C O M P A N Y O V E R V I E W
Energyworks Limited
Energyworks Limited’s New
After securing new investment for future growth, Energyw that will expand the Company throughout Australia and N Written by: Laura Close Produced by: Wayne Masciotro
d:
w Strategic Plans
works has introduced new initiatives New Zealand.
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ENERGYWORKS LIMITED
Front view of headquarters New Plymouth, New Zealand
ENERGYWORKS LIMITED, A market leading provider of engineering solutions to the energy sector in New Zealand, secured new investment to the business in January 2014. As a new shareholder, Direct Capital is providing additional capital to support Energyworks’ growth initiatives. The investment was made alongside the existing 69
September 2014
owners, CEO Allen Clarke, and Executive Director Dallas Chadwick, both of whom who continue to be significant shareholders in the Company and continue to manage the business. The additional capital will enable Energyworks to continue its investment programme into new premises, additional people,
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new systems, and new capabilities which will support Energyworks’ ongoing growth. As to the future, Energyworks has identified a number of growth and strategic initiatives, which include 1) expanding into Australia and other geographies, 2) substantially increasing its paint and blast solutions for customers on the back of its recently commission and purpose built industrial coatings facility, 3) increasing the range of specialist engineering services that Energyworks provides, and 4) continuing investment in new systems and capabilities,
“We’ve been investing heavily for the last 2-3 years in integrating multiple management systems to optimize our efficiency,” said Ian McGrath, CSO Chief Specialist Officer (QHSE/HR).
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ENERGYWORKS LIMITED
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particularly around health, safety, Safety Management Practices (ACC and environmental performance. WSMP) certification to tertiary level. “Our continual improvement Growing the Company commitment does not just include To accomplish these three major meeting requirements for the goals for their new strategic plan, certification, but exceeding those Energyworks is focusing on the requirements and not just for the continual improvement of the clients who we work for, but to push company’s management system us beyond the local and industry certification. “We’ve been investing competition,” shared McGrath. “We heavily for the last 2-3 years in hope it will enable us to provide not integrating multiple management just an internal quality benchmark systems to optimize our efficiency,” for the company, but also external said Ian McGrath, CSO Chief recognition in terms of increasing Specialist Officer (QHSE/HR). our competitiveness and ability to They have several certifications influence the winning of tenders.” from the international certification recognition organisation, Bureau Moving to Australia Veritas, including ISO 9001 (Quality) As part of the strategic plan, and 4801 (Health & Safety). Energyworks is looking towards Energyworks is also in the process re-entering the market in Australia of adding ISO 14001, which relates and establishing a base in the to the environment. In the last 12 to country. Geographically, the 18 months, the company has also east side of Australia will provide increased their ACC Workplace the most opportunities for the
“We hope it will enable us to provide not just a quality benchmark for the company, but also an external benchmark in terms of increasing our competitiveness and ability to influence the winning of tenders.” w w w. e n e r g y w o r k s . n e t . n z
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ENERGYWORKS LIMITED company because of the strong Gas Transmission infrastructure and the Coal Seam Gas market. “The infrastructure there has been well established over a period of years and the anticipated need, which we are looking to provide, is the ongoing project contracts and on-going maintenance of those facilities,” commented McGrath. “As part of that process we are looking to appoint a general manager in Australia to formally set up and establish the business in Queensland That may include establishing our own infrastructure or an acquisition of an established small business operating in that environment. At the moment, all options are being considered.” Current and Future Projects Energyworks has just completed the workshop fabrication and site installation of five modules for Todd Energy on the Mangahewa C Development. Those new facilities are for gas supply to the existing Todd Energy production station. The project was started in November of 2013 and was completed in May 2014. A pipeline construction project in
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Auckland is Energyworks’ current project. It involves constructing 7.6 kilometres of 6-inch gas distribution for their client, Vector. The pipelines are being installed to support a dairy factory development project, which will create 120 local jobs. Due to the high quality of work the company completed on the Mangahewa C Development project; Energyworks has also been awarded the Mangahewa D, E, and F well-site development work. Energyworks also has a project in Australia with their client Jemena, for the construction of two scraper stations inland from Gladstone in Queensland. Energyworks is building the structural supports and pipework at their New Zealand facility, exporting it to Australia and installing it onsite for the client. Defining Qualities When asked what he thought defined Energyworks and set it apart from others in the industry, McGrath had several answers. “Our ability to manage and execute a wide-range of project and maintenance work for our clients is really distinguished by the quality, w w w. e n e r g y w o r k s . n e t . n z
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ENERGYWORKS LIMITED
ENERGYWORKS LIMITED
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skills and experience of our people. We like to solve our clients’ problems and provide them with solutions. Our success has been built on key relationships with a range of significant clients within the Energy Sector” Other important characteristics that Energyworks provides are world class facilities at their New Plymouth site, a quickly scalable work force and a niche expertise in pipeline construction. “Most important though, and something that we actively promote inside the business is that our company demonstrates an attitude, ambition and desire for excellence that drives continual improvement within the company,” said McGrath. “I think that is recognized by the clients we work with and that provides them with a huge amount of assurance in terms of our intent.”
Company Information INDUSTRY
Energy, Construction HEADQUARTERS
New Plymouth, New Zealand FOUNDED
1972 EMPLOYEES
200 REVENUE
$50 Million
“The infrastructure there has been well established over a period of years and the anticipated need, which we are looking to provide, is the ongoing maintenance of those facilities now that they’re established,” commented McGrath.
PRODUCTS/ SERVICES
Energyworks provides mechanical maintenance and project services to Dynea including stainless steal piping and mechanical work.
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Ian McGrath
Energyworks Limited 231 Connett Rd East Bell Block, New PlymouthTaranaki, New Zealand 4340 Tel. + 64 6 755 9236 Fax. + 64 6 755 0540 admin@energyworks.net.nz www.energyworks.net.nz