Setec’s 50th Year…Change of Course

Now sole owners of Scientific Electronics, Peter and Jill rolled up their sleeves to perform design engineer, purchasing officer, production manager, factory worker, cleaner, storeman and packer, and occasionally, payroll manager. The company was producing modular power supplies, with all products manufactured in-house, as well as Peter still making printed

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Setec knows the importance of women in manufacturing

30 per cent of women in the manufacturing industry said they would need an incentive to stay in their respective businesses, according to a report released this month. Spearheaded by APICS, Deloitte and The Manufacturing Institute, 600 women in the manufacturing industry were surveyed for the report. The aim was to

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Investment in Chinese factories wavering

Investment in overseas factories has its positives and negatives, however Chinese manufacturing may be slowly losing its advantage as China’s economy slumps. With a strong yuan and major factory closures, the appeal of Chinese low-cost manufacturing is wavering, giving Australian manufacturers a much needed advantage. According to an article in

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Setec Celebrates 45 Years!

Staff, friends, family and customers gathered at Setec headquarters in Melbourne for the company’s 45 year celebration event last Thursday afternoon. Guest sipped on Veuve, enjoyed canapés and were treated to a tour of the premises. Company founders Peter and Jill Lloyd started the business in their garage in 1968.

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Setec’s 50th Year…Change of Course

Now sole owners of Scientific Electronics, Peter and Jill rolled up their sleeves to perform design engineer, purchasing officer, production manager, factory worker, cleaner, storeman and packer, and occasionally, payroll manager. The company was producing modular power supplies, with all products manufactured in-house, as well as Peter still making printed circuit breakers (PCBs) from his garage at home.

Scientific Electronics won a contract to design and manufacture the power supplies for the Visual Display Units (VDUs) for Ansett Airlines’ passenger booking system. In addition to this, the company also produced a range of switching DC-DC converters for use in telecommunications.  In 1976, Scientific Electronics entered into a working arrangement with another business, MFB, which supplied all the required metal work and racking systems, a relationship which still exists today!

Wherever reliable power supply was required, Scientific Electronics was behind, or rather, inside it.

 

Towards the end of the 1970s, there was still a lot of work operating from the Lloyd’s home, with Jill arranging dropping off and picking up of goods—often in the early hours of the morning. Jill also was responsible for keeping the books, paying salaries and debt collecting. By 1980, it became clear that the company had outgrown its premises, and so moved to a larger factory, in Holloway Drive, Bayswater.

Around this time, Peter, who, along with the design and technical production, also took on the role of sourcing new potential clients, and found a market for the M80, an open frame switch-mode power supply. In this same year, Peter deftly appointed an agent, Erle Goodwin of Electronic Development Sales, to promote Scientific Electronics throughout the industry in Australia. This decision highlights Peter’s ambition and acumen as a business owner; the annual turnover of the business began climbing upwards each financial year.

By 1983, the company had outgrown the factory space again. A decision to lease the factory next door, effectively doubling its floor space.