“We continue to expand our operations and now service the fuel industry up and down the east coast of Australia,” Bob explains. “Four years ago, we got into the rail industry and rail maintenance - that is now the strongest growing arm of our business.”
Bob says rail represents about 35 per cent of the total business turnover, with steel representing another 30 per cent.
According to ANZ Regional Executive for North Queensland Lisa Hewitt, although only 5.3 per cent of the Australian population live in the northern regions it creates 11 per cent of Australia's gross domestic product.
“We haven't fully tapped into that resource yet. We see businesses like Wulguru having a really prosperous future ahead of them,” she says.
When thinking about northern Queensland, people commonly consider agriculture and mining, but those industries are actually driven by the manufacturing and industrial sector which feed off those industries.
Wulguru is a great example of that. The group has a steelworks which maintains the rolling stock and steel projects that service the mining and agricultural companies across the top end.
According to Bob, “If you're not continuing to grow, your business will be dying. And we've got some fairly aggressive growth plans.”