Group Rhodes Ranked in Sunday Times SME Export Track 100
20 May 2015
Wakefield based engineering Company, Group Rhodes, was ranked 29 in the Sunday Times top 100 SME exporters in the UK. It was 1 of only 8 companies in Yorkshire to be listed in the prestigious league of top performing private companies, the majority of which were based in London.
The Sunday Times BT Business SME Export Track 100 league table ranks for the first time Britain’s private small and medium-sized companies (SMEs) with the fastest-growing international sales over the last two years.
Group Rhodes was said to have made a significant contribution to the regional economy, with international sales raising 75% over the 24 month period.
The Company demonstrated success in penetrating overseas markets and significant growth and expansion on the international scene. As one of Europe’s leading Original Equipment Manufacturers in its field, Group Rhodes designs and develops an extensive range of machinery for Metalforming, Material Handling, Environmental, and Special Purpose applications.
The Company operates in over thirty countries Worldwide, including the United States, China, India, Brazil and Saudi Arabia. Exports represent approximately 45% of the Company’s turnover and include multi million pound projects such as the installation Superplastic Forming presses to a major aerospace manufacturer in the USA and Flexible Die presses in India. In 2014, Group Rhodes completed its new facility in Bangalore, India, which was inaugurated by the Right Honourable Nick Clegg MP, the Deputy Prime minister of the United Kingdom.
The SME Export Track 100 is sponsored by BT Business and is supported by the Business is GREAT Britain campaign. It is compiled by Fast Track, the Oxford-based research and networking events company.
Danny Longbottom, Managing Director UK SME at BT Business, commented:
“I would like to congratulate the businesses recognised in the inaugural Export Track 100, who are proving that it’s not necessarily size that determines international success. These businesses have used a combination of self-starting ambition, smart use of technology, and sheer hard work to punch well above their weight in the global market. The fruits of their labour are contributing to a strong and diverse UK economy, which we can all be thankful for.”
Mark Ridgway OBE, DL Chairman of Group Rhodes
"Inclusion in the Sunday Times SME Export Track 100 is a great honour for Rhodes, but designing, manufacturing and exporting capital equipment for complex applications is very much a team effort. We are apparently the oldest company in the list at 191 years, and our success is very much due to generations of Wakefield engineers that have put the Company and the City on the global map "