University business named among the best in Wales again
October 8 2013
Glyndŵr Innovations has been named among the fastest growing firms in Wales for a second consecutive year.
The commercial arm of Glyndŵr University in Wrexham – based at its St Asaph campus – finished fourth overall after topping the Wales Fast Growth 50 list in 2012.
Glyndŵr Innovations was also victorious in the Creative and Knowledge Industries category, winning the prize for the second year in a row.
The awards were handed out at the Mercure Holland House hotel in Cardiff last Friday night.
Phil Harris, Chief Executive of Glyndŵr Innovations, said: “To be named among Wales’ fastest growing companies two years in a row is a phenomenal achievement. The award is won on turnover and sales and that means a huge amount in today’s economic climate.
“Manufacturing and technology are performing well despite a downturn in other sectors, which is why we positioned ourselves to support high-end companies in the UK and globally through engineering design and consultancy services.
“We’re honoured to be among the best Wales has to offer and are working hard to maintain Glyndŵr Innovations’ position as a business that strives for excellence in satisfying exacting customer demands.”
The annual Fast Growth 50 awards, which are now in their 15th year, honour the best entrepreneurship Wales has to offer.
Since 1999, 470 firms have been recognised for their rapid growth and impact on the Welsh economy.
In that time those companies have created 25,000 jobs and generated a combined turnover of £14billion.
The 50 firms featured in this year’s list generated a combined turnover of £492million in 2012 and employed more than 5,000 people.
Glyndŵr Innovations, which was established in 1995, operates as the commercial vehicle for Glyndŵr University engaging with the industrial community and public sectors across the region delivering business solutions.
Professor Michael Scott, Vice-Chancellor of Glyndŵr University, said: “We’re hugely excited about the work Glyndŵr Innovations is doing and winning the Creative and Knowledge Industries award is recognition of the progress they continue to make in St Asaph.
“Their expertise is world-leading and an example of how Glyndŵr University supports the North Wales economy.”
Prof Scott added: “We’d also like to congratulate the Village Bakery in Coedpoeth – on the outskirts of Wrexham – for winning the overall prize. That makes it three years in a row for North Wales.”
For more information on the Wales Fast Growth 50, visit www.fastgrowth50.com