Wednesday, June 13, 2012

Flood assistance turns to profit

Thousands of businesses were directly impacted by Queensland’s 2011 flood crisis. Many faced extensive recovery costs; some failed to survive.

The Rocklea Group Pty Ltd’s 1,000m2 factory, in the Brisbane riverside suburb of Rocklea, was inundated by floodwaters. The company lost at least $300,000 and could not operate for two months.

But, thanks to QMI Solutions’ assistance, The Rocklea Group did more than survive; it is better off now than before the floods. Co-owner Walter Vrbancic said: “Before the floods, we would break even most months, or sometimes suffer a loss. Now, we consistently make a profit.”

Click here to read the full article.

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