Fulton Hogan
From Wikipedia, the free encyclopedia
| Fulton Hogan | |
|---|---|
 |
|
| Type | Private |
| Founded | Dunedin, New Zealand (1933)[1] |
| Founder | Julius Fulton Robert Hogan |
| Headquarters | Christchurch, New Zealand Parkville, Victoria, Australia |
| Area served | New Zealand Australia Pacific Islands |
| Key people | David J Faulkner, Managing Director Edwin G Johnson, Chairman |
| Industry | Civil engineering, construction |
| Products | Asphalt Precast Concrete |
| Services | Road and pavement construction Building construction Water infrastructure Transport infrastructure Project Management |
| Revenue | $1.61 billion (2007)[2] |
| Operating income | $92.93 million (2007)[2] |
| Owner | Shell New Zealand (36.6%)[3] Family trusts[3] |
| Employees | 4,500+ in New Zealand 1,000+ in Australia |
| Website | www.fultonhogan.com |
Fulton Hogan is a large infrastructure construction, roadworks and aggregate supplier company in New Zealand, which is also active in wider Australasia.
The company was founded by Julius Fulton and Robert Hogan in Dunedin in 1933.[4] In 2007 the company reported an annual operating profit of NZ$92.93 million, from revenue of $1.61 billion,[2] and employed over 4,800 people.[1] This is up from 3,400 staff and a net profit of over $55 million on revenue of $891 million in 2005.[5]
The company is privately held, with Shell New Zealand holding a 36.6% stake in 2007.[5][3]
[edit] History
After the motor vehicle gained increasing prominence in the 1920s, political and popular pressure grew to create a system of New Zealand State Highways. The newly formed Fulton Hogan would be one of the companies growing from and building this system in the following decades, at first mainly in the South Island.
It was created by Julius Fulton, an assistant surveyor, and Robert Hogan, a mechanic, who had both been employees of the Neuchatel Asphalte Company in near East Taieri in the late 1920s. After losing their jobs, they formed their own company during the Depression, with Hogan organising machinery, often bought or loaned from the Public Works Department, and Fulton overseeing the works.
While World War II slowed their expansion, the years after the war found large growth in roadworks and also in the building of the Comalco Aluminium Smelter and Roxburgh Hydro plant. These days, the company's operations stretch through all of New Zealand and much of Australasia, covering such tasks as residential driveways to dams and airport runways.[6]
[edit] References
- ^ a b Corporate Profile. Fulton Hogan (2007). Retrieved on 2008-05-14.
- ^ a b c Annual Report. Fulton Hogan (2007). Retrieved on 2008-05-14.
- ^ a b c New Zealand Companies Register. Retrieved on 2008-05-14.
- ^ Fulton Hogan a trans-tasman tour de force (partial article from findarticles.com, December 2002)[dead link]
- ^ a b Fulton Hogan buys Taranaki roading firm - New Zealand Herald, Tuesday 6 June 2006
- ^ Development of New Zealand (PDF) (from Business NZ, an industry advocacy group, with excerpts from The Fulton Hogan Story - Tyrell, A.R. 1992)
[edit] External links
- Fulton Hogan (official website)
