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Chapter Five

The practice of mutating according to market circumstances and trends, and of pursuing new opportunities, expanded the skill base of the company's owners and their employees. The drive to survive and succeed was the impetus to overcome difficult periods: uncharted waters, industrial disputes, economic recessions, aggressive competitors, the split with the Salteri family, the feud with Marco, the sale of Transfield Construction, the listing of Transfield Services, the sometimes difficult relations with the banks. During periods of adversity, most employees retained their loyalty and determination, despite the internecine clawing of the owners. It seemed that even for the employees, the patrimony of Transfield was no small legacy to simply let whither.

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