ACE Winches, the North-east deck machinery specialists, has been awarded British industry’s most coveted prize – a Queen’s Award for Enterprise in International Trade.
It is the second win in that category for the Aberdeenshire-based manufacturer, which first received the award in 2010.
Founded by CEO Alfie Cheyne in 1992, ACE Winches operates on a global basis with 75 percent of its profits generated from international exports.
Staff numbers have increased from 200 in 2011 to over 300 today as the company has expanded to meet growing demand for its range of products and services. ACE Winches has recently invested over £30 million in expanding its production and winch hire facilities at its Towie Barclay Works base in rural Aberdeenshire. The company also has a Norwegian division, ACE Winches Norge AS, based at Dusavik, near Stavanger.
Commenting on the company’s achievement in securing a second Queen’s Award for International Trade, Alfie Cheyne said: “We are so proud to have been recognised for the continuing success of ACE Winches, for the hard work and dedication of our people in delivering that success and meeting the challenges of a truly international business.
“We are deeply honoured that we should have been selected to take our place amongst the very best in British Industry in recognition of outstanding achievements in overseas markets.”
The Queen’s Award for Enterprise was first established in 1966, and honours are awarded to businesses in three categories: International Trade, Innovation and Sustainable Development. An award is valid for five years. The award ceremony will be held at Buckingham Palace at Her Majesty The Queen’s Reception on July 23.