Electronic Temperature Instruments Ltd Receives Queen's Award for Enterprise
2 May 2012
Electronic Temperature Instruments Ltd (ETI) has been honoured with the prestigious Queen’s Award for Enterprise for International Trade.
The company was set up by Peter Webb and his wife, Miriam, in 1983 and is the UK’s leader in the manufacture and design of electronic thermometers and temperature probes.
The Queen's Awards are the UK's most prestigious awards for business performance and recognise and reward outstanding achievement by UK companies.
The Awards are made each year by the Queen, on the advice of the Prime Minister who is assisted by an Advisory Committee that includes representatives of Government and industry experts.
This award represents a significant achievement for ETI and the company is delighted to receive such an accolade. ETI currently sells over one million thermometers every year; making it the UK’s largest digital thermometer manufacturer and exporter.
When Edwina Currie made her now infamous remarks about salmonella in eggs in 1988, it was the end of her Cabinet career. However for ETI it led to overnight success; the company immediately saw turnover rocket from £1million to £3million.
The new food hygiene regulations that followed the scandal meant that supermarkets and the catering industry needed reliable and accurate instruments to measure temperature when handling, preparing or storing food.
As a result ETI has seen continued growth, despite the recent economic downturn, with an annual turnover in 2011 of more than £7million.
Over the past five years, ETI's worldwide export sales have increased by over 90%, with their main export markets being the USA, the Middle East, Africa and Asia.
On receiving the award, Peter Webb, Managing Director of Electronic Temperature Instruments Ltd said, "Receiving a Queen's Award for Enterprise is a great honour for the company and I am personally immensely proud.
“The award recognises the achievements and the hard work and dedication undertaken by all of our team.
“By keeping our manufacturing and Research & Development in the UK we have been able to support our local economy whilst successfully growing the business.”
Peter added, “I am a great advocate of British manufacturing. We make many fantastic products in this country, which is a fact often overlooked.
“These awards help to put the Great back into Britain and I am delighted that Electronic Temperature Instruments Ltd has been recognised as a company that really represents Made in Britain at its best.”
Electronic Temperature Instruments Ltd will be officially presented with its Queen's Award for Enterprise at a ceremony that will take place at the company's Worthing headquarters during the summer.
For further information contact Luisa Coates:
Electronic Temperature Instruments Ltd, Easting Close, Worthing, West Sussex BN14 8HQ Phone 01903 202151 email Luisa.email@example.com website www.etiltd.com