Lowrie Constructions

In October 2009, Paragon acquired 100% of Lowrie Constructions (WA) Pty Ltd as part of a management buyout.  Lowrie builds transportable electrical switch rooms and control rooms for the mining and LNG markets in Australia.  The company works directly for major electrical contractors such as ABB, Nilsen and Thyssen Krupp.

AEM Cores

In December 2008, Paragon acquired, along with management, AEM Cores from its owner.  AEM Cores designs and produces machines used in the manufacture of electrical distribution transformer cores.  These machines have been sold on all six continents.  AEM Cores also manufactures transformer cores for the domestic market, especially those with demanding performance requirements.

Cowell Electric
Paragon Private Equity acquired a substantial minority stake in Cowell Electric. Cowell Electric constructs power lines and provides infrastructure services to mine sites and other remote communities. Headquartered in Cowell, SA, it provides services to all mainland states.

Levett Engineering
Paragon Equity invested $1,500,000 into Levett Engineering. Levett Pty Ltd machines aerospace and defence components from titanium, aluminium and exotic alloys. It has a series of contracts on the Joint Strike Fighter with the prime contractor, Lockheed Martin, and engine supplier, Pratt & Whitney.