Vesconite Bearings clinches SACEEC Exporter of the Year Award in XX-large category

/ MEDIA STATEMENT / This content is not written by Creamer Media, but is a supplied media statement.

Leading manufacturer of low-friction self-lubricating bearings and wear materials Vesconite Bearings is pleased to announce its success at the South African Capital Equipment Export Council (SACEEC) Exporter of the Year Awards.

The company proudly received the award in the XX-Large category, recognising outstanding export performance among companies with an annual turnover ranging from R150-million to R200-million.

The prestigious SACEEC Exporter of the Year Awards ceremony took place on November 21, 2023, in Johannesburg, in South Africa. This event serves as a platform to celebrate and acknowledge the passion, dedication and innovation exhibited by industry members in both local and export markets.

Entries across various categories underwent rigorous evaluation based on criteria such as marketing strategy, export turnover, local content and active participation in national and regional export promotion activities, as well as engagement in export council member events.

One of the staff members accepting the award on behalf of Vesconite Bearings was Cassandra Peens, a dynamic young engineer at the company. Peens has played a crucial role in export promotion initiatives in 2023, participating in various export-promotion trips, notably to Europe and the US. She has first-hand experience with Vesconite Bearings’ export promotion strategy, which has involved establishing relationships with existing and new clients through outreach programmes.

Peens expressed her pride in Vesconite Bearings' achievements, stating, "Vesconite Bearings is particularly pleased that it has close to doubled its exports in three years.”

“We are committed to further increasing the contribution of exports to our total sales, with the goal of exports constituting 75% of turnover.”

“This goal has already been achieved in some individual months, showcasing our dedication to international growth.”

The SACEEC Exporter of the Year Award is a testament to Vesconite Bearings' commitment to excellence, innovation and strategic growth in the global market. The company remains focused on driving success and contributing to the advancement of South African-made products abroad.