Friday, July 19, 2013

News: LSM presented with Queen's Award for Enterprise

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David Moody, the Lord Lieutenant of South Yorkshire, has formally presented Rotherham's London & Scandinavian Metallurgical Co Limited (LSM) with their Queen's Awards for Enterprise.

Founded in 1938, LSM is a highly successful manufacturer of high specification metals and alloys and an acknowledged global leader in sustainable metal and powder technology.

In securing the UK's highest accolade for business success, LSM showed outstanding achievement resulting in substantial growth in exports, sustained over three years or more, with a commitment to product innovation, quality, customer service and employee relations.

The Lord Lieutenant, the British monarch's personal representative for the region, was given a tour of the Canklow plant followed by an official ceremony in the boardroom attended by 35 LSM employees ranging from directors to process operators. A scroll was presented to Derek Cogill, a process operator who has been with the company for 39 years and worked in several business units. A symbolic crystal bowl was presented to Pam Shaw, LSM's export manager who has worked at the company for 14 years and is in charge of the shipping function.

Now part of AMG Superalloys, the LSM group operates on a worldwide basis with its Head Office and manufacturing plant in Rotherham. LSM exports over 85% of its specialised products for the steel, aerospace, superalloys, hard facing, welding and glass industries. It has a state of the art purpose built laboratory equipped with the latest analytical equipment and accredited to UKAS and Quality Management Standards.

Exports account for 87% of turnover and have grown over 50% in the last three years with growth in mature and new markets including the USA, India, Sweden, Belgium, Turkey and Canada.

LSM conducts extensive research on its markets and new exporting opportunities with market share information in each subsector well developed, including those areas where there is no standard information. A variety of routes to market are used including direct with the customer, through agents and through exclusive distributors.

The award is a fitting way to celebrates the firm's 75th anniversary year.

LSM website

Images: LSM

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