Winning Gloucestershire business awards is crowning glory for company
WINNING the Citizen and Gloucestershire Echo Diamond Jubilee Business of the Year Award has been the crowning glory for one of the county's most innovative and successful companies.
Avon Metals Ltd, which has two sites in Gloucester, achieved the accolade sponsored by business experts Randall & Payne, at the packed event at the Centaur, Cheltenham Racecourse.
Steven Munnoch, CEO of the metals recycling, manufacturing and trading operation, said the company was one of only a handful in the world able to supply complex metals and alloys for high tech applications.
But he stressed its commitment to Gloucestershire was as strong as ever.
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"We have had our challenges, not least strong competition from lower cost regions and one of the worst global economic meltdowns in history, but have demonstrated sustainable growth in both revenue and profitability over several years," he said.
"Despite this, we remain true to our core values by incorporating social responsibility, economic success, operational efficiency and environmental excellence into every facet of our decision making process.
"Our commitment and loyalty to the county of Gloucestershire has not wavered, despite attractive offers to relocate to other areas where labour costs are significantly cheaper and Government assistance for new developments is greater.
"We are extremely proud of our Gloucestershire roots and actively promote the county at every opportunity."
Avon Metals has recently expanded to process and trade minor metals, which now account for 30 per cent of its total turnover.
They include tantalum, used in components for mobile phones, and rhenium, used in jet engine blades.
The company has invested nearly £1 million on machinery in the past few years, which has been spent on state-of-the-art melting technology, raw material processing equipment, energy efficient electrical equipment and testing equipment.
This year it has spent more than £200,000 on reducing noise emissions by way of sound absorbing roller doors, quiet cooling fans and pumps and acoustic panels in factory roofs.
Investment in shears, shotblasters, plasma cutters and metal analysing equipment has been made in the last month and the company has recruited two key members of staff to head up a new division, focused on high temperature scrap recycling from the aerospace and power generation industries.
Speaking of the company's success at the awards, Steven added: "Our business has only been a success due to the combined efforts and skills of every one of our workforce.
"At the end of the day we believe business is all about people, whether that be staff, customers or suppliers."
Avon Metals is a member of Beacon South West, Gloucestershire Chamber of Commerce and the Gloucestershire Ambassadors Programme, organised by GFirst and the Gloucestershire Local Enterprise Partnership. It is a corporate partner for Slimbridge WWT, Gloucestershire Wildlife Trust and the National Star College.