Loadhog wins the Institution of Mechanical Engineers’ Award for Best Small to Medium Enterprise at the Manufacturing Excellence Awards
24 November 2011
Sheffield-based transit package manufacturer Loadhog was rewarded for its innovative business ideas with a top business award at the Institution of Mechanical Engineers’ Manufacturing Excellence Awards, held in London last night.
The award ceremony was compered by Alistair Campbell, and attended by Mark Prisk MP, Margaret Beckett MP as well as a host of other top business names.
Ed Stubbs, Loadhog’s Managing Director, said
“Having only relocated our entire operation into far larger premises late last year, it is particularly pleasing to have gained such wide ranging recognition from the Institution now. Winning this award is the result of huge efforts from an incredibly dedicated team of people over the last few years and very well deserved – my congratulations go to all of them.”
While Stephen Tetlow, Chief Executive of the Institution of Mechanical Engineers said:
“Loadhog’s win is hugely encouraging for manufacturing in Sheffield and UK manufacturing more generally.
“The Manufacturing Excellence programme is not just about celebrating manufacturing success around the country, but about providing practical advice for businesses to support them on their journey during these difficult economic times.”
Loadhog won the Institution of Mechanical Engineers Award for Best Small to Medium Enterprise.
Loadhog started in 2004 as a small start-up company and is now an innovative, fast growing international business with 50% of its sales outside the UK.
The company, in which every employee owns shares, is pushing the boundaries of traditional manufacturing with its focus on sustainability, its abolition of job descriptions and its dedicated ideas and innovation centre. All information, including financial information, is shared with all members of staff.
The company is competing in an arena which has historically been served by either heavyweight generic steel products, or environmentally unfriendly one-trip packaging. Loadhog, however produces neither of these product types and places a strong emphasis on sustainability.
All its products deliver three sustainable benefits: they eliminate the need for one-trip packaging such as shrink wrap and banding; they increase vehicle-fill, reducing the number of journeys thanks to intelligent design; and they deliver energy savings via operational efficiency savings and eliminate breakages.
Every Loadhog product has a sticker which says who made it and who checked it – Loadhog is a company which is proud of its work and proud of its staff.
Based at The Hog Works – a renovated gun factory near the River Don – the company also invests 5% of its annual turnover in new product development, while 1% of all company profit is donated to charity.
The Institution of Mechanical Engineers’ Manufacturing Excellence programme is the most successful and long established manufacturing support programme in the UK, and the only one that provides a detailed benchmarking and assessment process to help improve manufacturing businesses.
As part of the Manufacturing Excellence programme, companies can get a free consultancy package worth £20,000. Companies that enter are asked to conduct an in-depth self assessment and those who complete one or more of the eight parts receive a free, bespoke and confidential benchmark report. The best companies in each module receive a free visit from a team of expert assessors who verify the audit responses and offer practical advice and suggestions for the business. The winning companies in each category then receive an award at the Manufacturing Excellence Awards.
Manufacturing Excellence is supported by PwC, Autodesk, PP Business Improvement, The ERA Foundation, Lombard, WMG, Arup, and Barclays Corporate.