Setting the record straight on GNS rumours
Alex Stewart, CEO of GNS, reached out to me yesterday about rumours about GNS that have made their way back to him. With his permission I publish here the facts Alex shared with me.
But before I share what Alex sent me, I want to say something about rumours. There are some in our channel who love spreading rumours. These people rarely fact check – it is like they do not want the truth to get in the way of the rumour they want to spread.
My experience is that people spreading rumours have an agenda of their own and their rumours are their weapon. Shame on them.
If you hear a rumour about anyone or any business in our channel, go to the victim, given them an opportunity to share the facts as they know them.
Here are the facts Alex Stewart shared with me about GNS:
I spoke to a Qld Newsagent this morning who has heard a rumour that we have sold Padstow – our NSW and HO Facility. I am planning to send a full communique about this to both customers and suppliers but for the record:
- We are relocating from our current facility which means the sale of Padstow. I announced this to NSW and National staff last Thursday.
- We have not yet determined the location, sizing and functional requirements of a new site
- We are doing this to increase efficiencies, increase capacity, reduce maintenance costs for the facility, completely redesign our materials handling processes, and provide both customers and staff a better environment
- We have not yet decided if we will purchase or lease a new property at this stage
- We are keeping staff and key stakeholders completely aware of the process and how we are progressing
- It is likely that we will occupy this facility for at least 12-18 months during the sale process and following to source new premises, plan and implement a move of significant magnitude without interrupting business
If anyone has any questions, concerns or otherwise I am free to discuss at any time. This is purely a matter of prudent asset management, as well as accommodating the business for growth and gaining efficiencies.















