Australian Mining & Engineering Sector Start To See Certain Labour Shortages
LCC Asia Pacific's weekly Engineering & Mining Services report - Edition 404 - has been released
By: LCC Asia Pacific
SYDNEY - May 24, 2021 - PRLog -- Welders are in hot demand. Boutique Investment Banking & Strategy Consulting Firm LCC Asia Pacific today released its latest weekly market update covering the Australian Engineering, Mining Services and Services Technology Sector. This week's release is Edition 404.
Of particular note in the Engineering, Contracting & Services Sector, Nicholas Assef, LCC's Principal & Founder, noted :
"The last week has seen continued good performance by many players in the sector, and new awards of packages of work. Against that, however, we are hearing an increasing level of human resource constraint around such areas as boilermakers on both Australia's west and east coast's. This likely as a result of the improvement in other areas of commercial opportunity including the defence sector.
Also of note, CIMIC Group completed a large Eurobond offering successfully, and engineering services player Decmil Group increased its Board of Directors with 2 additional appointments. Finally Austin Engineering has seen a change at the top, with highly experienced executive David Singleton taking on the role of interim CEO."
For more detail on the movements in the Engineering, Contracting & Services Sector a copy of the report can be downloaded from either www.lccasiapacific.com or via the following link : https://www.slideshare.net/
About LCC Asia Pacific
LCC Asia Pacific is a boutique investment banking firm that provides strategic advice to its clients on growth initiatives – both through acquisition and via organic means. LCC has full service offices in Sydney and Brisbane, with a representative office in New York which reflects the Firm's commitment to international cross border mergers & acquisitions strategies.
LCC specialises in a number of key sectors, including Industrial & Technology Services, Engineering & Contracting, Renewables, Resources & Heavy Industrials. Research & Market Update Reports are provided regularly across a number of these Sectors, including being distributed via global platforms including Reuters, Bloomberg & Standard & Poors. LCC Asia Pacific has a long history of working successfully on both Australian and Cross Border assignments with corporates, financial sponsors and public sector organisations.
To learn more on LCC Asia Pacific please visit www.lccasiapacific.com