Financing Manufacturing
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NOVEMBER 2018 VOLUME 14 NUMBER 10 Print Post Approved 100002454 Hunter Business Review 14TH YEAR OF PUBLICATION 2018 MANUFACTURER OF THE YEAR McLanahan Corporation Business FINANCING Australia $6.60 MANUFACTURING ISSN 2202 - 8838 (Print) ISSN 2202 - 8846 (Online) IN THE HUNTER Connecting & informing business people Need new office furniture? Australian quality, direct from the manufacturer The latest trends Australian made Easy and fast Superior quality Save time No minimum and money order quantities Order your custom office fit-out online! 1 Simply browse our 2 Select 3 Take delivery 4 Easy self- curated range at your within seven installation * your leisure products working days and set-up *Subject to stock availability and delivery location. Visit fusionofficefurniture.com.au Call 1800 942 942 HBR contents PUBLISHED BY: Hunter Business Publications Pty Ltd ABN: 15 112 838 945 265 King Street Newcastle NSW 2300 From the Editor PO Box 853, Hamilton NSW 2303 4 Phone: (02) 4925 7760 Fax: (02) 4925 2570 5 Business News PUBLISHER and EDITOR: GARRY Garry Hardie 17 #HunterInnovate Mob: 0414 463 125 [email protected] 21 Let's Talk With ART DIRECTOR: Sandie Collie [email protected] 22 Need a Break? CONTENT MANAGER: Jason Duncan 24 Business Advice [email protected] SANDIE PRINTING: 25 New Appointments NCP Printing Phone: (02) 4926 1300 [email protected] 28 Property www.ncp.com.au Published monthly (except January) Business Financing Hard copy circulation: 5,000 31 Also available online JASON www.HBRmag.com.au 35 Manufacturing in the Hunter HUNTER BUSINESS PUBLICATIONS PTY LTD 39 2018 Hunter Manufacturing Awards 2018 ALL RIGHTS RESERVED Reproduction in any part prohibited without the 49 Business Services written consent of the publisher. While every effort has been made to ensure all information in this magazine is accurate, no responsibility 50 Funny Business is accepted by the publisher, Hunter Business Publications Pty Ltd Make our passion yours, creating the ultimate boating experience. “NEW” RIVIERA 39 SPORT MOTOR YACHT If you wish to sell, upgrade or purchase a vessel contact R MARINE PORT STEPHENS Your local Riviera Dealer & Club Marine Insurance Agent. 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All this with a WEB: www.rmarineportstephens.com.au Like us on Facebook and Instagram starting retail price from: $921,000.00 NOVEMBER 2018 | 3 HBR from the editor This issue includes the So why is manufacturing so important? annual Manufacturing For a start, manufacturing is the second largest direct employer feature, highlighting in the Hunter, providing jobs for thousands of locals. and celebrating Modern manufacturing is a high skills area and a major trainer of the importance of employees, providing them with a valuable skill set for life. manufacturing to this The export of locally manufactured goods and allied services, as region. well as the replacement of imports, makes major contributions to Manufacturers rarely a healthier balance of trade for Australia. receive the accolades We all know that innovation is a vital economic ingredient they deserve, for the 21st century and modern manufacturing embraces partly because innovation to help build wealth for the entire country. manufacturers are Finally, what is not understood by many, is that manufacturing usually busy getting has a huge multiplier effect, estimated to be up to 5, meaning on with work rather that the indirect benefits are huge. You may not consider yourself than singing their involved in manufacturing, but your business or job may very well praises and partly have manufacturing to thank for its existence. because of a lack of So next time you think about manufacturing, don’t think of last knowledge by the century factories, think of innovative businesses that are leading general public and our leaders. the way in helping to create a stronger economy and future for all Manufacturing is a vital part of our economy and a vital of us. contributor the future prosperity of our region and nation. Garry Hardie Some still have the image of manufacturing equating to grease Editor & Publisher and overalls but in most cases this is far from the truth for modern manufacturing. Successful manufacturers are embracing technology and innovation to offer new solutions to the marketplace and ON THIS MONTH'S COVER exporting globally, in some cases even to countries such as Hunter Manufacturer of the Year 2018, McLanahan. Managing Director Neil Hunt is China that have a reputation for low cost manufacturing. These holding the Manufacturer of the Year award at manufacturers understand that there is always a market for the front of their new facility in Cameron Park. unique solutions that offer significant benefits. Be informed - receive your own copy of HBR HBR is available as a hard copy magazine and online. Make sure you receive HBR by completing one of these options at www.HBRmag.com.au 1. Receive your own hard copy HBR mailed directly to you for only around $1 a week. 2. Receive notification when the latest issue of HBR is available for reading FREE online For further information visit www.HBRmag.com.au, email [email protected] or call (02) 4925 7760 4 | NOVEMBER 2018 HBR business news Council commits to next stage in Scone Regional Airport Upgrade Upper Hunter Shire Council has voted to proceed to the next secured a $6.2 million grant from the NSW Government’s Regional phase of the major upgrade project at the Scone Regional Airport. Growth - Environment and Tourism Fund, announced in May 2018 Upper Hunter Shire Mayor Wayne Bedggood said Council was by Michael Johnsen MP, Member for Upper Hunter. already heading in the right direction with the management of The Aviation Visitor Attraction will be one of only a few in the the airport and its facilities, and this significant investment would world to offer the opportunity for joy flights in World War II benefit the Shire. aircraft and ‘behind the scenes’ viewing of aircraft restoration “Additional grant funding is being sought to assist with the total work. It will be an all-year-round attraction building on the upgrade project which Council wishes to cap at $20 million,” he said. popularity of the Warbirds over Scone Airshow which will occur “Investment in the airport will promote tourism, encourage new every two years. residents and businesses, and create new jobs for the region. “There is a wide audience for vintage aviation from families to “The upgrade is also critical to the safe operations of aircraft history buffs and flying enthusiasts,” Cr Bedggood said. activity,” he said. “With the completion of the feasibility stage for the airport “The airport is an important community asset for all of the upgrade, Council has confidence that there is a strong business Upper Hunter region as it provides critical and lifesaving Aviation case to invest in the airport and to continue into the next phase Emergency Services. Last financial year there were in excess of a five phase project plan. Council will review the project at of 620 landings by emergency service aircraft including Air the end of each phase to ensure the project benefits, costs, Ambulance, Westpac Helicopter, Child Flight and RFS. risks and schedule are in line with the business case. Using this “The upgrades will not only continue to support these methodology will enable Council to approve each phase and services, but will ensure the existing airport businesses are able ensure appropriate due diligence and investigation has been to continue to operate and to enable growth with additional completed.” aviation services and businesses.” Plans for the Scone Regional Airport are detailed in the The project will include upgrades to airside infrastructure Masterplan prepared by three consulting, which was adopted including runway, taxiways, aprons and lighting, and the by Council in June 2016. Further upgrade plans with detailed construction of a Scone Aviation Visitor Attraction, which has infrastructure layout will be released shortly. RFS aircraft at Scone Airport 86 Darby Street, Newcastle NSW 2300 P +61 2 4915 9950 F +61 2 4915 9951 E [email protected] www.keystonelawyers.com.au NOVEMBER 2018 | 5 HBR business news New gourmet airport dining Council supports the future of Nelson Bay Newcastle Airport has unveiled a new dining outlet, Valley On 25 September Port Stephens Council adopted a new town & Vine, committed to supporting local produce and suppliers centre and foreshore implementation plan, after an amendment of the Hunter region. Valley & Vine (formerly Epicure Kitchen was moved by Cr Nell. Café) strengthens the Airport’s commitment to showcasing Cr Nell’s amendment, which was based on five storeys in the and supporting the incredible food, beverages and tourism core of the town centre and eight storeys along the edges of the experiences from across the local region. centre which was supported five votes to four. The revitalised restaurant uses a large range of locally sourced Newly elected Deputy Mayor of Port Stephens Councillor Sarah products with an extensive menu of gourmet meals made-to- Smith says now is the time to move Nelson Bay forward: order in the open-plan kitchen by experienced head chef Shaun “Many of us have been talking about the future of Nelson Bay O’Connor.