Mastermyne will create a new business group to complement the existing production-based mining operations and to support the amalgamation of the company’s existing project-based engineering divisions with the newly acquired engineering and maintenance services.
The Mastermyne Group will now operate under two main business groups – Mastermyne Mining Services and Mastertec Products and Services. Mynesight, the company’s training and development business group, will continue to operate as normal.
Mastermyne CEO Tony Caruso said the new company structure would position the business for growth in the resources, mining, industrial, and infrastructure sectors.
“With the recent strategic acquisition of DMS, the board and management of Mastermyne recognised the need to create business groups that are closely aligned with our clients and target markets,” Caruso said.
“As such, our new business structure provides improved services and complete solutions for our existing mining clients as well as creating expansion opportunities into other, new, resources, industrial and infrastructure sectors.”
Mastermyne Mining Services will continue to be a provider of production based underground coal mining services. Plans are also in place to develop surface mining capabilities and to provide whole-of-mine operations.
Mastertec Products and Services integrates the services previously provided through DMS and incorporates the existing Mastermyne Services and Engineering divisions.
This group comprises three project based divisions: industrial and maintenance – including piping, protective coatings and access solutions; fabrication and machining – including design, drafting and manufacture of high quality machined products, and engineering and technical – including project scoping, design and management.
