After a slightly unsettling year with TSP Engineering’s parent company, British Steel, entering enforced insolvency, the business has continued to strive and succeed. From 4 members of the TSP Team being named in The Manufacturing Top 100, to CEO John Coughlan taking the crown for Best Businessperson of the Year at the in-Cumbria Awards. And, there’s no stopping the specialist manufacturing this year!
We received some fantastic news earlier this week informing us that our CEO, John Coughlan from, is a Regional Finalist for Institute of Directors (IoD) – Director of the Year Small–Medium Business. In May, John and members of the TSP Team will attend the ceremony at the Hilton in Manchester full of celebration, food and entertainment, where the winners will be announced.
The category of ‘Director of the Year – Small-Medium Business’ is designed celebrate those directors working in a business that employs under 250 employees. The award will go to the business that can show outstanding initiative, boldness and imagination in the enterprise, as well as sound management practices.
John Coughlan, CEO of TSP Engineering, stated: “I’m really delighted to be recognised by such a respected and high-profile institution such as the IoD. This is a real accolade for all the people at TSP Engineering because leaders can’t lead without a good team”.
Since joining TSP Engineering in 2014, John has turned the business around completely. Upon his arrival he was given the task of leading a business which had repeatedly underperformed, making financial losses of £2M per year. TSP Engineering has now seen profits year after year, with the company recently securing just under £50M worth of orders for 2020 so far which will be delivered over a 3-year period. John has been, and will continue to be, integral in securing TSP Engineering’s future from guiding the team to become the first in the world to be certified to ISO 19443, to working endlessly around the clock to ensure the sale to Jingye was completed successfully.
It’s great to see a local leader be recognised for their passion, knowledge and commitment at such a high level. It’s important we, as employers, educators and businesses continue to encourage and invest in our people, from apprentices right up to the top, as they are going to be the future face of the Industry and Region.
So all that’s left to say is, well done John, we have everything crossed for you!