Western Cape Business News

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MARITIME: Anchor Extends its Product Services


Recent Western Cape Business News

SUPPLIER of lifting and rigging as well as marine and offshore mooring equipment, Anchor Industries, has added to its product range the Titan Tuff chain blocks and lever hoists; and the revolutionary Gunnebo GrabiQ Gr10 flexible chain sling system.

The Titan Tuff comes standard with a load limiter preventing the unit from overloading. This delivers on a big factor of safety ensuring an automatic limit to weight and prevention of accidents. For instance a 1 ton system shouldn’t break at less than 4 tons, however if there is no over-load protection, an operator could unknowingly exceed the limit putting workers’ safety at risk. The Titan Tuff serves as crucial equipment to ensure safety on the job.

The Gunnebo GrabiQ Gr10 flexible chain sling system is a revolutionary flexible unit manufactured and tested by Gunnebo Industries in Sweden. This flexible chain sling system can reduce the number of components necessary for any multi leg sling, clipping on and off of elements as required. With fewer components, less maintenance is required with regard to recertification and keeping up safety measures.

In line with Anchor Industries’ ISO9001:2000 quality policy, extensive work has been done over the last 12 months to ensure that all products comply with local and international specifications. Independent testing by the CSIR was carried out on chain blocks, lever hoists, chains and fittings.

“The new products at our disposal will help us to compete locally and internationally in providing good service to our customers. In a drive to further improve on our service and safety commitment, we will independently test all of our lifting equipment. As a first step the Oblong Master Links were sent to the CSIR in order to perform a break test. All of the results were higher than specified,” says Dale Hutcheson, managing director of Anchor Industries

Offering an all-round service of inspections, registers, certification, sling tags, colour coded safety boards and replacement products, Anchor Industries also provide advice to customers adhering to the Occupational Health and Safety Act.

Anchor Industries furthermore encourages and assists its customers to attain their Lifting Machinery Examining Certificate. With quality and reliability being the pillars of Anchor Industries, the company has recently been approved by the Department of Labour to examine lifting machines and lifting tackle.

Meanwhile this Cape Town-based company reports a significantly increased turnover of R100 million at the end of its financial year.

Increasing its overall stockholding by 57% which involved an investment of R8 million, Anchor Industries has furthermore opened a new branch of 3 000 sqm in Jet Park, Johannesburg. The new premises are three times the size of the previous building, and a large 600t steel wire rope press with a capacity to press slings up to 42mm has been added to the store facilities.

Also, as part of a diversification strategy, Anchor Industries is branching into the sugar cane and forestry sector which will be added as the fourth division to its product range.

“We are very pleased by the growth that we have seen over the past year, with the payment of the second dividend to our employees, Anchor’s increased overall turnover, the added fourth division to our product range and the new Johannesburg premises.”

“As part of our continued emphasis on equipping employees with key skills, we take them through in-depth-training to increase industry knowledge. Our employees are encouraged by the growth of the company as they can also see it in monetary terms”, says Hutcheson.

The shareholding of Anchor Industries consists of Anchor management owning 50%, the Old Mutual Investment Group’s portion of 24.9% represented by the Entrepreneurial Ventures Fund and the Anchor BBBEE Staff Trust holding the remaining 25.1% of the company’s equity in the form of a Staff Investment Trust.

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