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News Release from: Arcotronics
Edited by the Manufacturingtalk Editorial
Team on 25 April 2005
Expansion in difficult markets gains
Queen's Award
Arcotronics has received the Queen's Award for Enterprise (International Trade category) in recognition of outstanding achievement in growing its export activities by almost 70% in two years.
Arcotronics, the Northamptonshire-based manufacturer of electronic components, has received the Queen's Award for Enterprise (International Trade category) The award recognises Arcotronics' outstanding achievement in growing its export activities by almost 70% over a two-year period from 2002, in difficult market conditions
This article was originally published on Manufacturingtalk on 6 Jan 2004 at 8.00am (UK)
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Part of the Arcotronics Nissei Group of companies, Arcotronics manufactures capacitors and filters, components which play an important part in almost every type of electrical and electronic product.
However, for various reasons, the global market for such components has, over the past few years, been generally acknowledged as difficult, with most companies in the sector reporting zero or negative growth.
Against this background, Arcotronics has increased its international sales by 68% and its overall sales by 34%.
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The company now has realistic ambitions to become Europe's second-largest supplier of (EMC) filters and to enter the US military equipment market over the coming year.
One of the principal reasons for Arcotronics' success is its commitment to providing very high quality of service, particularly in terms of speed of response to enquiries, low lead-times for supplied product and technical support to customers.
The company's lean manufacturing programme, introduced three years ago, not only allows it to provide very high service levels, but to supply product at very competitive prices.
Senior executives from Arcotronics also spend a significant amount of time visiting customers in key regions (Europe, Far East, US).
During these visits they will also identify and eliminate any problem areas before they become an issue.
Arcotronics has also set up a manufacturing base in China.
"This award is testimony to the effort and professionalism of everyone in the company," commented Adrian Flynn, Arcotronics' managing director.
"Our blue chip client base, and our sales performance in recent years, demonstrates that our business strategy is sound and that our products and service can be compared to the best in the industry".
"Now, we look forward to building on our success by pursuing ambitious, but realistic, targets for the medium and long term." * About Arcotronics Nissei Group - the Arcotronics Nissei Group is a leading producer of plastics film and metallised plastic film capacitors for suppression and filtering applications.
Arcotronics is a manufacturer of the world's largest range of EMC/RFI filter products, it also produces a variety of wet tantalum capacitors and power factor correction equipment.
The Arcotronics Nissei Group has extensive operations throughout Europe, the USA, and Asia with manufacturing facilities in the UK, Italy, Germany, Bulgaria, Japan and China.
The Group employs around 1600 people.
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