Growing Business Awards: 2007 shortlists

AES Engineering, the mechancial seal manufacturer, looked dead in the water in 1981 when its American distributor walked away from the deal. Vowing never to be wholly reliant on a third party again, owner Chris Rea decided to go it alone and acquired a small machine shop. Fast-forward to 2007 and AES is a company that’s achieved an unbroken track record of turnover and profit growth during the last 25 years. In 2006, AES recorded sales of £62m and profits that are a shade above £6m. It’s now the fourth-largest manufacturer in its market in the world.

Click here to read more than 30 other stories of entrepreneurial heroism in this year’s shortlist for the Growing Business Awards.

Share this story

Send this to a friend