Lambda Europe awarded manufacturer of the year

This year’s awards not only commemorated local manufacturing firms trading on the world stage, but also marked the 10th birthday of the NDMA awards. Lambda picked up its award at the ceremony which was held in March at The Barnstaple Hotel in Devon. The event was attended by over 60 business leaders from across the South West.

Having recently celebrated 40 years of manufacturing at its Ilfracombe plant, Martin Southam, Director of Marketing, Lambda Europe attributes the company’s continuing success to: “A very loyal and experienced team of employees with expertise in a multitude of disciplines. More than 40% of our employees have been with Lambda for over 10 years and the average length of service is 9 years.

“The Ilfracombe site now employees 300 people in one of the most advanced electronics plants of its kind and investment in the site continues.” He adds, “Product innovation has been synonymous with Lambda UK ever since those early days of utilising transistors instead of valves, and the plants at Ilfracombe have played a key role since 1966.”

The initial building at Ilfracombe occupied 5400 sq ft and first year sales were recorded at £500,000. Now, there are two factories occupying 21,000 sq ft of manufacturing making a significant contribution to TDK and Lambda’s overall position as market leader in the industrial power supply market worldwide.