Transatlantic Accolade for Tower Cold Chain’s Investment into U.S.
Hits:267 Date: 6/12/2024
Temperature-controlled container specialist Tower Cold Chain has received a prestigious Transatlantic Growth Award (TAG) for its investment into North America.
The TAGs are awarded by BritishAmerican Business (BAB), the international chamber of commerce representing the interests of companies involved in transatlantic trade.
Tower won the TAG for ‘UK SME Growth & Investment in the US,’ following the opening in 2023 of its Americas Centre of Excellence. This significant investment in a 26,000 sq. ft Centre of Excellence ensures the availability of the entire Towers product portfolio, from 12 to over 3000 litre payloads, and covering a temperature range from -80°C to +20°C. This demonstrates Towers' commitment to providing availability and proximity for its expanding US customer base in the pharmaceutical, life sciences, airline, and 3PL sectors.
Only six TAGs are awarded annually, representing UK investment into the US, and vice versa, across three sizes of company.
The announcement was made at a reception held at the Institute of Directors in London. Earlier the same day, Tower CEO Niall Balfour participated in a roundtable of business representatives to discuss ‘UK investment and expansion in the US.’
“We’re honoured by this accolade, which is fiercely contested and carefully judged by BritishAmerican Business’ experts in transatlantic growth and investment,” said Niall Balfour.“It’s a testament to the hard work and dedication of the Tower team on both sides of the Pond.”
BritishAmerican Business CEO Duncan Edwards said: “We are incredibly proud to recognise the winners of this year’s Transatlantic Growth Awards. These companies exemplify the dynamic and robust nature of the transatlantic trade and investment relationship.
“Their successes not only drive growth and create jobs but also strengthen the bonds between the UK and the US. Congratulations to all the winners for their remarkable achievements and their continued contributions to the transatlantic business landscape.”
About Tower(www.towercoldchain.com)
Tower delivers proven physical and temperature protection for pharmaceutical and life science products and our robust, reliable, and reusable containers are the essential link in the stability of the cold chain.
Headquartered in the UK, we operate a global network ensuring availability and easy access to our products for all customers.
We are trusted by global pharmaceutical, logistics and airline companies and our experienced team, supported by a centralised quality-management system, reinforces customer confidence that our shipping facilities will meet requirements throughout the supply chain. Our patented design technology ensures our solutions meet the pharmaceutical industry performance standard, providing a minimum of 120 hours temperature compliance in any environment, anywhere in the world.
We work closely with our customers, realising their requirements and how we can address emerging needs. and to deliver customer-focused innovation in temperature-controlled protection.
For Tower sales enquiries please contact:
Caroline Suard, Global Marketing Manager, Tower Cold Chain
Email: Caroline.Suard@towercoldchain.com