Newspaper article The Northern Star (Lismore, Australia)

Driving Lower Fuel, Emissions; Lismore Company a Green Revolutionary

Newspaper article The Northern Star (Lismore, Australia)

Driving Lower Fuel, Emissions; Lismore Company a Green Revolutionary

Article excerpt

Byline: Samantha Elley Reporter

DESPITE a rocky recent history, Lismore-based company Permo-Drive has been vindicated somewhat after a shaky few years by winning the NSW Enterprise Workshop Award for Best Operations Plan and the Exceptional Enterprise Award.

The company has developed a regenerative drive system to be used in large commercial trucks and buses to help reduce fuel consumption, carbon di-oxide emissions and wear and tear on brakes.

a(The award) shows that we are on the right track,a chairman Trevor Dunn said.

aWhen you look at all the positives to (the Permo-Drive system), it reduces the cost of fuel by 30%, wear on brakes by 80% and carbon emissions by 30%.a

After nearly going into voluntary receivership in 2008, the company was saved by an injection of funds by OFS Sales Pty Ltd, formed by Mr Dunn and businessman Tony Hart.

aWe realised we needed a business plan that reflected new business trends whilst promoting Permo-Drive's great product in order to maintain momentum and we were advised that the Enterprise Workshop was the best place to get assistance,a Mr Dunn said. …

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