Page 12 - Australasian Paint & Panel Magazine Sep-Oct 2020

NEWS
12
PAINT&PANEL
SEPTEMBER / OCTOBER 2020
WWW.PAINTANDPANEL.COM.AU
BRIEFS
BELOW: Trevor Bailey
APG’S NEW SYDNEY FACILITY
AUTO PARTS GROUP (APG) HAS UPGRAD-
ed its Sydney warehouse to a massive state-of-the-art facility which has a 100% capacity increase over the previ- ous location and is designed for 24,000sqm of storage. It utilises the lat- est in warehouse management software to drive automation in parts locating and productivity. It will allow customers to have visibility of order placement, parts pick status and delivery ETA's.
Efficiency has been created in every touch point of the part's 'life' in the APG supply chain to enhance service to its
customers. The Smithfield location capi- talises on being close to the port, air- port, and several motorways. Its Green Star Approval is measurable action of APG working towards a near zero car- bon footprint. APG's facility reaffirms its long-term commitment and service level to the region's customers, through in- creased product capacity, faster supply, and reduced parts handling. APG’s man- aging director Stephen Campbell said: “ We would thank all our clients for mak- ing this transition possible.
Take a tour at: apg.com.au/news.
SUPPORTING RECYCLING
THE MORRISON GOVERNMENT INTRODUCED
landmark legislation that marks a new era in Australia’s management of waste, with over half a million tonnes of rub- bish being shipped overseas every year.
The Recycling and Waste Reduction Bill 2020 will lead to a major overhaul of Australia’s waste and recycling ca- pacity. The bill will improve the exist- ing framework for product stewardship by incentivising businesses to take re- sponsibility for the processes used in the production of products as well as consideration of what happens at the end of the product’s use. The legislation will ban the export of end-of-life tyres as well as waste plastic, paper and glass and has been agreed to by both levels of government earlier this year.
MTAQ Group Chief Executive Dr Brett Dale said, “This is an excellent oppor- tunity to remodel Australia’s waste management, protect our environment as well as create economic opportuni- ties for a circular economy with recy- cling at its core.
RIGHT: Trevor Bailey
SEMA AND AAPEX 2020,
SCHEDULED FOR NOVEMBER 3-5, 2020 IN LAS VEGAS HAS BEEN CANCELLED.
AAPEX provide a virtual experience with many of the show’s same elements presented digitally.
The virtual event will be held the week of 3 Nov, the same week as the originally planned event. More information: semashow.com
ECLIPX SELLS RIGHT 2 DRIVE
Vehicle fleet leasing company Eclipx Group has sold Right2Drive business for up to $26.5 million to Melbourne-based financier Growth Factor Group.
The deal comprises of a fixed consideration of $19.2 million, of which $4.2 million to be paid 18 months after completion. It also includes a contingent payment of up to $7.3 million payable at six-month intervals, based on pre-agreed collection rates on the Right2Drive debtor book.
Eclipx bought the company when it was just three years old in 2017 for $67 million.
MORE PEOPLE GETTING THE EDGE
We’ve had over 2500 downloads of our fortnightly podcast The Edge. The latest episodes include a chat with second generation repairer Paul Economidis from Gabba Collision Repair Centre in Brisbane and Live or die by your numbers. The latter includes information of how to plan for another lockdown, what to do when jobkeeper payments stop and how to avoid ‘working for free’. Visit: Paintandpanel.com.au/podcast