Posted to News on 6th Nov 2015, 15:12
LG Motion: British Engineering Excellence Award Winners
Basingstoke-based LG Motion is celebrating after walking away with the coveted Small Company of the Year Award at the 2015 British Engineering Excellence Awards. The awards, held at the prestigious Hurlingham Club in London, celebrate the best of British Engineering and the Small Business category is hard fought as it accounts for a large proportion of engineering firms across the UK.
The panel of judges, made up of well-qualified technical experts from a cross-section of electronic and engineering design disciplines had this to say about LG Motion: "Operating in many industrial sectors and offering a range of complex integrated engineering solutions, LG Motion has built itself an impressive customer reference list. Continuous investment has led to more success and its focus on people includes employing apprentices to develop its home grown talent."
As well as looking for a sound business plan, the judges were looking to identify a product that meets a market need and the successful reception of that product. Beyond that, they also wanted to see evidence that the company was either taking on the "big boys' or exploiting a viable market niche.
With their own design, manufacturing and assembly capability in Basingstoke, LG Motion pride themselves on responding quickly on an "engineer-to-engineer' level; something which, it says, larger competitors cannot offer.
The judges decided the company not only demonstrated a clear strategy and effective capability as a business, but that their story of building an engineering firm in the UK was a familiar one that showed resilience.
Managing Director, Gary Livingstone, puts this down to faith in the product, the manufacturing sector in the UK, and also his faith in developing young people.
He says: "Despite the banks telling us it was madness to set up a manufacturing company in Basingstoke, I'm pleased to say they were wrong. Our growth has been based around a controlled increase in head count, the early adoption of an apprentice scheme and continual investment in people and plant.
"I'm proud of the recognition this award brings the business; it not only demonstrates the hard work of our entire team, it also demonstrates that manufacturing and engineering has a sustainable place in the UK."
The award comes during a successful year for the company, with the purchase of specialist manufacturer Precision Acoustics in Dorchester and the continued growth of its sister company MiniTec UK.
To learn more about LG Motion and the Small Company of the Year Award, please visit www.lg-motion.co.uk.
