October was a month of consolidating the various projects and jobs that commenced in prior months.
Steel Wall Framing Division
For some time and as a direct consequence of the Global Financial Crisis, the market has demanded steel wall frames and roof trusses to be more competitively priced. In addition, there is an increasing trend for manufacturers of mine site accommodation to look at overseas suppliers.
As a consequence, we continue to invest a significant amount of time and cost into our building systems and procedures.
This is an ongoing process and our desired outcomes are to offer a greater range of services at more competitive rates.
Mechanical Engineering Services
In October we completed a modification and repair of a service mast for Schlumberger Australia Pty Ltd. Our client was on a tight deadline and we were able to undertake all tasks by the due date.
Wireline Winches
We have received an increased number of requests in relation to our range of wireline winches. We expect this is a direct result of exploration companies re-commencing active exploration.
Our plan is to offer a greater range of new products in the next 6 to 12 months.
Outlook
As reported mentioned previously, we have witnessed a significant increase in economic outlook and business optimism and we anticipate a successful 2010.
John Miniello
Managing Director - The Centrix Group