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SP Systems wins multiple awards

SP Systems, the Newport, Isle of Wight, developer of advanced composites for the marine, automotive and wind energy industries, has received three awards in a week, writes Iain Sutherland.

The British Chamber of Commerce named the company national business of the year, the South East England Development Agency (SEEDA) named it sustainable business champion and the Isle of Wight Chamber of Commerce gave it its investment in the community award.

SP collected these awards after demonstrating its open management style, increasing its turnover from £6m in 1994 to £70m in 2003 and showing sustainable business practices were factored into all decisions.

The company also simplified production to boost energy efficiency, reused coated paper to save £250,000, and introduced new design techniques to reduce wastage.

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