Adelaide firm McMahon Services is growing rapidly and is on track to turn over more than $130 million
The Adelaide Advertiser featured McMahon Services in February 2011 as a business going against trend and growing whilst many others are treading water.
Not only has the business invested in a $3 million state-of-the-art Ultra High Reach Demolition Excavator brought all the way from the USA, it is also on track to turn over more than $130 million in the 2010 / 2011 financial year.
Managing Director David McMahon said interstate growth has helped to boost company revenue.
The investment in the excavator – capable of demolishing buildings up to 12 storeys high – was essential for developing new business opportunities, particularly in the mining industry. It can be used for a variety of demolition projects, from concrete high-rise buildings to steel structures and power stations. The excavator is also more cost and time efficient, reducing the need for manual demolition in many cases.
Mr McMahon said a key factor to the business’ success was its high staff retention. McMahon Services is committed to fostering home-grown talent and it makes significant investments in trainees and apprentices.
