Product category:
Electronics and Electrical Subcontracting Services
News Release from: ACW Technology | Subject: Contact electronics manufacturer
Edited by the Manufacturingtalk Editorial
Team on 20 April 2007
Contact electronics manufacturer wins
award
Chris Woods, founder of contact electronics manufacturer ACW Technology, has won Deloitte and Touche director of the year award after taking the company from liquidation to success.
Chris Woods, founder and chairman of contact electronics manufacturer (CEM) ACW Technology, has won a coveted Deloitte and Touche director of the year award in association with business lifestyle magazine Decision In less than 20 years Woods has taken a business on the verge of liquidation and transformed it into a profitable GBP40m international organisation employing over 300 staff
This article was originally published on Manufacturingtalk on 12 Apr 2007 at 8.00am (UK)
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The awards have been running since 1989 and were set up to recognise directors who demonstrate a drive to succeed and ability to overcome obstacles.
Winners are identified via a comprehensive research programme measuring business performance, prosperity and track record.
Woods is one of just five directors to receive this year's award.
Woods was commended for having found a highly profitable niche for his UK-based CEM business and offering services above and beyond simple manufacturing.
The judges recognised Woods' efforts in setting ACW apart from its competitors by reinvesting profits to grow the company's financial and operational strength in an industry where others are weak.
Woods was also commended for his ambitious investment in an ACW owned and controlled factory in China, where others only try to form associations with offshore companies in which they have no control.
By running the Chinese site through its UK- based customer interface, Woods' strategy is to help customers to reduce the risks associated with offshore manufacturing.
On receiving the award Woods commented: "In recent years manufacturing in the UK has been in steady decline, giving way to competition from abroad.
For me to receive this award is testament to the high quality of service which ACW prides itself on and the fact that there is still big demand for a manufacturing company which gives its customers the benefits of highly flexible British manufacturing and low cost overseas sourcing made easy.
ACW's financial prudence and pedigree means that we will be able to offer our customers a quality service for years to come".
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