ABOUT THE COMPANY...
Radial Corporation Limited
is an Australian public unlisted company with around 150
shareholders. Radial Corporation shareholders have supported the
establishment and development of Radial technology in various
corporate embodiments, from 1989 to 1999 as shareholders of Radcon
Pty Ltd and from 1999 to 2005 as shareholders of Radial Timber
Corporation was established in 2005 when the technology and
intellectual property assets of Radial Timber Australia were sold to
Radial Corporation in a restructure that saw Radial Corporation
shares taken up in the same proportion as shareholdings in Radial
Timber Australia . Radial Timber Australia retained ownership of the
Yarram Mill. Shareholder Elmman Pty Ltd purchased all other
shareholdings in Radial Timber Australia Limited to become sole
owner and the company was then converted to a Propriety Limited
Australia Pty Ltd operates the Yarram Mill under license from Radial
Corporation and sells Radial products across Australia via its
marketing division Radial Timber Sales Pty Ltd.
Since Radial Corporation was
established in 2005 significant developments have been made in
Radial intellectual property.
Detailed analysis of
sawing patterns and cutting studies have been made and new
technology developments implemented.
have been lodged in ten countries and regions along with further PCT
and Provisional applications for the protection of Radial's new
include Radial quartersawn which will see the introduction of the
world's first high recovery automated and semi-automated
quartersawing systems and Radial's high speed, high recovery
optimized backsawing system.