Exploring new opportunities for export
Andrew Watson, Executive Director, Efic A new financial year is an opportunity for new beginnings for small businesses. This could involve exploring a new source of revenue, a new growth channel or a new market. For manufacturers, international markets offer a number of exciting opportunities for growth across a range of industries. Export is an opportunity to penetrate new markets, magnify the scale of your business operations and gain global exposure for high quality Australian products and services. In the course of my job, I work with many Australian manufacturers that are achieving success overseas, and it’s inspiring to see. Whether your business is in wine, food, engineering, healthcare or fashion, export can be the chance to take your domestic business to the next level. Many manufacturing businesses are navigating these challenges and achieving great success overseas. One such company is Jet Engineering, an Australian business that specialises in the design, manufacture and installation of custom-built machinery for the mining and construction industries. “Our flagship product is our hydraulic tyre handler, which we developed for the Australian underground coal mining sector,” explains co-founder Shayne Ritchings. Recently, Jet Engineering won a large export contract for a modified version of its hydraulic tyre handler, which will be installed in an underground platinum mine in South Africa. “We’d done a little bit of exporting, having previously sent a crane to a mine in Papua New Guinea a few years ago,” said Shayne, “however this was nowhere near the scale of this South African project.” “The contract is for just the one attachment initially, and a critical spares kit for repairs,” said Shayne, “with possibly a second one down the track.” “Off the back of that, we’re now talking to a mine in Mongolia about the same tyre handler product as well, and we’re […]