Particularly sad, too, was the determined public rejection in...

Particularly sad, too, was the determined public rejection in 2009 by the Directors of Penrice (mainly all gone now) of the board appointment of Mr Turner.

Mr Turner is credited with turning Ludowici Limited from a small Sydney family company to a serious international player in industrial products. Shareholders of Ludowici saw their company sold during the year for $300 million - three and a half times its value at $90 million twelve months earlier!

Incredible loss for everyone at Penrice.