Coast exporters crack Shanghai

Written on the 8 June 2010

With Australian product well accepted for its quality, innovation and manufacturing expertise, leading Gold Coast marine companies are among those seeking opportunities in China.

Marine Tech Industries sales manager David Goldsack, says many marine companies use cheap manufacturing in China, but the Chinese government has recently initiated a serious push for the nation to establish its own local boating industry.

“There is a large amount of opportunity for Marine Tech Industries to sell product into the Chinese market,” says Goldsack.

“It’s not the first market that people think of, but it’s a market that’s being rapidly developed at the moment. There is a huge amount of dollars being poured into boating in China and a number of companies are setting up in China to build for the Chinese – it will become a huge industry.”

Marine Tech Industries manufactures and distributes marine pedestal systems and luxury seating from its Molendinar factory and exports products to distributors in Dubai, the Netherlands and the UK.

Products are also shipped into China, including OEM parts for Clipper Motor Yachts – a Brisbane luxury boat builder whose vessels are assembled in China.

Chinese boat-builders and retailers experienced first-hand what the highly-acclaimed Gold Coast marine sector has to offer at last month’s China International Boat Show (CIBS).

Riviera, Marine Tech Industries, Aqualuma, Superior Jetties and the Sanctuary Cove Boat Show were among the Australian companies representing the nation’s marine industry at the Shanghai event.

“The China International Boat Show was a great chance to establish relationships with builders up there and we’re very pleased with the outcomes,” says Goldsack.

“We’re already sourcing product from China in some cases, doing the assembly here and then exporting back into that market. It looks like we may have secured another manufacturer to supply there but it’s still in the early stages.

“It was largely about finding out what the builders’ requirements are and how we can best fulfil those requirements.”

While insisting the Gold Coast marine sector not underestimate the potential of the Chinese export market, Goldsack says the manufacturing of Marine Tech Industries products will remain in Australia for quality assurance.


Latest News

ACCC GIVES GO-AHEAD FOR NEWS CORP TO BUY ARM

NEWS Corporation (ASX: NWS) has been given the green light to acquire Australian Regional Media (ARM) from APN New...

ENTREPRENEUR'S NEW VENTURE SWEET AS 'HONEE'

A MELBOURNE entrepreneur hailing from the food tech scene has launched a new venture to change the face of beauty....

WATER VENTURE TAKES ON THE PLASTIC SCOURGE

DAMIEN Stone has a thirst to build the world's biggest social enterprise in a clean fight against the plastic ...

BUNNINGS BOSS JOHN GILLAM QUITS WESFARMERS

THE man behind Bunnings' home improvement domination has resigned from his role in charge of the retailer.

...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter