Evance is fastest growing UK manufacturer
1 min read
British manufacturer Evance Wind Turbines has been listed for the first time in the prestigious Sunday Times league table that ranks Britain's top 100 private technology companies with the fastest-growing sales over the last three years.
The Loughborough-based company, ranked 14th in the Tech Track 100 national league table, clocked up annual sales growth of 144% over the period and put it in position as the highest placed UK manufacturer listed.
The company, which designs and manufactures small wind turbines, saw sales grow from £497,500 in 2009 to £7.3m in 2012, and recently signed an export agreement to take its product into Asia.
CEO Kevin Parslow said: "We believe we are a world-class manufacturer, and this ranking is testimony to the outstanding achievement of the Evance team."
"Unlike large scale wind turbines the R9000 is unobtrusive – no bigger than a mature tree – but makes a significant impact to energy savings. Our customers – who include home owners, farms and schools – usually install one or two small wind turbines, and some have replaced oil with wind power." Evance expects to install its 1,500th turbine next month.
