President Engineering Group Ltd (PEGL), parent company of Bestobell Valves, has secured the Queen’s Award for International Trade. Sheffield-based PEGL is one of 105 firms in the UK to achieve this prestigious accolade, which is due to its outstanding overseas sales growth over the last three years.
Established in 2010, PEGL generates 88% of its turnover from export. The company is made up of three business units: Bestobell, which manufactures valves for the industrial, marine and liquefied natural gas industries; Conflow, which produces safety equipment for the mining industry and Bretby Gammatech, which designs and produces monitoring equipment for mining.
Mark Henley, managing director at PEGL, said: “It is a tremendous honour to be selected to receive a Queen’s Award and it is testament to the dedication, expertise and professionalism of our whole team. With our export business continuing to grow, we are entering a very exciting era and it is fantastic that we have been able to achieve this accolade in our fifth year.”
The company’s ongoing export growth is a result of establishing a clear, co-ordinated business strategy covering its three operating companies, which has been key to its international success. At the same time as growing its exports, the company has increased its manufacturing capability here in the UK, whilst investing in new equipment and technology and additional staff.
