History of Crisp Bros.
By June 1948, Gerald and Noel Crisp had expanded the welding and cutting equipment outfit by buying a local spray-painting business. It was not until 1961 that Crisp Bros. Pty Ltd was officially established by Lloyd Scott; a farmer from Somerville, Birralee, Tasmania. He had arranged with Gerald Crisp to swap Somerville for the Wellington Street business of Crisp Bros. with the appropriate cash adjustment. Lloyd firmly believed he was a better estimator/steel fabricator than farmer!
The company operated successfully manufacturing a range of products such as shower screens, blinds, fly-wire & security doors, wrought iron products and steel fabrication. Over the years, the business became increasingly involved in major fabrication projects throughout the state.
By the late 1970’s, Lloyd recognised retirement was looming, but he didn’t have a succession plan in place. In 1979, he facilitated and financed a management buyout - the template of which is still instrumental today. It is an ethos where directors and management believe that, apart from operating with excellent people, the ownership strategy is a significant factor in the success of the company and essentially requires all shareholders to be involved full-time in the management and operation of the company.