Chairman and Chief Executive Officer
Peter Smith is Chairman and CEO of the UK-based Nasmyth Group, a cluster of precision engineering companies that serve a range of industries including aerospace, defence, energy, medical, automotive, marine and space.
Trained as a physicist, Peter has been closely involved in design and manufacturing throughout his career. For 15 years he has applied his entrepreneurial skills through management buy-ins, the establishment of start-up businesses and ultimately the establishment of Nasmyth Group. With revenues of $120m, the Group employs over 800 specialist industry professionals, incorporating an apprenticeship academy.
Peter was voted Entrepreneur of the Year in the Midlands EY Engineering awards in 2013 and has been a board member of public and private companies in the UK and internationally. He is a major contributor to industry development through his board memberships and work with bodies such as the Engineering Employers Federation, ADS and the Midlands Aerospace Alliance trade association.
International expansion through exports and offshore businesses is a key part of Peter’s strategy for the Nasmyth Group which already has a manufacturing plant in the US, a US regional headquarters, a business in India and an office in France.