SA Business Index: the countdown begins
Flame-pumping machine operators, fishmongers and organic cheese makers are among the companies in the first round of InDaily’s South Australian Business Index, revealed today.
South Australia is an economy in transition and this is clearly demonstrated in the Index – a ranking of the 100 top SA companies, compiled in partnership with Prescott Securities, the University of South Australia and the Adelaide Convention Centre.
This first round of 25 companies (100-76) make an impressive list, creating jobs for about 2000 South Australians and contributing more than $440.8 million to the state’s economy.
Scroll down to see the list
After a tumultuous period of closures and redundancies, South Australia is experiencing a “changing of the guard” and new sectors are rising to take the place of traditional industries.
While manufacturing maintains a firm hold in the first quarter of the list, food, wine and services are making a strong showing and represent half the industries.
South Australian food and wine businesses entering the 100 are dot.com specialists Wine Cru with its successful VinoMOFO page (80), aquaculture company Clean Seas Tuna (88) and Australian Wholefoods (81), creators of traditional Italian meals which are sold in supermarkets around the country.
Another traditional company, ice-cream producer Golden North (85), has been producing in Laura, South Australia for the past 90 years.
Many of the local businesses in our top 100 are not only leading in their chosen fields around the state and the country, they are also large players on a world stage.
With their bursts of hot, red flames pumping out at the edge of cricket grounds to the sound of fast and loud music, FCT International (93) has become a regular contributor to the atmosphere at major sporting events.
It is now a world leader in combustion engineering and currently consists of three businesses – FCT Combustion, FCT Flames & FCT ACTech.
Starting more than 160 years ago when the materials it produced were somewhat of a luxury, Wigg & Son (91) has demonstrated that old products such as paper and envelopes still have a place in today’s high-tech world.
Skills and services are well represented and demonstrate why the sector is becoming a strong contributor to the state’s economy.
Workskil Australia (76) was established in South Australia in 1982 and is a major provider of employment and community services, participating in many labour market initiatives.
The remaining South Australian businesses from 75 to 1 of the top 100 will be published by InDaily in the days leading up to the South Australian Business Index lunch on Wednesday, 28 October, with SA Premier Jay Weatherill as one of the guest speakers.
A panel discussion will be moderated by InDaily’s Tom Richardson and feature Crows’ chairman Rob Chapman (also the keynote speaker), Uber Australia’s general manager David Rohrsheim, Prescott general manager Andrew Sterzl, prominent local businesswoman Angelique Boileau from Boileau Business Solutions and Professor Jana Matthews, the director of UniSA’s Centre for Business Growth.
Entries for the InDaily South Australian Business Index Top 100 were eligible based on the following criteria:
- They must be a public South Australian company with an Adelaide share registry; or,
- A South Australian-operated company, founded and majority (50.01 per cent plus) owned by South Australians;
- Not owned in part or whole by any government body or government agency;
- Not registered with the ATO as a not-for-profit organisation; or,
- Registered with the ATO as a not-for-profit but gain more than 90 per cent of revenue through commercial activities.