Fulton Hogan

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Fulton Hogan
Type Unlisted public
Industry Civil engineering, construction
Founded Dunedin, New Zealand (1933)[1]
Founder(s) Julius Fulton
Robert Hogan
Headquarters Christchurch, New Zealand
Parkville, Victoria, Australia
Area served New Zealand
Australia
Pacific Islands
Key people Nick Miller, Managing Director
Edwin G Johnson, Chairman
Products Asphalt
Precast Concrete
Services Road and pavement construction
Building construction
Water infrastructure
Transport infrastructure
Project Management
Revenue $3.22 billion (2013)[2]
Operating income $96.5 million (2013)[3]
Owner(s) Royal Dutch Shell P.L.C (10.1%)[4]
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.[5] In 2013 the company reported an annual operating profit of NZ$96.5 million, from revenue of $3.22 billion,[6] and employed over 5,500 people.[1] This is up from 3,400 staff and a net profit of over $55 million on revenue of $891 million in 2005.[7]

The company is an unlisted public company, with Shell New Zealand holding a 10.1% stake in 2013.[8]

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.[9]

On 30 July 2011, Fulton Hogan chief executive Bill Perry died of meningococcal disease. The Strain of meningococcal (Strain C) is particularly rare and deadly.[10]

References

External links

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