Invest Now For Better Times Ahead – Tipp Firm Advises
Birdhill-based quarry machinery distributor McHale Plant Sales has advised quarry owners to take advantage of the current situation within the market to gear their operations for the expected growth that lies ahead.
Predicting that the quarry sector is on the verge of full recovery following the flat growth of the past two years, its managing director Michael McHale cautions that the sector is ‘seriously under invested’ in terms of the machinery that it will require to service the demand for aggregates and other quarry products that growth will bring.
Noting that many quarry owners are operating ‘ageing fleets’ and placing their faith on machines that have ‘clocked up 20,000 hours and more’, McHale argues that “this will restrict their ability to meet market demand when the upturn comes, due to restricted throughput, higher maintenance and greater downtime risks”.
The company – whose products portfolio includes Komatsu and Metso – points to the various supports available to owners, including tailored finance plans at attractive interest rates and trade-in arrangements backed by a worldwide used sales network.
Pointing to the fact that machines used in quarrying have advanced significantly in terms of fuel use, reliability and productivity, those who take the leap and ‘replace old with new’ will be better able to respond to market demand and recover the outlays involved with a stronger bottom line, McHale said.
“As the construction sector lifts, so will demand for aggregates and other quarry products increase,” McHale said. “While demand continues to be somewhat muted, it is essential that quarry owners prepare for the better time that surely lie ahead,” he added.