Machine-tool supplier NCMT has won a Queen’s Award for Enterprise in International Trade 2018, for its rapid growth in exports to contract machinists supplying international aero engine- and land-turbine manufacturers.
The award is based on VIPER grinding, which was developed in collaboration with Rolls-Royce and Japanese machining centre manufacturer Makino, which is represented by NCTM in the UK and Ireland. NCMT’s steeply increasing overseas sales resulted in the company growing its export business from £1.7m in 2013/14 to £7.7m and £10.7m (50% of machine-tool turnover) in subsequent years, to £14m in the current financial year.
For further information www.ncmt.co.uk