THE dispatch of three large stainless steel tanks from DTD Engineering yesterday was proof the Thurgoona manufacturer is back in business.
The tanks, weighing 14, 12 and seven tonnes, were shipped to Melbourne client in the pulp and paper industry.
The tallest was 14 metres.
The company had the contract for the tanks when it was placed into voluntary administration nearly three months ago.
It and its 50-plus employees were rescued by former owners Tom Lappin and Dave Larkin and recently appointed Gary Cresswell and Paul Raethel as co-directors.
Project manager Cameron Hawke said the completion of the tank contract was a turning point for the company.
“Being in voluntary administration was one of the biggest problems doing this particular job,” he said.
“When the administrator was appointed, we had a lot of forward work, but a snag we hit was getting material in.
“But with the new owners in, enough work ahead of us, things are looking healthy again.”
DTD Engineering has separate orders for large-scale freezers for the meatworks and food industries.
Plate freezers are used to freeze flat products such as pastries, fish fillets, beef patties and irregular-shaped vegetables packaged in brick-shaped containers.
Food is firmly pressed between metal plates that are cooled to subfreezing temperatures by internally circulating refrigerants including ammonia.
DTD Engineering went into voluntary administration with debts of about $1 million.
The company had its beginnings in South Albury in 1980 before moving to Thurgoona.
It was sold to New Zealand interests in 2006 and had an annual turnover of about $10 million.
“We are still alive and kicking,” Mr Hawke said. “We still do big projects and we just want to remind people we can do those.”