Roy Hill boon for Good­line

Pilbara News - - Pilbara News - Pe­ter Wil­liams

■ While other con­trac­tors have come un­stuck at Roy Hill, the Pil­bara iron ore project has been good to pri­vate op­er­a­tor Good­line.

NRW Hold­ings, Laing O’Rourke and other sub-con­trac­tors have been em­broiled in pay­ment dis­putes with project man­ager Sam­sung C&T, but Good­line has worked on four Roy Hill jobs with­out drama.

The Queens­land-based com­pany was al­ready in­volved in the project when called in to com­plete port fa­cil­i­ties ear­lier this year af­ter Laing O’Rourke left the site.

“We built a good re­la­tion­ship from day one, ” Good­line co-owner and man­ag­ing di­rec­tor John Kennedy said, adding his team had of­fered so­lu­tions to ac­cel­er­ate project work.

“Good man­age­ment, that’s the se­cret, ” Mr Kennedy said. “And on top of that, a good work­force.”

The con­struc­tion and main­te­nance ser­vices provider more than tripled its fis­cal 2015 profit to $25 mil­lion profit, a re­sult partly at­trib­ut­able to sys­tems prob­lems the year be­fore.

Rev­enue was up three per cent to $295 mil­lion. Mr Kennedy said about 75 per cent of that came from work in the Pil­bara.

Good­line has had a decade-long pres­ence in Port Hed­land, from where it has done work for BHP Bil­li­ton, Rio Tinto, Fortes­cue Met­als Group and the lo­cal gov­ern­ment. “We’ll be there for ever, ” Mr Kennedy said.

“We spent a for­tune on that Port Hed­land work­shop. It was a run­down dump when we got there.”

He said a tight­en­ing mar­ket for con­struc­tion work would likely lead to a softer fis­cal 2016.

How­ever, re­cur­ring main­te­nance work ac­counts for about half of Good­line’s rev­enue.

Mr Kennedy said other con­trac­tors more re­liant on con­struc­tion would be do­ing worse.

Good­line at work on the Roy Hill project.

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