A SOUTH Yorkshire company that was in financial trouble a decade ago has been named Sheffield Chamber of Commerce’s Outstanding Business of the Year.
Rotherham-based mining cutting tools, heads and ancilliary equipment manufacturer ESCO Hydra UK also won an award for Excellence in International Trade and was shortlisted for the Excellence in Manufacturing Award, won by Sheffield firm Tinsley Bridge.
Hydra Mining Tools International - as ESCO Hydra used to be known - was one of a number of companies hit by changes to pensions regulations at the turn of the century. However, the company bounced back to become one of Rotherham’s most profitable businesses.
Last year the firm was acquired by the US-based ESCO Corporation; a leading producer of highly engineered wear parts and replacement products used in mining, infrastructure development, power generation, aerospace and industrial applications.
Sheffield Chamber of Commerce president Suzanne Liversidge, said: “The success stories from the Sheffield Business Awards will, I’m sure, inspire other companies throughout our region to ‘believe to achieve.’
“By building on this theme, I hope that the city’s confidence will continue to grow and that this time next year we will be once again celebrating the accomplishments of both new and existing local businesses.”
Other awards and winners were:
Excellence in Sport, Hospitality and Tourism - Sheffield Food Festival Partnership; Digital Industries Award - 3Squared.
Excellence in Skills - UK Medical; Excellence in Customer Service - Kier Sheffield.
The Next Big Thing Award - VOICE Group; Third Sector Award - Voluntary Action Sheffield.
Excellence in Retail Services - Accelerate Lifestyle; Environmental Impact Award - Jefferson Sheard Architects.
Young Business Person of the Year - Neill Birchenall, of BirchenallHowden and Business Person of the Year - Roger Pearson, of Sizer.