In 1980 the company was sold to Rodney Cohen of Newcastle Shop Fitters in 1980 for $150000, who later sold on to a foreman of Walshs Glass. By the early 90’s the once thriving business was a fading presence, held back by a reluctance to embrace the technology revolutionizing the glass industry around it.
From the outside looking in, it’s not easy to see what was attractive to the group of private equity investors that purchased the company in 1992. “Up until around 1980 Cooling Brothers had one of the largest beveling businesses in Western Australia,” explains Paul King, Managing Director. “They focused on hand beveling and silvering, and because they invested little in machinery, they were quickly left behind by an industry that through the 80’s and 90’s became more and more integrated with technology.”
The new owners quickly set about re-establishing the business, and soon outgrew their factory space, moving to a larger space in Belmont. Updating the machinery with the latest technology from Italian manufacturers such as Bavelloni, the business shifted towards a greater focus on the processing of glass to meet the ballooning demand in the market. In 2004, Cooling Brothers took over the adjoining factory in Belmont, installing a TamGlass toughening furnace, CNC machines and laminating cutting benches.