Sunseeker International said it won the Champion of British Manufacturing award at the Walpole British Luxury Awards, which were announced Monday night at a ceremony at The Dorchester in London.

The company said the awards were created to honor companies that demonstrate excellence in the luxury sector in Britain. Judges recognized Sunseeker as the champion of British manufacturing when considering its manufacturing base in Dorset, where it produces about 150 boats a year that range from 50 to 155 feet.

Sunseeker said it launched five new models in 2016 — the 131 Yacht, 95 Yacht, 116 Yacht, Manhattan 52 and Predator 68 — as demand for its luxury models grows.

“This award is a tribute to the skill and dedication of our 2,000 employees in Dorset, where we have meticulously manufactured award-winning luxury performance motoryachts for 50 years,” Sunseeker CEO Phil Popham said in a statement.

“To be honored amongst other prestigious British brands, such as Jimmy Choo, Tate Modern, Stella McCartney and Rolls-Royce Motor Cars, is a hugely rewarding experience for the whole team.”

The company recently said it will make an investment of 50 million pounds ($62 million) in the next five years across new products, improved shipyard facilities and the continued recruitment of people. Sunseeker said 225 joined the company this year.