WestStar Industrial Limited (ASX:WSI) business Precast Australia has recently won more than $1.2 million of new work including a $550,000 contract for construction of an early childhood learning centre in Perth, Western Australia.
This is the second early childhood centre to be built with construction company RHG in what is planned to be a long-standing partnership.
In addition to winning the contract to supply precast concrete to RHG, Precast Australia and WestStar’s other business SIMPEC packaged their unique skillsets together to win a further contract for SIMPEC to supply and install structural steel on the same job.
This synergistic offering of both precast concrete and structural steel works in recent tenders has allowed the WSI Group to diversify and extract further value from Precast Australia’s contracts rather than only the precast concrete component,” the company said.
RHG is a national provider of complete building, management and construction services.
Further awards from new clients including Shelford Construction, Rottnest Island Authority and York Rizzani JV demonstrate increasing tendering traction while adding a combined total of more than $1.2 million of new contract works to the Precast Australia order book.
Shares in WSI were trading at 1.7c on Wednesday.