Cotswold Life EMI Awards 2017: Large Manufacturer of the Year
PUBLISHED: 12:35 03 October 2017 | UPDATED: 11:48 03 November 2017
We reveal the winner of this year's award for Large Manufacturer of the Year, sponsored by Circle2Success
Last night, on November 2, we celebrated the region’s best innovative engineering and manufacturing companies at the third annual Cotswold Life Engineering Manufacturing Innovation Awards.
The glittering ceremony held at Cheltenham Racecourse celebrated the incredible achievements made by companies who really do put the Cotswolds on the map, drive the region’s economy and keep the area at the top of the tree when it comes to entrepreneurship and business success.
Thanks to both the nominations of the public and our well-respected judges, we have picked a winner worthy of the award for Large Manufacturer of the Year, sponsored by Circle2Success.
This year’s finalists are:
Avon Group, Gloucester
Rising from the ashes of a major furnace fire in 2016, Avon Group has big plans for the future. They include £250,000 of new furnace technology to make new alloys, a turnings processing line to recycle swarf from the aerospace industry and new lab testing equipment to bring more processes in house.
Turnover is £70m, of which pre-tax profits will stand at around £2m. There are 70 staff.
Ontic Engineering, Cheltenham
Ontic supports the aerospace industry OEMs by assuming complete responsibility for non-core products.
With 40 years’ experience, hundreds of product transitions have minimised customer disruption. It has the intellectual property rights for more than 4,500 top assemblies, has a 5,000-strong customer base, three locations globally and is now a $200m global business.
The Ontic UK site opened in 2011 with 38 staff and now, thanks to the acquisition of the GE Fuels business, there are now 98.
And the winner is...
Corin Group, Cirencester
With a £100m turnover and several major European acquisitions in recent years, Corin is on a journey to make surgery more efficient with big data and deep data analytics bringing medical devices and data-driven technology together to deliver greater value and efficiency. It has invested £4m in its state-of-the-art factory in Cirencester and now employs more than 500 people globally, 400 in the UK.
In direct contrast to the ‘one size fits all’ historical hip replacements, its Optimised Positioning System recognises that everyone’s pelvis moves differently. It takes a series of CT scans which are then fed into a computer system to allow laser-guided surgery in the operating theatre, helping the surgeon optimise the cup position in the patient. This improves patient outcomes and reduces hospital readmissions.
To date more than 5,000 hip replacement procedures have been performed worldwide using this ‘unique hip’ technology, another 5,000 will be performed in the next 12 months alone and Corin now sits at #3 in the global hip replacement market.
To find out more about the Cotswold Life EMI Awards 2017 and our sponsors, visit emiawards.cotswoldlife.co.uk/2017-finalists/.
Were you at the awards? Tweet us your pictures @cotsbusiness #CotswoldEMI
Click here to return to the full list of the finalists and winners.