Alltype managing director Kelvin Andrijich two week ago said supply chain disruptions both overseas and interstate to multiple industries had given the company new opportunities for the Australian company.
“Recent supply chain disruption to overseas and interstate fabrication options has increased the market opportunity of the business, resulting in significantly increased levels of tendering for committed major project works, new clients domestically and internationally, with notable consumption of industry capacity,” he said.
“(WestStar Industrial subsidiary) Alltype (Engineering) has been delivering accelerated fabricated steel, plate and piping products and equipment to enable major resource and infrastructure projects to maintain progress and momentum on site.
“Once this alternative supply chain process was proven successful, it has resulted in multiple repeat orders and future supply opportunities. Our site teams continue to assist with critical infrastructure works on both planned and reactive basis to our client’s needs.”
Good news will start to flow now budgets have been set and tendering due diligence finalised. I expect these things will take a couple of months, so second quarter I anticipate the news flow.
WSI Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
