks to reduce its own ecological footprint but also to sustainably produce products which are of evident environmental merit.”

AES Engineering Ltd. or its subsidiary AESSEAL have previously won 7 Queen’s Awards since 1988, so 7 plus 2 equals 9? Well Queen’s Awards can be obtained for a whole group or a branch or subsidiary of a group. Apparently totally independently the Northern Irish subsidiary of AESSEAL, AESSEAL (MCK) Ltd., applied for and has been awarded two Queen’s Awards for Enterprise: Innovation and International Trade.

Four Queen’s Awards, in a single year, for one relatively small group must be some sort of record and brings the total to an astonishing eleven!

Managing Director Chris Rea said “I believe that a Queen’s Award is the ultimate Establishment to Business Award. I am absolutely confident that our association with the Queen’s Awards has been a key motivator for my work colleagues since 1988 and have collectively contributed to uninterrupted business success for more than 20 years.

I have managed this business through 3 recessions, but this is the worst economic environment that I have experience in my lifetime as a manager.

6 weeks ago I was very concerned about our business prospects and I might easily feel the same way 6 weeks from now. Nonetheless our Group had record sales in March 2009, in no small part due to the unrelenting efforts of my colleagues to ensure that we have a sustainable business, as a result of pursuing excellence.

On behalf of all of my colleagues in the AES Engineering Ltd. Group we feel proud and privileged that our AESSEAL brand continues to be associated with the Queen’s Awards for Enterprise.”

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