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Wednesday, September 26, 2012
STAR OF THE NORTH
New support for Bowmans ownership of Australia’s largest inland container terminal business, Patrick PortLink (SA) Pty Ltd, has been restructured and rebranded Bowmans Intermodal, with Australia Milling Group (AMG) and Toll Holdings Limited joining founding investors Balco, Australia’s leading hay processor and exporter. The intermodal rail business, located at Bowmans, west of Balaklava, was formed in 2003. Balco’s managing director,
NEW era at Bowmans Intermodal for (from left) acting general manager Matthew Williams, logistics manager Darren Scholz and Balco managing director, Malcolm May.
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Malcolm May, said the new name reflected the change of ownership. The restructuring was simply another step in the evolution of the business, one which will be integral to future exports from South Australia. “We believe this business has an extremely bright future particularly as containerised exports increase through value-added businesses in our region,” said Mr. May. “While the business is now operating near full capacity, the restructure will also allow us to fund additional infrastructure. Eventually we may see trains
from Melbourne or Perth pulling directly into the private siding at Bowmans.” AMG is owned by Canadian based Alliance Grain Traders, whose president and chief executive officer Mr Murad Al-Katib is pleased with the outcome. “We have invested heavily in a pulses storage and handling facility at Bowmans and the new ownership structure will shore up our logistics supply chain from both a reliability and cost perspective,” said Mr. Al Katib. n Continued Page 17
MAKING HAY!
Pages
SPECIAL FEATURE
STARTS PAGE 13
Grain: No quick fix Committee finds national reform must lead industry deregulation Les Pearson reports:
Family fun at the show
n IT WAS fun at a fast pace for the Pratt familly – Andrew, Tracy and Zara – as they rode the Cha Cha at Balaklava Show on Saturday, joining another crowd of locals kicking off the school holidays with a day packed with family entertainment. n There’s more pictures and report on pages 2, 3 and 4 PLUS all the results on Page 20
PICTURE: Lisa Redpath
NATIONAL reform of the grain industry is needed before it can be effectively deregulated, according to a Select Committee report into the grain handling industry. The committee handed down its final report last week, declaring the Australian grains industry was not in a position to receive any great benefit from the next step towards deregulation, currently before the Federal government. Committee chair and independent Member for Frome, Geoff Brock, said the whole industry needed reform before it should be deregulated. “The reforms to date only impose a deregulated market on top of an industry Geoff Brock that has practices and infrastructure that were developed under a heavily regulated regime which has not adjusted to the changed circumstances,” he said. n Continued Page 16
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