‘Top twenty’ recognition for PTG in Sunday Times Inward Investment Track
Precision Technologies Group (PTG) has been recognised in the inaugural Sunday Times PA Consulting Inward Investment Track supplement.
The business is highlighted as one of twenty up and coming medium-sized subsidiaries of foreign companies, and significant investment pledges made by foreign corporates across the regions of the UK in the last year.
Showing great confidence in PTG
“We are delighted to have been identified as one of the UK’s up and coming medium-sized companies,” comments PTG Chief Executive Officer, Dr Tony Bannan. “Since our organisation was acquired by China’s Chongqing Machinery & Electric Co. Ltd. (CQME) in 2010,” he continued, “our Chinese owners have invested considerably in the business, allowed retention of a significant proportion of profits to develop new products and markets, and supported investment in R&D, training and skills, exhibitions and publicity. What has been demonstrated is that CQME has great confidence in PTG, and wholeheartedly backs our vision for the future.”
Featuring in the Sunday Times business section on 8 June 2014, the Inward Investment Track was compiled by Oxford-based Fast Track in association with its media partner, The Sunday Times, and illustrates why the UK is one of the top locations in the world for investment by overseas-headquartered corporates. In addition to up and coming medium-sized companies, the supplement ranked Britain’s 50 biggest foreign employers in the Inward Investment Track 50.
Inward Investment Track is sponsored by PA Consulting Group and supported by UK Trade and Investment.
For more information, please visit: www.inwardinvestmenttrack.co.uk