Proto Labs Ltd. Wins Queen's Award for Second Time
MAPLE PLAIN, Minn.--(BUSINESS WIRE)-- Proto Labs Ltd., Proto Labs Inc.s Shropshire, England location, is the proud recipient of the 2013 Queens Award for Enterprise: International Trade. This is the second time the company has been honored with the award since opening in the United Kingdom in 2005; the first was in 2010.
Proto Labs (PRLB) has established itself as the worlds fastest source for custom CNC-machined and injection-molded parts delivered in as little as one business day. Since inception the company has invested unceasingly in both technology and people, building a world-class, innovative service to designers and engineers across Europe. As a result, Proto Labs has enjoyed an impressive rate of year-on-year expansion.
This Queens Award recognizes our outstanding performance in international trading, says Managing Director, John Tumelty. Our investment strategy has over the years resulted in substantial growth both in terms of earnings and market share in a very competitive market. In fact, its precisely because of this investment that our services are in such demand by designers and engineers across Europe who value highly innovative processes that reduce product development times and costs without compromising on quality.
Proto Labs Ltd. is part of the globally successful Proto Labs, Inc., based in Maple Plain, Minn. However, it is local expertise and engineering know-how that made Proto Labs Ltd. a success in Europe. While our European manufacturing operation is based solely in the U.K., adds Tumelty, We have sales offices in the U.K., Germany, France and Italy, which have helped us build successful working relationships with some of the biggest, most prestigious manufacturing companies across Europe, within the automotive, aerospace, medical and domestic appliances sectors, amongst others.
Each category of the annual Queens Award has a separate judging panel that makes a recommendation to the U.K. Prime Ministers Advisory Committee. This committee then makes a final recommendation to Queen Elizabeth who decides the winners and invites representatives to attend a reception at Buckingham Palace.
Everyone at Proto Labs can be proud of the part they play in our success. It is their hard work that has made Proto Labs a manufacturing force capable of competing in the European market, making this second Queens Award possible, says Tumelty.
About Proto Labs, Inc.
Proto Labs is a leading online and technology-enabled quick-turn manufacturer of low-volume CNC-machined and injection molded custom parts for prototyping and short-run production. Proto Labs provides Real Parts, Really Fast to product developers worldwide and has two quick-turn services in North America, Europe and Japan: Firstcut (www.firstcut.com) CNC machining and Protomold (www.protomold.com) injection molding. Both are capable of providing parts in as fast as one business day. For more information, visit protolabs.com.
About Proto Labs, Ltd.
Based in Shropshire in the U.K., Proto Labs Limited has radically changed the economics and lead times associated with the production of prototype and low-volume parts for European manufacturers. Proto Labs customers include companies from all sectors such as medical, aerospace, automotive and consumer electronics. For more information please visit www.protolabs.co.uk
Proto Labs, Inc.
Bill Dietrick, 763-479-7664
Gage for Proto Labs, Inc.
Krissy Schoenfelder, 763-595-3854
Source: Proto Labs, Inc.Copyright Business Wire 2013