A Northern Ireland manufacturing firm has been honoured with a Queens Award for Enterprise - Britain’s most coveted commercial prize - for its outstanding export performance.
Yelo is one of 201 organisations nationally to be recognised with a prestigious Queens Award for Enterprise. Announced today (Tuesday 23rd April), Yelo has been recognised for its excellence in international trade, achieving a growth in overseas sales of 138 % over the last three years with its main export markets being the United States, China and Europe.
In 1983 Yelo started off with 2 people in a 400 square foot office and today it employs 50 people in a brand new 25,000 square foot manufacturing facility in Carrickfergus.
The company, which is headed by Directors Richard Furey, David Sinclair and Lynn Good, is a leading manufacturer of test equipment for a range of industries including; industrial, photonics, automotive, medical and defence.
Yelo’s Managing Director Richard Furey said “This is a tremendous achievement for the company and a great boost for the whole team. It is recognition of the world class engineering that takes place in Northern Ireland”.
Now in its 53rd year, the Queens Award for Enterprise is the most prestigious business award in the country, with winning businesses able to use the esteemed Queens Award emblem for the next five years.
Yelo will celebrate its award during a royal reception at Buckingham Palace in the summer.
Applications for Queen’s Awards for Enterprise 2020 open on the 1st May 2019. For more information, visit https://www.gov.uk/queens-awards-for-enterprise.
