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Record trading performance for Scottish technology company

Photograph of Nigel Kerby
MRS is delighted to help with this land purchase that will support research of the James Hutton Institute into sustainable crop production and land use.

Mylnefield Research Services (MRS) Ltd, the technology and innovation company that translates scientific research at the James Hutton Institute into commercial products and services has announced record trading results.

In the financial year 2011/2012 MRS Ltd achieved a record turnover in excess of £3m, enhancing profitability and enabling the company to make a charitable gift of £300,000 to the James Hutton Institute. This Gift Aid will enable the Institute to further invest in its research programmes and facilities.

MRS Managing Director, Dr Nigel Kerby said the trading performance had been achieved despite the current difficult financial climate.

Dr Kerby said: “We understand that this money will make a significant financial contribution to the recently announced purchase of land at Berryhill Farm in Angus, extending the scope of our Centre for Sustainable Cropping.

“MRS is delighted to help with this land purchase that will support research of the James Hutton Institute into sustainable crop production and land use.”

Professor Iain Gordon, Chief Executive of the James Hutton Institute, congratulated MRS Ltd on its record performance. He said: “The translation of our science into new crop varieties that meet the demands of an ever-changing world is fundamental to the James Hutton Institute’s mission.

“We are very fortunate to have a strong relationship with the farming and food industry through our commercial subsidiary MRS Ltd.”

Notes to editors

Mylnefield Research Services Ltd was founded in 1989 and has been trading since 1992. It is a wholly-owned subsidiary of the James Hutton Institute and is responsible for commercialising the intellectual property and expertise of the Institute.

More information from: 

Bernardo Rodriguez-Salcedo, Media Manager, Tel: +44 (0)1224 395089 (direct line), +44 (0)344 928 5428 (switchboard) or +44 (0)7791 193918 (mobile).

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Printed from /news/record-trading-performance-scottish-technology-company on 21/04/19 11:36:10 PM

The James Hutton Research Institute is the result of the merger in April 2011 of MLURI and SCRI. This merger formed a new powerhouse for research into food, land use, and climate change.