Monday, 23 May 2011

Penrith. Dick Smith relocates

The Penrith-based Dick Smith Foods, managed by The Green Group for the past five years, will relocate to Belrose after Mr Smith said he would take control of his company again. “For 10 years I haven’t run Dick Smith Foods … the only reason for moving it is because I decided to get back, to put in the hard work and invest another $1 million and work in the business full time,” he said. The Green Group joint MD, Nelson Green, said the shift would not be detrimental to the business and no redundancies were completed.“There wasn’t any manufacturing done here for Dick Smith Foods, it was the management of the brand ... in other words managing his licences,” Mr Green said. “Dick has decided that he wants to reinvigorate (the business) and take control of it back to near where he operates near Terrey Hills.”.


Parramatta. Increase in insolvency work

Schon Condon, managing principal, of Condon Associates, in Parramatta, told The Australian Financial Review that the increase in insolvency work began in November and gained greater momentum after Christmas. Work is coming from the development, building, construction, retail, retail services and hospitality sectors. “The increase in activity has not only been with the pure insolvency side but with the forensic aspects as well,” he told the newspaper. If demand escalated, Mr Condon intended to recruit one or two graduates and use contractors to fill specific trade roles.


Camden. Homes with Japanese features

Japanese home builder Sekisui House, which acquired AVJennings Contract Homes for $18.5 million last August, has two pilot homes under construction, in Camden, which will be used to gauge public feedback and to “iron out any glitches”. “The homes are very strongly influenced by Japanese design features,” said Sekisui House Construction Australia, executive GM, Alan Soutar, in The Australian Financial Review.