Wyatt Yeager Examiner Article
1
25 MONEY & JOBS Irish Examiner Friday 27.08.2010 XX1 - V1 any other business... GRAPEVINE with JOE DERMODY [email protected] on the prime numbers ... Shop assistants will soon send messages to the mobiles of passersby via a hypertag. At Hickey Fabrication Services, Kilmacthomas, Co Waterford, from left: MD Ger Hickey, business development manager, Pat Coldrick, and Savana Engineering’s Wayne E Yeager and Wyatt E Yeager. Picture: Patrick Browne ■ MICHAEL LILLIS has joined aircraft leasing group Avolon as chairman of its Latin American advi- sory board. He is a former Irish diplomat and former head of GECAS’s Latin America and Caribbean business (since acquired by GE), fi- nancing over 180 aircraft, valued at in excess of US$6bn ( 4.7bn). He also headed up Irish aircraft lessor GPA. He has fi- nanced aircraft for Latin American airlines Avianca, Aeroméxico, Gol, LAN and TAM. ■ JOHN GAFFNEY has joined Donegans Solicitors as a partner. He brings 19 years experience, having worked with Freshfields in Paris, with Skadden Arps in London, and with the United Nations Compensa- tion Commission in Gene- va. He has practiced com- mercial law as a partner with firms in Dublin and Cork. He graduated from NUI with BCL and LL.B de- grees, and from the Uni- versity of Amsterdam with an LL.M in EU and Interna- tional law. ■ SARAH CUNNINGHAM has been promoted to ac- count executive at Pem- broke Communications. Ms Cunningham joined the consumer division in 2009, working with client such as Bord Gáis Energy, Crown Paints, Connacht Gold, Children’s Miracle Net- work, Vintners Federation of Ireland, Novartis and Teagasc. Ms Cunningham holds a BComm with a major in Marketing and holds an MA in Public Relations from the Dublin Institute of Technology. ■ JOHN HURLEY has joined the fuel supplier GreatGas as business de- velopment manager. Mr Hurley joins from Halcrow Barry Engineering (National Roads Authority) where he was a retail con- sultant. Mr Hurley has also worked with Topaz Energy as a network development manager and he has also held positions with Shell UK and Irish Shell. GreatGas has headquar- ters in Churchtown, Co Cork, and is part of the DCC Plc group. ■ DR PETER STAFFORD has joined the Society of Chartered Surveyors as its new head of policy and public affairs. He joins from the Construction In- dustry Federation, where he was head of research and policy. Dr Stafford has also lectured in the Urban Institute Ireland in UCD and the Geary Institute. He holds a doctorate in Poli- tics and an MEcon in So- cial Research Methods from the University of Manchester, and a Masters in Political and Public Communications, DCU. ■ MIRIAM O’NEILL has joined the Automobile As- sociation of Ireland (AA Ireland) as product PR ex- ecutive. Ms O’Neill joins from the An Post-Fortis joint ven- ture, Postbank Ireland, where she was a commu- nications executive. She was also previously a marketing executive with Banqueting Food Systems. Ms O’Neill holds a BA in European Business, and a HDip in PR and Events Management from the Public Relations Institute of Ireland. COLD FRONT: The ESB are cutting off power to 900 households a month — or 30 a day — because people cannot pay their bills. Bord Gais has disconnected an average of 230 people a month in the last three months. Meanwhile, the Oireachtas Joint Committee on Economic Regulatory Affairs is inviting the Commission for Energy Regulation to an emergency meeting next week to discuss concerns over a planned 5% increase in electricity prices, due in October. Hundreds of thousands of domestic customers will be affected by the price hike, which has already been authorised. Shoppers soon to receive mobile ads sent by new hypertag device WALKING by tech-savvy stores will soon result in you receiving adverts on your mobile phone. Irish mobile-phone mar- keting company, Adikat, is partnering with British-based proximity marketing specialists, Hy- pertag. Shop assistants will wear a hypertag de- vice that will send passers-by messages, via Bloooth, about the store’s video clips, links and event notices. Companies like Unilever and Co- ca-Cola are already using this new marketing tool. Adikat owner, Vince Do- herty, says: “Permis- sion-based mobile mar- keting is increasingly pop- ular, so this strategic al- liance will be highly ad- vantageous to us. We will have access to first-hand experience in deploying major campaigns for top brands in Ireland.” Doherty says that global partnerships like these will help kickstart the Irish economy. International companies can offer new products and a chance to expand the marketplace a compa- ny works in. “There’s a huge market- place to be accessed and we need to think outside our shores,” says Doher- ty. “We live on an island, but we can build bridges.” Doherty says that he had to overcome legal barriers in order to secure the partnership, as British partnership law differs from Irish law. He was also unable to find any State schemes that offer financial assis- tance to companies look- ing for international part- nerships. Number of work days lost to strike in EU halved since 2008 RECESSION has given those still in employment cause for cheer — the av- erage number of working days lost, per 1,000 em- ployees, due to industrial action fell from 50.5, in 2008, to 24.3, in 2009, says a report from Euro- found’s European Indus- trial Relations Observato- ry (EIRO). The EIRO report covers the year period 2005–2009, in the Euro- pean Union member states and Norway. Pay disputes remain the most common cause of indus- trial action across the EU. Manufacturing was most prone to conflict, followed by the broad public sector, and trans- port and communications. The most ‘strike-prone’ countries were Denmark, France and Belgium, while Austria, Estonia and Latvia were essentially strike-free. The level of in- dustrial action in the new EU member states was only about a quarter of that in the former EU15 countries. O’Keeffe wins coaching award BUSINESS coach Kevin O’Keeffe has been select- ed for a coaching excel- lence award at the presti- gious 2010 ActionCOACH Global Conference, held recently in Barcelona, Spain. ActionCOACH founder and chairman, Brad Sug- ars, said: “Kevin has al- ways embraced our 14 points of culture. He is a great coach and business- man, with an approach that connects with clients.” O’Keeffe, who coaches companies throughout Cork city and county, was one of 20 global award winners. ActionCOACH has more than 1,000 offices in 32 countries. To learn more, visit: www.actioncoach.ie. Waterford company shows its metal with mining equipment contract W ATER- FORD-based industrial steel product manufacturer Hick- ey Fabrication (HF) has struck gold with a contract to build mining exploration equipment for an ambitious new American client. Savana Engineering MD, Wyatt Yeager, says the new gold extraction machines unveiled yesterday at HF’s facility in Kilmacthomas, Co Waterford, are the first of up to 15 new products coming on stream this year alone. These bespoke ma- chines have been pre-sold to clients in South America. It seems that there is no recession in the global busi- ness of exploring for pre- cious minerals. Wyatt Yeager explains: “During a recession, gold becomes more valuable than ever. Judging by the number of new mining companies calling me to order new ma- chines, this will continue for at least ten years. “Despite the downturn in the construction industry, there is still a need for min- erals in TVs, automobiles, computers and phones, so mining is something that will always be a growth in- dustry. We are just capitalis- ing on the industrial de- mand for gold, platinum and diamonds.” Mr Yeager says Ireland is an ideal location for this new manufacturing venture, as it is within easy reach of the US, Africa, Asia and Eu- rope. Clients in each of these zones are looking to develop new products with Savana and the engineering experts at Hickey Fabrication, who have been given a very wel- come lift by the unexpected arrival into their orbit of Sa- vana. Yeager says: “The people at Hickey Fabrica- tion will not know this, but they were part of my plans long before they ever knew who I was. I did extensive research on fabrication and engineering firms, and I chose them because of their qualified engineers, their professionalism and the fact that they were using the lat- est 3D modelling, and I had ideas I wanted to develop into new products. “What sealed it for me was the way they treated me like royalty from day one, walking me through every piece of equipment long be- fore I had given them so much as a penny. Plus, their fabricators can think for themselves and solve prob- lems without turning to me every time. That has been unlike anything I could have hoped to find back in the States.” Hickey Fabrication yester- day unveiled the first of its range of highly efficient, be- spoke, purpose-built ma- chines for Savana’s mining industry clients. On display were a 100-ton wash plant that includes a rotary dual screen trommel and two pan-American gravity con- centration mineral jigs, plus a 35-ton portable gold and diamond sampling plant. While this is a first foray into mining products for Hickey Fabrication, the company is built to respond to changing demands. All of its products are bespoke, one-off orders, such as the award-winning glass and steel staircase and balustrades at Waterford Institute of Technology’s nursing educa- tion building, plus car show- rooms in Cork City, Mal- low, Waterford, Kilkenny, Clonmel and Dublin. The company has a proven ability to adapt to change. Prior to the current recession, 80% of the com- pany’s fabrication orders came from the construction sector. Now, 80% of its out- put relates to pharmaceutical companies and plant main- tenance. It has been a finalist in several Small Firms Asso- ciation annual awards, and has also been named Water- ford Business of the Year, accolades which helped catch the eye of Savana En- gineering. Having launched in 2001, Hickey Fabrication sought Waterford County Enter- prise board’s help to build a 2,400 sq ft workshop in Lemybrien in 2002. Over the next few years the com- pany built up a business ser- vicing the pharmaceutical, chemical, food and building industries. Hickey Fabrication em- ploys 35 full-time employ- ees, and company MD Ger Hickey’s main goal in the current economic climate is to ensure that he brings in enough orders to retain all of those highly-skilled staff, comprised primarily of qualified electrical and me- chanical engineers, fabrica- tors and Autocad 3D mod- elling designers. Ger Hickey notes: “This work for Savana Engineer- ing is something new, some- thing no other company in this country is doing. It gives great encouragement to the lads on the floor, and lets them know that their jobs are safe. I want to keep my people employed. They are all highly-skilled people. “They all have technical skills, but everybody in this company is also effectively in a sales role. When Wyatt Yeager visited, the lads took him through every step of every piece of technology, from hand-drawn sketches of the product to Autocad and onto the fabrication processes. “That is a tedious enough hand-holding approach, but we’re used to that. Every- thing we do is bespoke. We never produce the same thing twice. The customer comes first, and in this cur- rent climate, survival is all about your ability to change and adapt.” Hickey Fabrication has certainly proved itself on that front. The mining ex- ploration machines unveiled yesterday will shortly be used to extract gold, dia- monds and other precious minerals from mines in South Africa. Savana Engineering has placed orders for a suite of further machines. Some will be river-based alluvial ma- chines, dredges, barges and flotation devices used in the extraction of gold and pre- cious gemstones in relatively shallow explorations, others will be for deeper explo- rations into hard rock, crushing quartz and digging down deeper for zinc, titani- um and platinum. For Hickey Fabrication, things are certainly looking up. For this Waterford com- pany at least, all that glitters probably is gold. RTÉ enlists recruitment firm WE understand that RTÉ has enlisted a recruitment agency to help it find can- didates for the post of di- rector general, with a view to attracting applica- tions from overseas. Outgoing director gen- eral, Cathal Goan, has agreed to remain in the seat until a successor is appointed. The most like- ly contenders are internal senior executives — chief financial officer, Conor Hayes, managing director of news, Ed Mulhall, head of radio, Clare Duignan and the head of TV, Glen Kilane. The position is expect- ed to be advertised here, and overseas, in the next few weeks. The appoint- ment will be made by the government on the basis of a recommendation from the RTÉ board. 0��� 0�����0������ 0��������0�����0������ ������ ��� ����� ��������� ������� �������� ��� ��������� �� ����������� ����� �������O� ������� �������� ���������� ����� ������� ��� � ���M ����M �������� ��� �����M ������ ������M ���� ���)��������)�� ������� ������������� �������� ���� ����� �����9 �������� ��� ������������� ��������� �������� � �� � ���� ������ ����� � �� ����������� ������������� ��������������� ����������� ��� ������� ���������9 ����� ��������������� �� ���� ���� ����������� ���� ����� ���� �������� ���������� ��������
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Transcript of Wyatt Yeager Examiner Article
TERAPROOF:User:keevanbrowneDate:26/08/2010Time:15:59:00Edition:27/08/2010ExaminerLiveXX-2708Page:25 Zone:XX1
25MONEY & JOBSIrish ExaminerFriday 27.08.2010
XX1 - V1
any other business...
GRAPEVINEwith JOE DERMODY
on theprime numbers ...
Shop assistants will soon send messages to the mobilesof passersby via a hypertag.
At Hickey FabricationServices, Kilmacthomas,Co Waterford, from left: MDGer Hickey, businessdevelopment manager, PatColdrick, and SavanaEngineering’s Wayne EYeager and Wyatt E Yeager.
Picture: Patrick Browne
■ MICHAEL LILLIS hasjoined aircraft leasinggroup Avolon as chairmanof its Latin American advi-sory board.He is a former Irish
diplomat and former headof GECAS’s Latin Americaand Caribbean business(since acquired by GE), fi-nancing over 180 aircraft,valued at in excess ofUS$6bn ( 4.7bn). He alsoheaded up Irish aircraftlessor GPA. He has fi-nanced aircraft for LatinAmerican airlines Avianca,Aeroméxico, Gol, LAN andTAM.
■ JOHN GAFFNEY hasjoined Donegans Solicitorsas a partner. He brings 19years experience, havingworked with Freshfields inParis, with Skadden Arpsin London, and with theUnited Nations Compensa-tion Commission in Gene-va.He has practiced com-
mercial law as a partnerwith firms in Dublin andCork. He graduated fromNUI with BCL and LL.B de-grees, and from the Uni-versity of Amsterdam withan LL.M in EU and Interna-tional law.
■ SARAH CUNNINGHAMhas been promoted to ac-count executive at Pem-broke Communications.Ms Cunningham joined theconsumer division in 2009,working with client such asBord Gáis Energy, CrownPaints, Connacht Gold,Children’s Miracle Net-work, Vintners Federationof Ireland, Novartis andTeagasc.Ms Cunningham holds a
BComm with a major inMarketing and holds anMA in Public Relationsfrom the Dublin Institute ofTechnology.
■ JOHN HURLEY hasjoined the fuel supplierGreatGas as business de-velopment manager.Mr Hurley joins from
Halcrow Barry Engineering(National Roads Authority)where he was a retail con-sultant.Mr Hurley has also
worked with Topaz Energyas a network developmentmanager and he has alsoheld positions with ShellUK and Irish Shell.GreatGas has headquar-
ters in Churchtown, CoCork, and is part of theDCC Plc group.
■ DR PETER STAFFORDhas joined the Society ofChartered Surveyors as itsnew head of policy andpublic affairs. He joinsfrom the Construction In-dustry Federation, wherehe was head of researchand policy. Dr Stafford hasalso lectured in the UrbanInstitute Ireland in UCDand the Geary Institute. Heholds a doctorate in Poli-tics and an MEcon in So-cial Research Methodsfrom the University ofManchester, and a Mastersin Political and PublicCommunications, DCU.
■ MIRIAM O’NEILL hasjoined the Automobile As-sociation of Ireland (AAIreland) as product PR ex-ecutive.Ms O’Neill joins from the
An Post-Fortis joint ven-ture, Postbank Ireland,where she was a commu-nications executive.She was also previously
a marketing executive withBanqueting Food Systems.Ms O’Neill holds a BA inEuropean Business, and aHDip in PR and EventsManagement from thePublic Relations Institute ofIreland.
COLD FRONT: The ESB are cutting off power to 900 households a month — or 30 aday — because people cannot pay their bills. Bord Gais has disconnected an averageof 230 people a month in the last three months. Meanwhile, the Oireachtas JointCommittee on Economic Regulatory Affairs is inviting the Commission for EnergyRegulation to an emergency meeting next week to discuss concerns over a planned5% increase in electricity prices, due in October. Hundreds of thousands of domesticcustomers will be affected by the price hike, which has already been authorised.
Shoppers soon to receive mobileads sent by new hypertag device
WALKING by tech-savvystores will soon result inyou receiving adverts onyour mobile phone.Irish mobile-phone mar-
keting company, Adikat, ispartnering withBritish-based proximitymarketing specialists, Hy-pertag. Shop assistantswill wear a hypertag de-vice that will sendpassers-by messages, viaBloooth, about the store’svideo clips, links andevent notices. Companieslike Unilever and Co-ca-Cola are already usingthis new marketing tool.Adikat owner, Vince Do-
herty, says: “Permis-sion-based mobile mar-keting is increasingly pop-ular, so this strategic al-liance will be highly ad-vantageous to us. We willhave access to first-handexperience in deployingmajor campaigns for top
brands in Ireland.”Doherty says that global
partnerships like thesewill help kickstart the Irisheconomy.International companies
can offer new productsand a chance to expandthe marketplace a compa-ny works in.“There’s a huge market-
place to be accessed andwe need to think outsideour shores,” says Doher-ty. “We live on an island,but we can buildbridges.”Doherty says that he
had to overcome legalbarriers in order to securethe partnership, as Britishpartnership law differsfrom Irish law.He was also unable to
find any State schemesthat offer financial assis-tance to companies look-ing for international part-nerships.
Number of work days lost tostrike in EU halved since 2008
RECESSION has giventhose still in employmentcause for cheer — the av-erage number of workingdays lost, per 1,000 em-ployees, due to industrialaction fell from 50.5, in2008, to 24.3, in 2009,says a report from Euro-found’s European Indus-trial Relations Observato-ry (EIRO).The EIRO report covers
the year period2005–2009, in the Euro-pean Union memberstates and Norway. Paydisputes remain the most
common cause of indus-trial action across the EU.Manufacturing was
most prone to conflict,followed by the broadpublic sector, and trans-port and communications.The most ‘strike-prone’
countries were Denmark,France and Belgium,while Austria, Estonia andLatvia were essentiallystrike-free. The level of in-dustrial action in the newEU member states wasonly about a quarter ofthat in the former EU15countries.
O’Keeffe wins coaching awardBUSINESS coach KevinO’Keeffe has been select-ed for a coaching excel-lence award at the presti-gious 2010 ActionCOACHGlobal Conference, heldrecently in Barcelona,Spain.ActionCOACH founder
and chairman, Brad Sug-ars, said: “Kevin has al-ways embraced our 14points of culture. He is a
great coach and business-man, with an approachthat connects withclients.”O’Keeffe, who coaches
companies throughoutCork city and county, wasone of 20 global awardwinners.ActionCOACH has more
than 1,000 offices in 32countries. To learn more,visit: www.actioncoach.ie.
Waterford company shows its metalwith mining equipment contract
WATER-FORD-basedindustrial steel
product manufacturer Hick-ey Fabrication (HF) hasstruck gold with a contractto build mining explorationequipment for an ambitiousnew American client.Savana Engineering MD,
Wyatt Yeager, says the newgold extraction machinesunveiled yesterday at HF’sfacility in Kilmacthomas,Co Waterford, are the firstof up to 15 new productscoming on stream this yearalone. These bespoke ma-chines have been pre-sold toclients in South America.It seems that there is no
recession in the global busi-ness of exploring for pre-cious minerals.Wyatt Yeager explains:
“During a recession, goldbecomes more valuable thanever. Judging by the numberof new mining companiescalling me to order new ma-chines, this will continue forat least ten years.“Despite the downturn in
the construction industry,there is still a need for min-erals in TVs, automobiles,computers and phones, somining is something thatwill always be a growth in-dustry. We are just capitalis-ing on the industrial de-mand for gold, platinum anddiamonds.”Mr Yeager says Ireland is
an ideal location for thisnew manufacturing venture,as it is within easy reach ofthe US, Africa, Asia and Eu-rope.Clients in each of these
zones are looking to developnew products with Savanaand the engineering expertsat Hickey Fabrication, whohave been given a very wel-come lift by the unexpectedarrival into their orbit of Sa-vana. Yeager says: “Thepeople at Hickey Fabrica-tion will not know this, butthey were part of my planslong before they ever knewwho I was. I did extensive
research on fabrication andengineering firms, and Ichose them because of theirqualified engineers, theirprofessionalism and the factthat they were using the lat-est 3D modelling, and I hadideas I wanted to developinto new products.“What sealed it for me
was the way they treated melike royalty from day one,walking me through everypiece of equipment long be-fore I had given them somuch as a penny. Plus, theirfabricators can think forthemselves and solve prob-lems without turning to meevery time. That has beenunlike anything I could havehoped to find back in theStates.”Hickey Fabrication yester-
day unveiled the first of its
range of highly efficient, be-spoke, purpose-built ma-chines for Savana’s miningindustry clients. On displaywere a 100-ton wash plantthat includes a rotary dualscreen trommel and twopan-American gravity con-centration mineral jigs, plusa 35-ton portable gold anddiamond sampling plant.While this is a first foray
into mining products forHickey Fabrication, thecompany is built to respondto changing demands. All ofits products are bespoke,one-off orders, such as theaward-winning glass andsteel staircase and balustradesat Waterford Institute ofTechnology’s nursing educa-tion building, plus car show-rooms in Cork City, Mal-low, Waterford, Kilkenny,
Clonmel and Dublin.The company has a
proven ability to adapt tochange. Prior to the currentrecession, 80% of the com-pany’s fabrication orderscame from the constructionsector. Now, 80% of its out-put relates to pharmaceuticalcompanies and plant main-tenance. It has been a finalistin several Small Firms Asso-ciation annual awards, andhas also been named Water-ford Business of the Year,accolades which helpedcatch the eye of Savana En-gineering.Having launched in 2001,
Hickey Fabrication soughtWaterford County Enter-prise board’s help to build a2,400 sq ft workshop inLemybrien in 2002. Overthe next few years the com-
pany built up a business ser-vicing the pharmaceutical,chemical, food and buildingindustries.Hickey Fabrication em-
ploys 35 full-time employ-ees, and company MD GerHickey’s main goal in thecurrent economic climate isto ensure that he brings inenough orders to retain allof those highly-skilled staff,comprised primarily ofqualified electrical and me-chanical engineers, fabrica-tors and Autocad 3D mod-elling designers.Ger Hickey notes: “This
work for Savana Engineer-ing is something new, some-thing no other company inthis country is doing. Itgives great encouragementto the lads on the floor, andlets them know that their
jobs are safe. I want to keepmy people employed. Theyare all highly-skilled people.“They all have technical
skills, but everybody in thiscompany is also effectivelyin a sales role. When WyattYeager visited, the lads tookhim through every step ofevery piece of technology,from hand-drawn sketchesof the product to Autocadand onto the fabricationprocesses.“That is a tedious enough
hand-holding approach, butwe’re used to that. Every-thing we do is bespoke. Wenever produce the samething twice. The customercomes first, and in this cur-rent climate, survival is allabout your ability to changeand adapt.”Hickey Fabrication has
certainly proved itself onthat front. The mining ex-ploration machines unveiledyesterday will shortly beused to extract gold, dia-monds and other preciousminerals from mines inSouth Africa.Savana Engineering has
placed orders for a suite offurther machines. Some willbe river-based alluvial ma-chines, dredges, barges andflotation devices used in theextraction of gold and pre-cious gemstones in relativelyshallow explorations, otherswill be for deeper explo-rations into hard rock,crushing quartz and diggingdown deeper for zinc, titani-um and platinum.For Hickey Fabrication,
things are certainly lookingup. For this Waterford com-pany at least, all that glittersprobably is gold.
RTÉ enlists recruitment firmWE understand that RTÉhas enlisted a recruitmentagency to help it find can-didates for the post of di-rector general, with aview to attracting applica-tions from overseas.Outgoing director gen-
eral, Cathal Goan, hasagreed to remain in theseat until a successor isappointed. The most like-ly contenders are internalsenior executives — chief
financial officer, ConorHayes, managing directorof news, Ed Mulhall, headof radio, Clare Duignanand the head of TV, GlenKilane.The position is expect-
ed to be advertised here,and overseas, in the nextfew weeks. The appoint-ment will be made by thegovernment on the basisof a recommendationfrom the RTÉ board.
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