Case study 2: AESSEAL Picture: Chris Rea, Managing Director and Gordon Bridge, Chief Executive
AES Engineering Ltd (which trades as AESSEAL)
was formed in 1981 by Chris Rea with 5 people. With his small team he designed a modular range of mechanical seals and sold the product primarily to companies in South Yorkshire.
Today, the company has 1,050 employees. It sells
more than 80% of its product to 83 countries and has branches in 66 locations in 30 countries. It has three principal manufacturing sites, one in Bradford and two in Rotherham. These account for more than 95% of production output.
A mechanical seal is a precision engineered
product which fits in rotating equipment, such as centrifugal pumps, and prevents leakage of potentially harmful liquids and gases.
The Company’s range of mechanical seals now
covers all industries and all applications. The range includes high performance Dry Gas Seals capable of operating at 46,000 revolutions per minute and at 300 bar; bearing protectors with unique patented features; standard product and one-off specials.
Industries served include Oil and Gas,
Petrochemical, Chemical, Pharmaceutical, Pulp and Paper, Food Processing, Power Generation, Mining, Shipping, Steel Production and General Industry.
Customer service is the company’s core value
and the company’s purpose is “To give our customers such exceptional service they need never consider alternative sources of supply”.
The Company’s turnover in 2008 will be £74
million with a target for 2012 of £150 million.
AES Engineering Ltd is the second largest
manufacturer of mechanical seals in the UK and fourth largest in the world. Its long-term objective is to be Number One.
Chris Rea is the majority shareholder
and Managing Director of the AES Group of Companies.