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TBS Engineering celebrates 50 years of innovation in energy storage
TBS Engineering Group is celebrating 50 successful years since being founded in 1968 by Thomas Stamp.
TBS Group Managing Director David Longney said it’s a proud moment: “TBS is on a remarkable journey. We pioneered COS technology and continue to lead the way in automation and innovation in our sector. From machines that produced just two batteries per minute 30 years ago, to over ten per minute today. With every advancement we create a safer, and greener more efficient industry.”
Today, the group turnovers £40m and employs over 200 people worldwide, with operations in China, Canada and the UK. It has enjoyed consistent growth, having served the UK domestic market to being almost 100% export today, delivering machines and services to customers in over 80 countries.
In the last half century there have been significant improvements in safety and sustainability within the industry, which David says TBS has played a leading role in: “It’s a much greener industry today. A recent study by Scientific America has demonstrated that in the USA lead-acid batteries are the most recycled product. 99.3% of all lead-acid batteries are recycled. There’s almost no waste.”
It’s an important message that TBS’ sales & marketing leadership will be helping the industry to promote and follows on the back of the BCI and ILA’s ‘Essential Energy Everyday’ campaign, which TBS is a big supporter of.
In 2018 the global lead acid battery market was valued at USD 48.56 billion. It’s expected to witness further growth owing to its increasing usage in vehicles and UPS, along with advancements in manufacturing processes, increasing at a CAGR of 7.14% during the forecast period (2018-2020).
With the wider energy storage sector poised for unprecedented growth, TBS is well placed for the future David concluded: “With our commitment to the battery and energy storage industries, and our desire to create positive change, we can continue to lead the charge in what’s set to be another exciting chapter for TBS. We want to continue our legacy of developing disruptive products, while pioneering positive change.”
“There’s a bright future for lead acid batteries, there is no doubt about that and we’re fully committed to it. Our mission is to continue to use technology to make energy storage, of all types, even greener and more productive.”
TBS plans to celebrate its 50-year achievements throughout 2018 with a number of employee and customer events, which start in June as TBS moves into its new £15m purpose built Global HQ in the UK.