New Hope wins Ipswich Business of the Year Award

21 October 2012

The New Hope Group has won the Ipswich Chamber of Commerce & Industry’s Business of the Year Award for 2012.

New Hope’s Chief Operating Officer Bruce Denney accepted the award and thanked everyone at the company for helping to achieve the award.

“I would like to thank everyone at the New Hope Group for their hard work, professionalism and desire to continuously improve our business,” he said.

“These qualities have got us to where we are today, particularly during these tough economic times.”

Mr Denney said New Hope was proud to be an independent, Australian-owned and operated company based in Ipswich.

“We are extremely proud to have been based in Ipswich since New Hope started way back in 1952,” he said.

“I would like to give a special thank-you to the Ipswich community for the strong support everyone in this region has shown the New Hope Group over many years.

“We are not only celebrating the major achievement of our 60th year of operations this year, but we are also celebrating the fact that we have been proudly based in Ipswich for all of that time.

“Through hard work and sensible management, we have grown to become one of Queensland’s largest regionally-based assets directly employing more than 600 people.

“Thousands more jobs are created by our company through our many suppliers and contractors, and the economic flow-on benefits are significant.”

New Hope is currently one of the top 100 companies listed on the Australian Securities Exchange (ASX) by market capitalisation.

The company operates open cut mines at New Oakleigh and Jeebropilly near Ipswich and at Acland on the Darling Downs.

With its head office in Ipswich, New Hope manages each step in the coal chain of production, from exploring and mining the mineral, through to delivering it to customers.

The company’s investments include a 100 per cent shareholding in Queensland Bulk Handling, a common user coal export terminal at the Port of Brisbane, and significant land holdings around Ipswich and near its mining operations at Acland.

Mr Denney said New Hope attributes its growth to innovation, hands-on management, and environmental and social responsibility.

“New Hope would also like to congratulate the other finalists in the Ipswich Chamber of Commerce & Industry’s Business of the Year category - Major Training and T.P.Turner Pty Ltd,” he said.

Mr Denney praised the Ipswich Chamber of Commerce and Industry for promoting local businesses through their annual business awards.

“There is a lot of great work being done by the Chamber – it is very proactive and forward-thinking, and it plays a pivotal role in many initiatives in this region,” he said.