Gripple honoured with fifth Queen’s award

0
390
Gripple staff, who were delighted to discover that the company they own had received another Queen’s Award for International Trade, took time out to toast the Queen on her 90th birthday and then enjoyed a free ice cream, courtesy of Gripple.

Gripple staff, who were delighted to discover that the company they own had received another Queen’s Award for International Trade, took time out to toast the Queen on her 90th birthday and then enjoyed a free ice cream, courtesy of Gripple.

The Sheffield-based company’s 453 staff heard the news via its website where they found a company-related crossword, the completion of which revealed a video of the managing director, Ed Stubbs announcing the latest honour for the multi award-winning company.

Also, laid out in Gripple’s HQ were goods from 50 of the countries where the company trades around the world. These were raffled off, with the cash raised to be donated to SOS Children’s Villages in India where Gripple has a base.

The company’s 3900 customers spread across 80 countries, accounting for 85 per cent of its turnover, have purchased more than 500 million Gripple fasteners for use in construction, agricultural and civils markets.

Since Gripple last won a Queen’s Award four years ago its turnover has more than doubled to over £48m. The company’s staff numbers have increased to 453 and its customer base grown in excess of 45 per cent. Gripple has reinforced its position as the world’s market leader in the supply of wire joining and tensioning devices.

Hugh Facey, Gripple chairman, said:

It is fantastic that Gripple has been recognised again for its continued overseas growth. Hitting £50 million turnover in 2016 will be a milestone as we continue to work onwards and upwards.

The company’s strategy of developing innovative problem-solving products, developing long term customer relationships and investing in global markets has clearly paid dividends, and gives Gripple the confidence that its business model will continue to grow and create a long term sustainable business.

Gripple is proud of its global supply performance. The company’s manufacturing base in Sheffield, which sources more than 90 per cent of its components in the EU, has also increased productivity in excess of 30 per cent in the last five years.

The company’s growth would not have been achieved without its sales offices in Chicago, Obernai, Sheffield and now New Delhi, which deliver more than 50 product groups and exemplar customer service to customers on a daily basis.

The employee-owned company has already received two Queen’s Awards for innovation, one each for sustainable development and international trade, and the company is one of few companies which have received awards in each category.