Hoshizaki wins Queen’s Award
Telford based business Hoshizaki Europe Limited has won the Queen’s Award for International Trade for its outstanding growth in export sales.
The company which operates in the UK has a strategy for growth that includes the manufacture of products in Telford that had previously been manufactured in various overseas countries.
More than 240 businesses across the UK have received a Queen’s Award for Enterprise, recognising their contribution to international trade, innovation and sustainable development.
Widely regarded as the most prestigious business awards in the country, 2016 marks the 50th anniversary for the winners of the Queen’s Awards scheme in what is also her Majesty the Queen’s 90th birthday year.
Winners of the Queen’s Awards for Enterprise will be visited by a Royal representative and presented with a crystal bowl as a mark of their achievement. They will also be invited to attend a reception at Buckingham Palace in July 2016.
Councillor Shaun Davies, Cabinet Member, Business, Neighbourhood and Customer Services, said: “I would like to take this opportunity to congratulate Hoshizaki on winning the Queen’s Award for International Trade.
“We’re really proud of the progress Hoshizaki has made since moving to the borough in 1994. They are a valued member of our business community and this award recognizes their contribution to the local employment and economy.”
Firms that won a Queen’s Award for international trade showed they have benefited from substantial international growth in overseas earnings and commercial success within their sector.
Established in 1994, Hoshizaki manufacture ice-making and ice-dispensing machines that are sold to distributors or end users primarily in Europe and, to a lesser extent, North America and Asia. In addition to utilising the Research & Development facilities available in Japan, a new R&D team was recently established in Telford to support the clear product diversification strategy of targeting new markets and customers.
In 2015 the company invested in additional premises to provide production capacity and warehousing space for the planned expansion of the business.
To reduce dependence on the Japanese parent company for decision making regarding UK operations, senior management is being strengthened in Telford through the appointment of UK personnel.