A LOCAL energy-saving manufacturer is roaring out of the recession, doubling its staff and turnover in just one year and quadrupling the size of its manufacturing facility.
EnergyAce, formerly Power Efficient Systems Ltd (PES), has seen a raft of patents filed on new energy-saving inventions and several roll-out contracts have been secured with leading high street names in the retail and restaurant sectors. MD of the Skelmersdale-based firm, Gary Vizard, said: “It is exciting growing a business; there is a real buzz about the place although it does not come without its significant challenges.
“We’ve worked very hard as a team to win finance for research and development to support new technologies. This is now coming to fruition with the award of new contracts. We’ve rebranded as EnergyAce and expanded our export base to cover Europe, Australia, South Africa, Ghana, Cameroon and Nigeria.” EnergyAce was recently chosen to take part in the Goldman Sachs 10,000 Small Business Development Program and the Goldman Sachs High Growth Program at Oxford University. Mr Vizard was personally invited onto a prestigious panel at the Labour Party Conference alongside Shadow Minister Business Innovation and Skills Ian Murray, Ian King of Sky News, Fiona Laffan of Goldman Sachs and Steve Hughes at the prestigious think-tank, Policy Exchange. The Five Million Points of Light debate looked at the issues surrounding business finance and growth for SMEs.
Mr Vizard added: “We’re proud to be a success story amidst the doom of the recent recession.
“The company continues to grow and we have ambitious plans for the next four to five years, targeting rollout contracts with multi-site retail organisations and the 25 million homes in the UK.”