Jewellery Quarter firm produces Chelsea Flower Show medals
Wednesday 18 May 2011
Taken from www.thebusinessdesk.com
MEDALS produced by Birmingham-based manufacturer Toye, Kenning & Spencer will be handed out to prize winners at the Chelsea Flower Show next week.
The medals have been manufactured from a range of metals, from a base type to nine-carat gold, and are stamped from hand engraved dies.
Chief executive Fiona Toye said: “Every winner of a Royal Horticultural Society Medal has worked hard over many months or even years.
“They treasure the medal they are awarded, whether it is gold, silver or bronze, and so we make sure each one is manufactured with care and attention.”
Founded by a penniless Huguenot refugee, Toye Kenning & Spencer is over 320 years old and considered to be Birmingham’s oldest company.
It is part of the Toye & Co which last week announced its full-year results showing the company had returned to profits following a drive to cut costs and increase exports.
Turnover for the year ending December 31, 2010, amounted to £8.5m compared to £8.2m for the previous year, an increase of 3.1%.
It posted a profit of £100,146, compared to a loss in 2009 of £186,478, after charging interest payable and stock write downs.