Holroyd Precision wins Queen's Award for Enterprise

1 min read

Warren J Smith Esq. JP, HM Lord-Lieutenant of Greater Manchester, has presented Holroyd Precision Ltd with a Queen’s Award for Enterprise – the UK’s highest accolade for business success.

The presentation took place at Holroyd Precision's Rochdale HQ on 29 July 2015 and was made in recognition of the company's achievements in International Trade.

Holroyd Precision's exports have grown year-on-year; it has developed new markets globally for its highly specialised grinding and milling machines and creating new machine tool technologies with particular focus on those markets. Over the last few months alone, the organisation has secured export orders worth in excess of £7 million.

Recent innovations include the £3 million development of the Zenith 400 helical profile grinding machine has already resulted in orders from the USA, China and Germany. The company also has a long track record of investing in young people at its Rochdale HQ and for ongoing research into milling and grinding technologies at postgraduate and post-doctoral level.

"We are extremely proud and honoured," comments Holroyd Precision's Chief Executive Officer, Dr Tony Bannan. "In securing the award, we were able to demonstrate significant growth in overseas trade, something that was achieved in spite of challenging global trading conditions. I would like to thank our staff here in Rochdale and our various support teams globally for the hard work and dedication that has made winning the Queen's Award possible."

Holroyd Precision's award was announced along with more than 100 other winners in April. On 14 July 2015, representatives from Holroyd Precision attended a special reception at Buckingham Palace hosted by The Queen. The reception marked the 50th anniversary of the awards.