With Export Finance Australia’s support, Marr Contracting (trading as The Men from Marr’s) has lifted its business to new heights and is scaling horizons – both here and overseas.
Specialists in the design and delivery of heavy lift luffing crane solutions for over 90 years, Marr Contracting supports large-scale projects across the construction, infrastructure and resources sectors.
The business has worked on iconic developments across Australia, including Sydney Opera House, Snowy Mountains Hydro Scheme, Crown Casino and Sydney Metro, before taking on international projects in 2010. Their innovative service delivery approach has also earned them several world-first engineering achievements.
A new challenge
When Marr Contracting were awarded a construction project in Turkey for the world’s largest span suspension bridge, they developed a solution to decrease the project’s construction time and associated risk for the project.
“It was pretty revolutionary for how you build bridges,” explained Simon Marr, Director, Marr Contracting.
Supporting their vision was Marr Contracting’s local lender, who saw an opportunity to partner with Export Finance Australia and provide finance for the overseas project. This allowed Marr Contracting to free up their lending capacity for other projects in Australia.
“Export Finance Australia gave us options about how we could support the project in Turkey, yet maintain our growth in other parts of the business, including the Australian business,” said Simon.
Working with Michael Reznikov, Associate Director, Business Development for Export Finance Australia, Marr Contracting were provided an Export Line of Credit and Bond, allowing them to buy all the equipment they needed.
Simon said that Export Finance Australia’s support was vital for the success of the project and the solution aligned with their long-term growth plans.
Simon believes that what drove a successful outcome was Export Finance Australia’s knowledge of the business. “They got involved, were very enthusiastic, they understood our business and what we were doing. It was a really great process,” Simon explained.
“Once you get that support, then you can go off and do anything,” Simon added.
Marr Contracting approach to solving their customer’s challenges also impressed Michael. “I have really enjoyed working with Marr Contracting on this, and their bank. It’s been a very, very educational project,” Michael stated.
Looking to the future
The support received from Export Finance Australia has allowed Marr Contracting to focus on what’s next.
“We are developing a really great relationship with Export Finance Australia, not only for this project, but we’re bringing them in so they’re hearing about what we’re doing, the growth plans for the business,” Simon remarked.
He added, “The future for us is expanding further internationally and continuing to support our clients here in Australia.”