Tag Archives: Foundries

Esco —‘just the global hardball player we always were’, sorry staff….

Esco Dunedin was among a group of neighbouring businesses objecting to Russell Lund’s plans to redevelop the 142 year old Loan and Mercantile building, citing reverse sensitivity concerns, including over noise. The outcome of Environment Court mediation talks was yet to be revealed, but Mr Kershaw said the issue played no part in the company’s decision. (ODT)

### ODT Online Wed, 2 Sep 2015
Foundry closure ‘a blow’
By Chris Morris
Australia’s mining downturn is set to deliver a “real blow” to Dunedin’s economy with the closure of the Esco foundry and the loss of dozens of jobs. Staff at Esco Dunedin were told yesterday the foundry would close by the end of the year, with the loss of 34 jobs. Esco products division president Jeff Kershaw, of Portland, in the United States, said in a statement the decision reflected a downturn in Australia’s mining industry that showed no sign of letting up.
Read more

TWO THINGS

█ Remember when Esco pushed this button (highlighted) at the NZ Loan and Mercantile Building resource consent hearing:

ODT Online 20.8.14 'Demolition threatened; job loss possibility raised' [screenshot] 1
ODT Online [screenshot]

█ From file records, see Russell Lund’s percipient closing to hearing:

[para] 102. The biggest hurdle would seem to be the decline of the Australian coal mining industry. I refer to a Guardian article May 5, 2014 Australian Coalmining entering structural decline.

116. Esco have a large foundry operation in China. They employ 675 people in China.

117. I am very sure the production costs of Esco’s Chinese foundries are markedly less than in Dunedin, Portland or anywhere else. That is the ticking clock for the Dunedin foundry, and other Esco foundries.

118. The bottom line is that Esco will operate this small Dunedin foundry only as long as it serves their shareholders’ interests. If the market conditions dictate that consolidation is required and it is surplus to requirements, then they will act swiftly, as they did in Brisbane.

LUC-2014-259 RV Lund Applicant Right of Reply 22.9.14
(PDF, 6 MB)

Related Posts and Comments:
6.8.15 NZ Loan and Mercantile Building —meeting tomorrow
13.3.15 Making heritage work | Dunedin New Zealand
7.1.15 Industrial Heritage Save: Cowes Hammerhead crane
28.11.14 NZ Loan and Mercantile Building —Resource Consent granted
26.11.14 Retraction (see comment on ‘Heritage Counts’)
● 26.9.14 NZ Loan and Mercantile Building —what ESCO said!
30.8.14 NZ Loan and Mercantile Building: Looking round at potential
18.8.14 NZ Loan and Mercantile Building #randomsmartphonepix (interiors)
17.8.14 Public Notices: NZ Loan and Mercantile Building… (site tour, hearing)
13.8.14 Chamber’s Own Goals —Heritage (letters)
11.8.14 NZ Loan and Mercantile Building (audio)
8.8.14 NZ Loan and Mercantile Agency Co Ltd Building…
18.3.14 Dunedin Harbourside: English Heritage on portside development
21.10.13 Harbourside: Access to a revamped Steamer Basin has public backing
16.3.10 Public meeting: planning the future of Dunedin heritage buildings
24.10.09 Rodney Wilson: Dunedin as national heritage city

█ For more, enter the terms *loan and mercantile*, *heritage*, *bradken* or *harbourside* in the search box at right.

Posted by Elizabeth Kerr

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Filed under Architecture, Business, Construction, DCC, Democracy, Design, Economics, Geography, Heritage, Media, Name, New Zealand, People, Politics, Project management, Property, Site, Town planning, Urban design

Bradken keen to sell Tewsley Street premises

### dunedintv.co.nz November 17, 2014 – 6:25pm
Bradken’s move to Hillside Workshops foundry delayed
It’s been two years since Bradken announced it would move its Dunedin operations to the Hillside Workshops foundry. But the global company seems unable to sell its long-time premises in Tewsley Street. Bradken signed a five-year agreement with KiwiRail to lease the Hillside foundry. It planned to move its entire operation to the site, and expand capacity. Some workers have moved to Hillside, and the foundry’s been marked with the Bradken logo. But the company’s Tewsley Street premises remain open and on the market. Bradken’s been in Tewsley Street for almost 50 years.
Ch39 Link

Bradken (Derek Smith - waterfront 28) 2Bradken Resources Pty Ltd, Mason St frontage (detail) | Derek Smith 2003

ODT articles:
25.1.13 Bradken tight-lipped over Hillside move
22.5.13 Bradken on the move
8.6.13 Bradken’s foundry site likely to be divided
5.7.13 Final day at Hillside
7.8.13 4-day week as Kiwi Rail tender lost
8.8.13 Otago unemployment up 37% on year ago
14.8.13 Bradken earnings down at $A183.6m
21.12.13 Rally helps keep Hillside hopes alive
29.12.13 Bradken staff back on five-day week

Bradken Resources Pty Ltd - 2 Tewsley St [DCC Webmap]DCC Webmap – Bradken, 2 Tewsley Street, Harbourside [click to enlarge]

### dunedntv.co.nz November 14, 2014 – 7:02pm
Nightly interview: Des Adamson
Des Adamson, DCC [Ch39 screenshot] 1There’s been good and bad news for the Dunedin business sector recently, with the closure of some operations and expansion of others. Des Adamson is the manager of economic development at Enterprise Dunedin, and he’s here to tell us about the state of business in the city. Video

Posted by Elizabeth Kerr

*In 2003 photographer Derek Smith generously shared two DVDs of Dunedin images he had made, for my use in heritage advocacy. These include industrial and commercial subjects.

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Filed under Architecture, Business, Economics, Enterprise Dunedin, Heritage, Inspiration, Media, Name, New Zealand, Politics, Project management, Property, Site