This ASX giant is primed for a Trump bump. Australia is already losing
In the last few years, Orica, an $8.6 billion company, has invested $2 billion in the US that should have been spent in Australia. Could that capital flight get worse?
Sanjeev Gandhi, the chief executive of $8.6 billion explosives and mining services giant Orica, is glad the US presidential election is over.
For the last nine months, he says, American industry has been in a “kind of limbo” that has seen decision-making slow down. With Donald Trump’s victory last week, Gandhi can already feel that uncertainty lifting.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
