By Melissa Meehan
INJECTRONICS Pty Ltd may have won this year’s Small Business Award, but if current growth is anything to go by the business will not be small for much longer.
The company was born when two brothers followed through on their father’s love of cars and set up a vehicle maintenance operation which specialised in fuel injected vehicles.
They soon became known as the fuel injection specialists within the automotive industry and began trouble-shooting for many other workshops and dealerships within Melbourne.
The business moved from Dandenong to its current Hallam location approximately seven years ago. Their purpose-built premises now consists of 1300 square metres of factory and offices.
The business turnover as well as their employees has more than doubled since 2000 and turnover is on the way to $5 million within the foreseeable future.
Sales and marketing manager Gino Riccuti said the company was hoping to employ more people from the local area in the future.
“It all started repairing Dandenong vehicles and now 15 years later there is a focus on electronic components,” he said.
“We see ourselves doing well in the future and are hoping to take more people with us on our journey.”
He said the introduction of new technologies in the automotive industry including satellite navigation systems, stereos, electronic transmissions and power steering made way for a never-ending market.
“We expect substantial growth in the future,” he said.
“We are a viable alternative to buying expensive new parts.”
On the employment front, the business has now grown to over 30 employees.
Given the specialised nature of their business, training and development is a key component, Mr Riccuti said.
“Many of our employees have been with the company for over 15 years,” he said.
“They have grown with the business.”
While the doom and gloom of the global economic crisis is in the back of everyone’s mind, Mr Riccuti said Injectronics expected business to grow over the next few years.
“We are predicting substantial growth in the future,” he said.
“The market is never-ending for us, we expect to double our turnover in the next two years.
“As more and more technology is used in the automotive industry there will be a greater market for us.”