MIPEC celebrates 10 years, looks to consolidate
FROM a business that started in a small shed in Morgan St, MIPEC has grown to include a diverse range of capabilities from facilities and asset maintenance to marine services.
This year signifies 10 years of successful operation for the Gladstone company with a number of growth areas, but like most businesses in town, consolidation is also part of the plan.
A new company logo, a new corporate head office at the iconic "old post office" building on Goondoon St and the principal sponsor of this year's Gladstone Engineering Alliance Major Industry Conference have been significant milestones for the company.
MIPEC CFO Ken Brundell said the company had had very little staff turnover in 10 years.
"We consider ourselves an employer of choice," he said.
"Our strong tradition of caring for our staff and families has meant that we still have some of our original staff members working for us in management and supervision-type roles today."
He said the staff culture was one of innovation and "getting the job done", which had allowed the company to not only grow its client portfolio but to forge long-term relationships with existing clients.
MIPEC business development manager Chris Dunphy said the company had grown 300% a year.
"We've seen significant growth but we do have to pull back and consolidate," he said.
"We are restructuring the company to better align ourselves for the next 10 years."
MIPEC's future plans include further geographic expansion of its service delivery both regionally and nationally.
Mr Dunphy said the subtle changes would ensure MIPEC continued on its journey to becoming the preferred supplier of its services both regionally and ultimately nationally.
- Energy (Oil, Coal and Gas)
- Port Operations
- Ship Building and Repair
- Food Processing
- Transport and Logistics