Jamie Wade
The overwhelming majority of industrial suppliers and service providers are upbeat about their outlook for the major projects economy, according to the latest Projectory Quarterly Survey of Business Expectations.
Action Industrial Catering and MIB Catering have been awarded a $40m contract for facilities management and associated services works at Fortescue Metals Group's (FMG) camp and villages at its Solomon operation.
Manufacturers in the industrial supply and service community servicing major projects were best performers in the September quarter while distributors struggled.
The overwhelming majority of suppliers and service providers to major projects in Australia are steady or busy with work, but the number of those desperate for work has quadrupled in the last six months.
A lackluster end to 2013 has given way to a strong start to the New Year for suppliers and service providers to major industrial projects in Australia and the outlook for the June quarter is bright.
Safety equipment, maintenance services and contract mining services will be in highest demand among end users in mining in the next 12 months, according to a recent survey.
Price undercutting from competitors, poor staff communication, discounting and a lack of strategic planning are the biggest challenges facing suppliers and service providers to the resources and construction sectors.
The short-term business outlook from suppliers and service providers to the resources, construction and infrastructure sectors in Australia is flat, but confidence is re-emerging.
Key contacts from a major Australian EPC contracting firm have updated Perth suppliers about its current projects, business structure and procurement arrangements.
A Perth transport and logistics company has won a major 10-year contract to manage a major mining company's freight needs in WA, and is spending $70m expanding its warehousing operations in WA.
