Austin EngineeringTM has been recognised by The Australian Financial Review (AFR) as one of Australia and New Zealand’s Most Innovative Companies of 2019 for its unique two-piece excavator bucket.

Ranked second out of 800+ organisations

More than 800 organisations across Australia and New Zealand were nominated in the Agriculture, Mining, and Utilities category of the annual AFR’s Boss Magazine Most Innovative Companies listing. Out of these 800+ organisations, Austin was ranked second.

The compilation and ranking of the annual list is completed by a panel of expert judges and are based on a rigorous assessment process. And, for the first time in 2019, organisations were ranked directly against their peers.

Assessed on our commitment to innovation

The assessment process measures a unique innovation implemented in the past twelve months. Specifically, the judges look at how valuable the problem is that the innovation is solving, the quality and uniqueness of the solution, and the level of impact that the innovation has had. 

These assessments also consider the cultural and strategic aspects of the nominated companies. This includes strategies, resources, and processes that demonstrate a sustainable and repeatable approach to innovation.

The Austin Engineering two-piece bucket

Designed and manufactured in Australia by Austin EngineeringTM, the two-piece bucket  features well-defined, reusable upper and consumable lower structures. It was designed for quick and safe bucket change-outs during scheduled maintenance intervals.

The reusable upper section has been designed to maintain the overall structural integrity of the assembly for a predetermined service life through multiple change-outs of the lower, consumable, section.

Both sections of the bucket are fabricated with combinations of high-strength steel for maximum fatigue resistance and durability. The typical baseline service life for the upper section service will be in the vicinity of 30,000 hours and approximately 4-5 years, based on industry expectations of conventional one-piece buckets of a similar size and capacity.

“This is a prestigious award, and we are honoured to be a recipient,” said Peter Forsyth, managing director at Austin EngineeringTM. 

“Our commitment to the mining industry, our industry, has been one of innovation, and our product range reflects that commitment.

“We are committed to developing and manufacturing the reliable equipment our customers demand to maintain productivity and profitability,” he added. “And we are not about to change our approach.”

For further information from Austin EngineeringTM, call 1800 996 491 or contact us at enquiry@austineng.com.au.