[COM] Re: #ONH: Hills House | 60m | 15lvls | Office
Posted: Wed Aug 20, 2008 1:08 pm
Does anyone have pics for this?
Adelaide's Premier Development and Construction Site
https://mail.sensational-adelaide.com/forum/
https://mail.sensational-adelaide.com/forum/viewtopic.php?t=1870
Check the previous pages.joshzxzx wrote:Does anyone have pics for this?
they may have had a covenant or clause or something regarding pre-commits and being able to get out of the deal...omada wrote:Would Hills have grounds for legal action against the Goodman Group?
Or maybe they paid Hills an amount of money to remove the Goodman Group from it's contractual obligations?
Excellent! That end of the city needs this bldg.Xaragmata wrote:Hills MD Graham Twartz is expecting to "lock in" a partner for the new HQ within a fortnight, according to
The Advertiser, today P37 - "Hills hoists plans for green, smart future".
Absolutely agree. Better at 20 floors - but 15 is good - sure lets you know you are in the CBD with the wall caused by being next to Optus as well as 400KWS wall on the other side.Professor wrote:I would prefer it to gain 10 floors and stand out, as well as breaking the nexus between the tall bit in the centre and the diminishing heights along KWS. The Edge etc will provide enough bulk at the 10-12 level height.
Would be a pity if some half-baked 8 story thing ended up there.
CHRISTOPHER RUSSELL, BUSINESS EDITOR
September 08, 2008 11:30pm
HILLS Industries will target green and smart sectors as it aims to extend its run of record profits.
Two months into the job as managing director, Graham Twartz already has acquisitions on the radar which will continue the transformation of the company into a diversified giant which now has annual revenue in excess of $1 billion.
He also expects within a fortnight to lock in a partner for the multimillion-dollar development of the new Hills headquarters at the southern end of King William St.
On the acquisitions, he said ``there's three or four we're looking at, all in electronics''.
Each potential target is privately owned and operates nationally. They included hardware and software producers.
"They wouldn't be new businesses for us, they'd fit into what we've got, broaden the product range,'' he said.
He also sees great potential in environmental products. "The eco business can be substantial for us,'' he said.
Hills aims to expand its range of solar hot water systems and is working on grey water products to complement its water tank business.
Hills owns half of fibre-optic cable installer OptiComm and Mr Twartz sees demand growing for high-speed internet from both residential developments and business parks.
Hills is working with builders to offer package deals which could include the fibre-optic cabling, plus a security system, solar hot-water systems, rainwater tanks and a central controller for all these systems - as well as a Hills clothesline.
Mr Twartz has already been at the forefront of changes at Hills, where he has worked for the past 15 years under predecessor David Simmons.
"We've had 16 years of record profits and those were the 16 years David Simmons was in charge,'' he said.
"David and I worked very closely during that time and it's fair to say we re-invented the company.''
Mr Twartz sees a lot more growth in security with businesses increasingly regarding this as a priority and technology improvements meaning companies upgrade every five to eight years.
Hills has recently completed installing a new audio system in New Zealand's Parliament House, adding to other significant works such as the Adelaide Airport sound system and the lighting in ANZ stadium in Sydney.
On the demise of mass manufacturing he says: "It's a sad thing when you see what used to be but the competitive forces from China really gave us no alternative''.
He feels manufacturing labour cuts have run their course with Hills.
This was because the products were either too bulky to ship vast distances, such as rainwater tanks, or were produced in quantities too small to fit the Chinese model or were made in rapid response to market or client demand.
He sees research and design as a key component of Hills' work. ``We're reasonably indifferent about where we make things, but the competitive advantage is about the design and the features that you build,'' he said.
"We'll design in Australia where possible but the market is such that everyone's got access to a Chinese supplier.''
Graham Twartz will address the Australia-Israel Chamber of Commerce on Thursday at the Hyatt Regency on the topic "More than the Hoist''.
GRAHAM TWARTZ
* AGE: 51, born Saddleworth in Mid-North.
* CAREER HIGHLIGHTS: Has been 15 years with Hills, formerly finance director. Worked in wine industry and for Deloittes, including a posting to New York.
* EDUCATION: BA (major in Australian politics) University of Adelaide; Grad Dip Accounting, Flinders.
* SCHOOL: Saddleworth Primary, Riverton High.
* PERSONAL: Married to Marise, three children aged 21, 18, 14.
HILLS INDUSTRIES
* WORKFORCE: About 3000 people plus about 600 contractors.
* PROFIT: In 2007-08 the company made an $87 million pre-tax profit on sales of $1.2 billion.
* DIVISIONS: Building and industrial division ($35 million pre-tax profit on sales of $643 million). Home, hardware and eco ($14 million on $228 million sales). Electronic security and entertainment ($38 million on $312 million sales).
great news about the building! also fantastic to see Hills on the company acquisition trail...Ben wrote:He also expects within a fortnight to lock in a partner for the multimillion-dollar development of the new Hills headquarters at the southern end of King William St.