The second of our intial big projects, the Central Plains Water scheme, started in 2014, was subcontracted to Downer which didn’t pay the last payment of around $2m and put the companies, Aquaduct NZ and Bosch Irrigation, into receivership. That’s an on-going issue but in the meantime, the receivers sold Gerard’s companies to Steel & Tube.
Our team worked for the new owners for 18 months but that didn’t last as S&T were headed in a different direction, one which Gerard was convinced was unprofitable.
And so it proved to be. 3 years and substantial investment later S&T put the pipe extrusion factory up for tender. Gerard was the successful tenderer and Aquaduct 2020 has risen from the ashes of Bosch Irrigation and Aquaduct NZ.
Aquaduct 2020 will focus on Large Bore High Density Polyethylene Pipe (HDPE) manufacturing, however, we will still be available for consultation, design, and project organization using Gerard’s team’s extensive contacts in the pipe installation industry.