News: AES seal deal in South Africa
Award-winning manufacturer, AESSEAL, is continuing to grow internationally in its quest to be the number one in the world in 2029.
With global headquarters at Templeborough, AESSEAL is the world's fourth-largest designer and manufacturer of mechanical seals for a wide range of industries, including oil and gas, food, water, mining and pharmaceuticals.
Its annual results for the year to December 31 2012 again reported growth in sales and profit, a record that extends over 30 consecutive years. And even as it marks its continued growth, with sales rising to £131.9m, it is working on plans for further expansion.
Its AESPUMP Division has had its South African operation chosen as a new partner by the highly respected industrial pump and compressor specialist, Sundyne.
AES acquired Bedford-based competitor, Ceetak Engineering Group in 2010 and rebranded the division as AESPUMP. They specialise in the total management and support of pumps and other rotating equipment.
The South African operation is based in Secunda, about 80 miles east of Johannesburg. Sundyne has made AESPUMP its sole authorized representative, distributor and service provider for the whole of South Africa. AESPUMP will be responsible for sales, maintenance, repair and technical support for the entire portfolio of Sundyne pumps and compressors throughout the country, in addition to the supply of spares.
As part of the decision making process Sundyne had all of the prospective South African partners undergo a TRACE audit.
TRACE is an internationally recognised membership association working with companies to raise their anti-bribery and anti-corruption compliance. AESSEAL PTY Ltd. completed a TRACE background review and has been recognized as "a member in good standing."
Chris Rea, OBE, group founder and managing director ate AESSEAL, welcomed the new partnership and stressed the value of an ethical foundation for business: "Wherever we operate in the world we pursue excellence. Our business believes in providing exceptional customer service and we are clear that it is imperative to have extremely high ethical standards, but it is also part of excellence.
"Sundyne is a significant and respected player, and we're naturally delighted to be appointed as their distributor in South Africa. I am also extremely pleased that our South African subsidiary was awarded a TRACE certificate which should give our partners and customers the confidence that our activities fully comply with national and international ethical standards."
AESSEAL has also officially opened a $5m (£3.3m) high specification manufacturing extension to its North American HQ, in Rockford, Tennessee. The $50m North American business comprises approximately 20 percent of AES's global business which now includes 230 locations in 104 countries, with nine manufacturing locations and 58 full-service repair locations.
Since the recent annual results, the company has seen last quarter earnings exceed £39.5m which it says has strengthened expectations that it is on track for its 31st record sales and profit growth and that it expects to achieve record sales of £151.7m in 2013.
In Rotherham, AESSEAL has purchased land and buildings on a site neighbouring its Global Technology Centre which Chris Rea believes could lead to the 300-strong workforce doubling over time.
AESSEAL website
Images: AESSEAL
With global headquarters at Templeborough, AESSEAL is the world's fourth-largest designer and manufacturer of mechanical seals for a wide range of industries, including oil and gas, food, water, mining and pharmaceuticals.
Its annual results for the year to December 31 2012 again reported growth in sales and profit, a record that extends over 30 consecutive years. And even as it marks its continued growth, with sales rising to £131.9m, it is working on plans for further expansion.
Its AESPUMP Division has had its South African operation chosen as a new partner by the highly respected industrial pump and compressor specialist, Sundyne.
AES acquired Bedford-based competitor, Ceetak Engineering Group in 2010 and rebranded the division as AESPUMP. They specialise in the total management and support of pumps and other rotating equipment.
The South African operation is based in Secunda, about 80 miles east of Johannesburg. Sundyne has made AESPUMP its sole authorized representative, distributor and service provider for the whole of South Africa. AESPUMP will be responsible for sales, maintenance, repair and technical support for the entire portfolio of Sundyne pumps and compressors throughout the country, in addition to the supply of spares.
As part of the decision making process Sundyne had all of the prospective South African partners undergo a TRACE audit.
TRACE is an internationally recognised membership association working with companies to raise their anti-bribery and anti-corruption compliance. AESSEAL PTY Ltd. completed a TRACE background review and has been recognized as "a member in good standing."
Chris Rea, OBE, group founder and managing director ate AESSEAL, welcomed the new partnership and stressed the value of an ethical foundation for business: "Wherever we operate in the world we pursue excellence. Our business believes in providing exceptional customer service and we are clear that it is imperative to have extremely high ethical standards, but it is also part of excellence.
"Sundyne is a significant and respected player, and we're naturally delighted to be appointed as their distributor in South Africa. I am also extremely pleased that our South African subsidiary was awarded a TRACE certificate which should give our partners and customers the confidence that our activities fully comply with national and international ethical standards."
AESSEAL has also officially opened a $5m (£3.3m) high specification manufacturing extension to its North American HQ, in Rockford, Tennessee. The $50m North American business comprises approximately 20 percent of AES's global business which now includes 230 locations in 104 countries, with nine manufacturing locations and 58 full-service repair locations.
Since the recent annual results, the company has seen last quarter earnings exceed £39.5m which it says has strengthened expectations that it is on track for its 31st record sales and profit growth and that it expects to achieve record sales of £151.7m in 2013.
In Rotherham, AESSEAL has purchased land and buildings on a site neighbouring its Global Technology Centre which Chris Rea believes could lead to the 300-strong workforce doubling over time.
AESSEAL website
Images: AESSEAL
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