PJ Valves (PJV), the specialist manufacturer and supplier of valves for the global energy industry, is celebrating a tremendous year of growth. With an increased workforce of 25% and winning both the Queen’s Award for International Trade and the EIC Export award this year, the company is set to continue its winning streak.
With 80% of PJV’s revenues now coming from exports, the company has excelled in creating a strong relationship with its international business partners. Its global success has been fueled by expanding operations into North America and Asia Pacific regions. Reflecting the global nature of oil and gas projects, PJV’s international business today accounts for over 70% of its revenues, compared to 20% in 2011. Identifying new markets and committing to them, has been the key to the company’s success throughout the oil industry downturn.
James Moir, Group Sales Director comments, “Our international offices are filled with local employees, allowing us to support our clients on the ground. We’re focused on understanding our clients’ challenges. In doing this we’ve succeeded in winning a variety of projects wins from FPSO to EPF work. It’s a real testament to the strength of our growing team. We don’t just sell valves, we solve problems that our clients might not have even noticed they had.”
Both the Queen’s Award and the EIC Export award are a recognition of PJV’s overseas growth and export strategy. But this is only the beginning, the company will continue to expand into the Middle East in 2018. It already has two manufacturing plants in India and Italy which it continues to invest in. Here, the company can offer competitive prices and has control over the design process, collaborating with customers every step of the way.
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