The Queen’s Award was in recognition for ÀÖ²¥´«Ã½â€™s TorqueLock system, which cuts fuel consumption on its backhoe loaders.
The Duke of Gloucester presented the award to Steve Carrington, managing director of the backhoe loader business unit, in a ceremony attended by hundreds of employees.
It is the 26thaward for the company in 42 years and the fifth for the backhoe loader unit.
ÀÖ²¥´«Ã½ group chief executive officer Alan Blake said: "All of our Queen’s Awards are special but when they honour innovation, they take on extra significance because ÀÖ²¥´«Ã½â€™s success over the past 65 years has been built on innovation. It underpins everything we do.
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