Newspaper article The Daily Mercury (Mackay, Australia)

Move into Overseas Markets

Newspaper article The Daily Mercury (Mackay, Australia)

Move into Overseas Markets

Article excerpt

Byline: Luke Mortimer Luke.Mortimer@dailymercury.com.au

A PAGET business looking to expand internationally is working on being the first in Mackay to fully design, build and install dragline buckets.

Innovative Mining and Engineering Solutions will rebrand as MAINETEC on January 30, as it begins quoting in India and South America.

The company, which employs 60 workers, largely full-time, has been diversifying and embarking on research and development projects to keep the profit flowing in.

Director Brett Hampson said reduced mining sector activity and a general slowing of the economy meant it had been a tough slog in 2016.

But he's confident the company's diversification efforts will enable his tight-knit team to forge a successful 2017, not overly reliant on mining dollars.

"The view around the rebrand is that when we originally came up with the name Innovative Mining and Engineering Solutions, the business was about exactly that, purely targeted around the mining area," he said. …

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