ACE Secures Queen’s Award for International Trade

MarineLink.com April 22, 2013

ACE Winches board of management from left: - Valerie Cheyne - Chief Compliance Officer, Sam Morrison - Chief Financial Officer, Alfie Cheyne - Chief Executive Officer, Graham Thomson - Chief Operations Officer. (Photo: ACE Winches)

ACE Winches, the deck machinery specialists, was awarded British industry’s Queen’s Award for Enterprise in International Trade. This is the second win in that category for the Aberdeenshire-based manufacturer, which first received the award in 2010.

Founded by CEO Alfie Cheyne in 1992, ACE Winches operates on a global basis with 75% of its profits generated from international exports. Staff numbers have increased from 200 in 2011 to over 300 today as the company has expanded to meet growing demand for its range of products and services.

ACE Winches has recently invested over £30 million in expanding its production and winch hire facilities at its Towie Barclay Works base in rural Aberdeenshire. The company also has a Norwegian division, ACE Winches Norge AS, based at Dusavik, near Stavanger.

The Queen’s Award for Enterprise was first established in 1966, and honors are awarded to businesses in three categories: International Trade, Innovation and Sustainable Development. An Award is valid for five years.

The Award ceremony will be held at Buckingham Palace at Her Majesty The Queen’s Reception on July23, 2013.