Ledge Stories

Equipment Placement – The road to success All successful businesses start somewhere and for Equipment Placement this somewhere was in Perth, Western Australia in 2002. Bondi brothers, Brian and John established the business with a focus on supplying the mining industry with used components for mobile plants of all descriptions. In 2002, they were awarded a number of exclusive distribution rights for niche market products which allowed them to enter areas of the mining industry that were not accessible with their previous product offering. Over the next few years, Equipment Placement continued to grow, increasing their range of products, soon...

Pedco Engineering’s “Game Changer” Thank you to Pedco Engineering for the invitation to attend the official unveiling of their new premises where we were lucky enough to see their new Accurpress 650t press brake in action – what an impressive machine it was! The new premises, at 118 Dowd Street in Welshpool, is located just a block away from their previous premises with a workshop facility that is twice the size, sitting on over 12000 sqm of land. For those who don’t know, Pedco Engineering is a steel forming and fabrication business which was originally established in 1987, and has...

If you are a contractor, you will often be required to provide a Surety Bond or Guarantee to your client/principal as security against your default or non-performance. So, what exactly are Bonds and Guarantees and how can they be arranged? Surety Bonds are a form of security issued by a Surety (an insurer or specialist bond provider) in favour of your client (Beneficiary/Principal) to guarantee that you (the Contractor) will meet the requirements of the contract. They are commonly known as Performance Bonds. A Surety Bond is much like a Bank Guarantee, both being unconditional and on demand. The difference...

Austrod Engineering Making the decision (some say ‘leap of faith’) to establish your own business and leave behind the relative safety of being an employee is not an easy one and not one that many have the courage to actually do. In early 2011, this is exactly what Tony & Debbie Borromei and Darryl & Michelle Morgan did when they established their engineering drilling services business Austrod Engineering in Henderson, Western Australia. They were daring and identified a gap in service to the market – going from strength to strength ever since due to their hard work, long hours and...