It was a flurry of excitement at Modular Wall Systems™ last week as Honourable Scott Morrison MP, Treasurer of the Commonwealth of Australia, returned to our factory to host a press conference about Australian jobs and business growth.
The Modular Wall Systems™ story is one of continued success and our CEO, Nick Holden, was proud to tell his story to the media. The media contingency included television crews from Channel Nine, SBS, SKY News, and a reporter from 2GB radio. The media were interested in learning about how the Modular Wall Systems™ business began in 2004 and has since steadily grown at double digit pace. As the business increases its residential market share and explores new commercial and infrastructure markets, business growth at Modular Wall Systems™ is set to surge in 2016. In the last 12 months, Modular Walls Systems™ has doubled its staff and is on track to reach a turnover of $10 million.
The construction of our new factory and offices in Kurnell is taking shape. Once operational, it will be four times more productive with increased manufacturing capabilities and new products launching. We anticipate the business to more than double its staff within the next two years and look forward to helping grow the local economy. It was a pleasure to welcome Scott Morrison back to our factory and we thank him for giving us the opportunity to appear on prime time TV.