Building Strength Through Diversification

{“main-title”:{“component”:”hc_title”,”id”:”main-title”,”title”:””,”subtitle”:””,”title_content”:{“component”:”hc_title_image”,”id”:”title-image”,”image”:”https://www.entec.co.nz/wp-content/uploads/2025/01/Entec-Hiringa-Energy-1024×436.jpg|1090|2560|33371088″,”full_screen”:false,”full_screen_height”:””,”parallax”:false,”bleed”:””,”ken_burn”:””,”overlay”:””,”breadcrumbs”:false,”white”:true,”position”:””}},”section_5ZtkF”:{“component”:”hc_section”,”id”:”section_5ZtkF”,”section_width”:””,”animation”:””,”animation_time”:””,”timeline_animation”:””,”timeline_delay”:””,”timeline_order”:””,”vertical_row”:””,”box_middle”:””,”css_classes”:””,”custom_css_classes”:””,”custom_css_styles”:””,”section_content”:[{“component”:”hc_column”,”id”:”column_vtfQF”,”column_width”:”col-md-12″,”animation”:””,”animation_time”:””,”timeline_animation”:””,”timeline_delay”:””,”timeline_order”:””,”css_classes”:””,”custom_css_classes”:””,”custom_css_styles”:””,”main_content”:[{“component”:”hc_title_tag”,”id”:”ipFEI”,”css_classes”:””,”custom_css_classes”:””,”custom_css_styles”:””,”text”:”Building Strength Through Diversification”,”tag”:”h2″},{“component”:”hc_space”,”id”:”Jp6qS”,”css_classes”:””,”custom_css_classes”:””,”custom_css_styles”:””,”size”:””,”height”:””},{“component”:”hc_wp_editor”,”id”:”Xhugf”,”css_classes”:””,”custom_css_classes”:””,”custom_css_styles”:””,”editor_content”:”The imperative to “not put all your eggs in one basket” is well understood, and Entec’s growth path over the past 8 years is a testament to the power of diversification. By the middle of the 2010’s decade, around 85% of our business revenue came out of the domestic gas industry – we covered all aspects from upstream, midstream and downstream and had a wide spread of customers – but we were very dependent on that one market sector.\n\nWhen the sector had one of its semi-regular cyclical downturns in 2014-2016, we felt the effects very strongly. In 2016 we implemented a board-led target to reduce our gas industry dependence to no greater than 60% of revenue, and we deliberately started seeking new business in different sectors. We also implemented a new strategy to start manufacturing specialist products (switchboards, MCCs, control panels, dosing skids, temperature sensors and prefabricated plant rooms), and we now have around 30% of our annual revenue sourced from items we’ve manufactured in-house.\n\nWe’re thrilled with the results, best summarised as follows – In the past 8 years;\n

\nAs we’ve previously blogged, the overwhelming share of this growth has come from the rapid decarbonisation of the domestic NZ economy. We’re involved in new projects for the generation of renewable energy, for the growth of the electricity transmission & distribution networks, and where electricity is being used in the transport and industrial sectors.\n

Here are some of the highlights from our recent project, product and service deliveries:

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\nWe’re excited about the year ahead – pretty much all of the above and lots more besides are in our future opportunities pipeline. We enjoy a substantial ratio of repeat business from our loyal and valued clients.\n\nHow may we be of service to you and your organisation?”},{“component”:”hc_space”,”id”:”si2kD”,”css_classes”:””,”custom_css_classes”:””,”custom_css_styles”:””,”size”:””,”height”:””},{“component”:”hc_button”,”id”:”lkTMq”,”css_classes”:””,”custom_css_classes”:””,”custom_css_styles”:””,”icon”:””,”style”:”circle”,”size”:””,”position”:”center”,”animation”:false,”text”:”Get in touch”,”link_type”:”classic”,”lightbox_animation”:””,”caption”:””,”inner_caption”:false,”new_window”:false,”link”:”https://www.entec.co.nz/contact-us/”,”link_content”:[],”lightbox_size”:””,”scrollbox”:false}]}],”section_settings”:””},”scripts”:{},”css”:{},”css_page”:””,”template_setting”:{“settings”:{“id”:”settings”}},”template_setting_top”:{},”page_setting”:{“settings”:[“lock-mode-off”]},”post_type_setting”:{“settings”:{“image”:”https://www.entec.co.nz/wp-content/uploads/2025/01/entec-bp-charger-2-1024×768.jpg|1500|2000|33371106″,”excerpt”:”Entec’s growth path over the past 8 years is a testament to the power of diversification. By the middle of the 2010’s decade, around 85% of our business revenue came out of the domestic gas industry – we covered all aspects from upstream, midstream and downstream and had a wide spread of customers – but we were very dependent on that one market sector.”,”extra_1″:””,”extra_2″:””,”icon”:{“icon”:””,”icon_style”:””,”icon_image”:””}}}}

January 30, 2025 Blogs TerabyteAdmin