Quickgrind, based in Tewkesbury, Wiltshire, has been awarded Authorised Economic Operator (AEO) status by HM Revenue and Customs (www.quickgrind.com).

A leading manufacturer of precision solid-carbide rotary-cutting tools for the die, metal-working, automotive and aerospace industries, Quickgrind said that this internationally recognised quality mark, introduced by the EU, gives assurance that the company’s supply chain is secure and that its customs controls are efficient and compliant.

Applications for AEO status in Britain are rigorously assessed by HMRC, and AEO companies enjoy a ‘more simple and less time-consuming passage’ through customs control.

The resulting benefits passed on to their customers include faster and more cost-efficient deliveries, with fewer delayed shipments and lower risk of theft or other losses.