PRESS RELEASE: MANCHESTER COMPANY IPEC WINNING A QUEEN’S AWARD FOR ENTERPRISE 2022 INTERNATIONAL TRADE
21 / 04 / 22
Business
IPEC is one of 226 organisations nationally to be recognised with a prestigious Queen’s Award for Enterprise. Announced today (Thursday 21 April), IPEC has been recognised for its excellence in International Trade.
Employing 30 people, IPEC was set up in 1995 and specialises in condition based maintenance equipment to detect defects in high voltage power distribution networks before they lead to failures.
“IPEC’s focus on international markets has significantly increased in the past ten years. More recently we have achieved significant growth in international trade. Our partners and distributors in different countries, who support the supply and implementation of IPEC products into high voltage power networks have been key to our recent success. The team at IPEC have worked extremely hard during this difficult few years with the challenges of COVID, and it’s great to be recognised for a second time.” – Carl Eastham, Business Development Director of IPEC
Notes:
- IPEC was founded in 1995 as a spin-out of the University of Manchester. The business focuses on innovative solutions to prevent failure in high voltage equipment, specifically focusing on the niche area of on-line PD detection. PD is attributed to around 85% of HV failures.
- The company is based in Manchester, and all products and systems are designed by IPEC and manufactured in the United Kingdom.
- Sales of equipment and services are global, with 85% of IPEC’s business being from overseas work. Primarily East Asia and the Middle East.
- IPEC has major installations of its PD monitoring technology around the world, some projects include key parts of the HV network across London, the entire island of Hong Kong, many high-tech manufacturing facilities in South Korea, and more than 100 MV substations in Saudi Arabia.
Now in its 56th year, the Queen’s Awards for Enterprise are the most prestigious business awards in the country, with winning businesses able to use the esteemed Queen’s Awards Emblem for the next five years.
Applications for Queen’s Awards for Enterprise 2023 open on the 1st May 2022. For more information, visit https://www.gov.uk/queens-awards-for-enterprise .