Midlands-based manufacturer, 3P innovation has received its second Queen’s Award for Enterprise. This latest award is in recognition for British excellence in International Trade, and follows on from its first Queen’s Award for Innovation last year. Internationally recognised, these are the UK’s most prestigious business awards, which date back to 1966.
High-tech engineering company, 3P innovation, works collaboratively with global pharma and medical device businesses to help develop their new products, devices and production processes. This exporting manufacturer is can design and manufacture this sophisticated and heavily regulated automation.
The manufacture of asthma inhalers, injection pens, vaccines, PPE or diagnostic tests is 3P’s expertise. Having helped develop equipment to make existing cancer treatments, 3P’s engineers are also active in the exciting ‘cell & gene’ sector, which is likely to lead to cures for cancer in the very near future.
These Queen’s Awards build upon last year’s success for 3P: shortly after launching a national visor initiative, which saw the manufacturer donate over 40,000 visors to frontline staff, the company was awarded with a UK Business Hero stamp by the British Chambers of Commerce. The engineering firm ended the year on a high note after announcing its transition to employee ownership.
West Midlands mayor Andy Street said: “As Mayor of the West Midlands, I am delighted to see that 3P innovation has been recognised with the Queen's Award for Export Achievement. It’s a great accolade and talks to the fantastic success of this employee-owned business. Congratulations to all involved.”
The 2021 Queen’s Award recognises steady growth in international exports. The international business strategy implemented by this SME has led to the penetration of new markets and a more diversified portfolio of clients, with 40% of new customers between 2017 and 2020 being international.
3P’s founder and managing director, Tom Bailey said: “In a year that has been challenging for everyone, the team at 3P innovation have worked harder than ever to achieve remarkable international growth. This has provided us with further security and stability in an ever-changing market affected by COVID, and it’s great to see that UK innovation and international growth within the manufacturing sector are being recognised by the Queen’s Awards.”
