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Lumineye polishes up award
Written on the 29 June 2014 by Marshall Hall
Yatala-based manufacturer Lumineye has added a touch of polish to the Gold Coast Business Excellence Awards after sealing a victory at the June awards.
Lumineye is Australia’s largest manufacturer of coloured nail polish and nail products, with its 40 employees producing up to 30,000 bottles of nail polish in 6000 colours a day at its Pearson Road, Yatala factory.
The company, which is headed up by managing director Peter Herring, was named as the June winner of the Retail, Wholesale and Distribution category of the Gold Coast Business Excellence Award at a presentation held at KPMG Gold Coast this week.
Lumineye’s products, which always carry other companies’ branding, are found in almost every chemist and department store in the country.
Mr Herring said the company, which was less than 10 years old, was a specialist manufacturer that had established a strong niche position in the global market.
“We are a very innovative company and you would be hard pressed to find another company like us anywhere around the world,’’ Mr Herring said.
“We provide bespoke manufacturing services for nail polish companies around the world.
“While the big Chinese manufacturers require an absolute minimum order of 20,000 bottles, we can handle orders for as little as three bottles per colour.”
He said the ability to lodge smaller orders meant Lumineye’s customers could reduce their inventory costs and this allowed them to invest more in marketing and product development.
Mr Herring said the demand for the company’s services was growing worldwide, with production doubling every year for the past four years.
Lumineye now exports to the United Kingdom, the USA, Russia, South Africa, New Zealand, Denmark, Norway, France and Malaysia.
Mr Herring said the company was now looking to expand further, having lodged patent applications for world-first nail polish remover formulations and it was launching several new styles of packaging.
In the other categories, sports courts maker Multisports Concepts aced the Mayor’s Innovation GC Award, Green Fingers Potting Mix cleaned up the Environment and Sustainability trophy, GCOMM held onto the Knowledge Management and
Information Technology section, quarry company Nucrush Group crushed the opposition to claim the Manufacturing and Construction honours, Timezone Surfers Paradise scored the Tourism, Hospitality and Events gong, Queensland One Homes built on its reputation as an Emerging Business, Scorpio Screens sealed the Family Business division, Usher & Son won the Trades, Professions and Services award and Paradise Ultrasound Specialists showed a clean bill of health to stitch up Health and Wellbeing.
The Gold Coast Business Excellence Awards is recognised as the Gold Coast’s leading business awards. Its sponsors include City of Gold Coast, Suncorp Bank, Virgin Australia, AusIndustry, OnTheNet, Griffith University, Regional Development Australia Gold Coast and Gold Coast Airport.And our major supporters are SMART McCann Worldgroup, Document Solutions Australia, Consulting Hall, Jupiter’s Gold Coast, Regina King Photography, Bruce Lynton BMW, Bond University and KPMG.
The awards’ media sponsors include the Gold Coast Bulletin, NBN Television, 92.5 Gold FM and 90.9 Sea FM.