Toowoomba contracts slim for Wagners
WAGNERS is experiencing one of its strongest starts to any year - but Toowoomba is not part of that early success.
Chairman Denis Wagner said the construction materials business had its hands full in 2018 with several contracts and jobs in Brisbane and the Northern Territory.
However, Mr Wagner said Wagners’ activity in Toowoomba was slower than normal.
“It’ll be the strongest start to the year that we’ve had for many years,” he said.
“Most of our work at moment is in the NT and in Brisbane, which is concrete, transport and contract crushing.
“We have a lot of haulage work in north-west Queensland and in the Northern Territory.
“Our cement and concrete business is quite busy in Brisbane and we’re growing.
“There’s not a lot in Toowoomba but hopefully that will change - we do have a contract with the Toowoomba Second Range Crossing.”
Mr Wagner said product from the company’s composite fibre technology plant, which was a major selling point for investors over its rivals such as Adelaide Brighton and Boral, could reach the overseas markets within six months.
“We expect there will be some significant inroads into the international market over the next six months for the composite fibre technology,” he said.
“We’ve got people on the ground in the US, New Zealand and the UK and we’re getting a lot of enquiries.
“Hopefully it will come to fruition within six months,” he added.
The positive start follows the business’ successful float on the Australian Stock Exchange on December 8.
❝ There’s not a lot in Toowoomba but hopefully that will change.
— Denis Wagner