Hutchies’ Hutchinson Builders 1912 2012
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HUTCHIES’ HUTCHINSON BUILDERS 1912 2012 100 YEARS A QUARTERLY NEWSLETTER FOR HUTCHINSON BUILDERS DECEMBER 2014 Size has never mattered at Hutchies Artist’s impression of the facade and shopfront upgrade to the central shopping and dining plaza of Chevron Renaissance in the heart of Surfers Paradise – one of Hutchies’ smaller jobs on its varied workbook. Metro Grand is among the tallest buildings on Sydney’s skyline. HUTCHIES has always done work book. We are always small jobs and bid open tenders competitive. Metro residences now complete – we follow the client rather than “Hutchies’ history of working THE crowning glory of Metro Resi- size or category of the project. on a large number of big and dences on Sydney’s North Shore was Chairman Scott Hutchinson small jobs in all sectors of put in place recently, 265 metres above said that, while Hutchies worked the market and over a wide sea level after three days of nail biting, on many large prestige jobs, geographical spread has always hand wringing and weather-related there was an enormous number effort. of smaller jobs – most won at ➤ Continued on Page 2 With addition of the lightning mast tender – which helped fill the to Metro Grand, the building stands at RL 268 and is now among the tallest buildings in Sydney. SSomethingomething toto ccrowrow aaboutbout A great result for the jig master and Hutchies’ crane crew. Managing director, Greg Quinn, The $230 million three-tower Metro strikes a piratical pose with a bird Residences – 553 apartments covering on his shoulder at the Apprentice 110 floors across three individual and Cadet of the Year awards. towers and built over the Chatswood Hutchies’ largest project to Transport Interchange – is Hutchies’ ~ Full story, pictures, Pages 10 & 11. date, the $230 million Metro largest project in Australia. Residences, is now complete. ➤ Business model sets Hutchies apart from its peers ~ Managing Hutchies wishes its team members, their Director’s report Page 2. families and all our friends a Merry Christmas, a prosperous New Year and a safe and happy ➤ Boost to profit ~ Page 2. holiday season. ~ Chairman Scott Hutchinson HUTCHIES’ ➤ the $230 million, three-tower Cont’d from Page 1 Metro Residences in Chatswood, Sydney, while the smallest was a been reflected in the way we $100,000 job that encompassed a do things, including recruitment, new storage shed construction, training, industrial relations, upgrade to an existing building team deployment, purchasing, and landscaping at the Office of costing and accounting,” said Australian War Graves Garden Scott. of Remembrance in Hobart, “We have always had a will- Tasmania. ingness to follow our clients Other small contracts include anywhere and to do whatever It might be one of Hutchies’ smallest jobs of recent times, but a $139,000 breezeway at South they wanted. the Tassie team is proud of the newly completed maintenance Bank, Brisbane; a $170,000 refur- “As a result, we established shed and storage facility at the Office of Australian War Graves bishment of a retail tenancy local offices and teams all over Garden of Remembrance in Hobart. within Allamanda Hospital, Gold Australia, put down roots and Coast; a $815,000 expansion at started prospecting for more Fairholme College, Toowoomba; work in the local areas. lies have integrated into local and processes apply and we a $330,000 extension to a truck “Hutchies expanded at a communities on personal and intend to continue with this washing facility at Reedy Creek, time when many organisations professional levels.” model which has served us well Surat Basin; a $870,00 refurbish- constricted. By being ‘local’, Hutchies is during good times and bad,” said ment at Chevron Renaissance, “We are now considered ‘locals’ able to engage nation-wide in Scott. Gold Coast; and a single-storey on a national scale because our both small and large jobs. In the past 12 months, medical centre at Deeragun, team members and their fami- “Big or small, the same quality Hutchies’ largest project was Townsville. OVER the past 12 months, Hutchies has Low interest rate boosts undertaken 177 projects which collec- From the tively resulted in turnover of approxi- turnover, profit and jobs mately $1.4 billion. Managing A LOW interest rate has further as long as the RBA While the largest project on our Director helped produce a 37 per held the cash rate steady. books in this period is the $230 million cent lift in annual profit for But, while mining-related Metro Residences apartment towers in Hutchies and is expected building has dwindled, Chatswood, Sydney, the smallest is a $100,000 refurbishment at the Office sector”. While we do have good opera- to create 150 new in-house Greg said Hutchies had of Australian War Graves Garden of tional systems and structure and a great jobs based on an optimistic transitioned the change Remembrance in Hobart. balance sheet to support Hutchies’ $1.5 outlook for the year ahead. relatively smoothly. The average project size across our billion per annum plus growing busi- Managing Director, Greg “Hutchies realised the entire business over the period is $10.4 ness, it all comes back to the calibre Quinn, said Hutchies had sector was on a downturn million. of our people and providing them with a pre-tax profit of $22.7 and refocused on the It is this feature of Hutchies’ busi- the tools they need to be successful million in the 2014 financial traditional construction ness model that sets us apart from our including the autonomy to make deci- year – up from $18 million sector,” he said. peers in the marketplace and impacts on sions. in the prior year. “Mining-related building almost every aspect of our operations. One of the reasons Hutchies is Greg said the result demand in Australia has Our capacity and intention to operate successful is because we put a lot of time was due largely to strong fallen except for the Surat in all segments, big and small around and effort in up front aligning the right demand for high-density Basin which is still strong Australia shapes everything we do. construction team with the right client residential buildings. for us and generating $100 For instance, our industrial relations on the right job. “Southeast Queens- million in annual revenue.” arrangements need to reflect the fact There is a big difference in the skills land – taking in Sunshine He said the company we operate in both the big and small set between one of Hutchies’ team Coast, Gold Coast, Brisbane was now taking back end of town, the background and skill leaders or project managers who take and western Toowoomba former workers who had sets of our people and consequently on say a $300 million full design and region – is strong,” Greg transferred to the mines. our training programs are different for construct apartment building in the said. Hutchies is set to add those undertaking retail sector refur- Sydney, Melbourne or Brisbane CBD “Cairns and Townsville 150 full-time workers this bishments to those working on $100 and all that goes with it, and a team are solid. There has been year and another 100 next million projects in the resource sector. leader or project manager who has to a real surge in high-density year. Our presence via 18 offices around manage say a $700,000 refurb in an residential demand in The training program Australia forms part of the company operational shopping centre on a 24/7 the southeast corner of also will receive a boost s t r a t e g y t o b e r e c o g n i s e d a s lo c a l b u i ld e r s basis. Queensland and in Sydney. from its current level of 130 everywhere we go and to perform works Both are highly skilled – just in “Hutchies has secured a apprentices and cadets. big or small associated with the region different areas and both are equally significant number of resi- Greg said he did not we are operating in. important to Hutchies’ future. dential projects over the expect to see much We have a standard job costing and While there are many things that past two months and we demand for the lifeless accounting system that supports jobs of have helped make Hutchies successful expect that to continue on commercial property all sizes, in many locations at any given over its 102-year history, I genuinely until probably about this market for another couple time around Australia. Many in the believe the key is our business model time next year,” he said. of years. building and construction industry are that exposes us to every market around Greg said he expected Hutchies’ turnover of intrigued by Hutchies’ business model Australia – big or small. the residential building $1.4 billion was derived 70 – “any size job, anywhere and in any – Greg Quinn demand to be fuelled per cent from Queensland. 2 HUTCHIES’ Client and builder strike a sweet chord to rescue native bee hive HUTCHIES’ enthusiasm for bees and the Glad- relocation of the hive and he and the GPC stone Ports Corporation’s (GPC) environmental Environmental Crew will continue to regularly concerns struck a sweet chord recently when monitor the hive and harvest the honey. both parties worked in concert to rescue a native The GPC created signage to educate the public bee hive discovered on the Gladstone East Shore about the Native Black Stingless Bees. Maritime Precinct Project. The Tetragonula Hockingsi species is found Landscaping works halted on discovery of the in northern Queensland, preferring the warmer active Native Black Stingless Bee (Tetragonula temperatures.