LMTS

L&M Traffic Services Pty Ltd (formerly Temville Pty Ltd), was founded in 1985. All types of Traffic Signal Installation works were performed by the Company and in 1996, it was decided to formally incorporate the company as L&M Traffic Signals Pty Ltd. The business maintained a successful operation until 2004 when the then-owner, decided to divest his business and move towards retirement.

A new management group was then formed to purchase the business with the sole intention of gradual expansion and lifting the profile of the LMTS brand in the industry.

The LMTS name was again incorporated in February 2005 under new ownership with a full time working General Manager and Director, Mr. Allan McConnell. The business was strategically relocated to Dandenong South to service the substantial growth in the South East corridor of Melbourne. It was decided to extend the working boundaries of the business to all areas of Melbourne, this would provide all current and future clients with the flexibility they required regarding tendering and executing project works. The Company could also better service the ongoing requirements of the regional VicRoads offices in Sunshine and Burwood.

By 2006/2007 LMTS were successfully executing installation works for multiple clients across Melbourne, in addition to providing ongoing annual maintenance of Traffic Signals for various Councils in the eastern corridor of Melbourne, namely Whittlesea, Maroondah, Manningham, Boroondara, Glen Eira, Dandenong, Frankston and Mornington.

Reported annual turnover in 2004 was $2M, with the new organisation annual turnover within the Company grew to $7M by 2008/2009. EBIT has consistently grown over the past eight (9) year of operations.

2020 – TTL Takeover

In October 2020 LMTS was acquired by its new owners, ‘Traffic Technologies Ltd’ to align and expand on their traffic services portfolio and maintenance capabilities.  Traffic Technologies Ltd  (ASX: TTI), Managing Director Con Liosatos said, “The acquisition of the L&M business is an exciting time for the Company enabling TTI to develop its maintenance business in Victoria further and strengthen TTI’s relationships with local councils serviced by L&M. Strategic benefits include the enhanced ability  to vertically integrate TTI’s current product portfolio and more importantly to integrate our proprietary “Smart City Solution” TST into L&M’s existing maintenance contracts giving councils real time information to make informed decisions on their assets enabling comprehensive Smart City capability.”

Key advantages of the services offered by L&M Traffic Services Pty Ltd are as follows:

• Established in 1985 LMTS is the oldest Signal Contractor currently operating in Victoria.
• VicRoads Pre Qualification Level of STS2, STCE and Restricted STCV
• Strong working relationships with VicRoads Metropolitan South East and Metropolitan North West
• Strong working relationships with major and medium-sized Road Contractor Groups
• Strong working relationships with numerous Metropolitan Councils
• Relationships with Emergency Services, namely CFA and Ambulance Victoria
• Use of new technologies to reduce the environmental impact, ie Solar Power and Radio Controlled Systems
• Long-term experienced Technicians and Tradesmen
• Inhouse resources and experience to successfully complete full civil works for Signal Installations
• The ability to successfully complete turn key projects for clients from values of $10,000.00 to $1,000,000.00

Occupational Health & Safety Policy

Obligations

L&M Traffic Services Pty Ltd recognises its moral and legal responsibility to provide a safe and healthy work environment for employees, contractors, customers and visitors. We are committed to providing a safe working environment for our employees and to fulfilling our obligations to comply with the Victorian Occupational Health and Safety Act 2004, as well as a culture demonstrating continuous improvement.

Objectives

L&M Traffic Services Pty Ltd will:

• Provide safe plant and systems of work
• Provide written procedures and instructions to ensure safe systems of work
• Ensure compliance with legislative requirements and current industry standards
• Provide information, instruction, training and supervision to employees, contractors and customers to ensure their safety
• Provide support and assistance to employees.

Responsibilities

Management is accountable for implementing this policy and is responsible for:

• The provision and maintenance of the workplace in a safe condition
• Involvement in the development, promotion and implementation of health and    safety policies and procedures
• Training employees in the safe performance of their assigned tasks
• The provision of resources to meet the health and safety commitment

Employees are to:

• Follow all health and safety policies and procedures
• Report all known or observed hazards to their immediate supervisor or manager

Application of the Policy

This policy is applicable to L&M Traffic Signals Pty Ltd in all its operations and functions including those situations where employees are required to work off site.

Consultation

The organisation is committed to consultation and co-operation between management and employees. The organisation will consult with employees in any workplace change that will affect the health and safety of any of its employees.

Environmental Policy

Obligations

L&M Traffic Services Pty Ltd activities will be carried out so as to protect the health of employees, trainees, customers, contractors, and community while paying proper regards to the protection and management of the environment.

L&M Traffic Services Pty Ltd is committed to the protection of the environment in all its activities.

L&M Traffic Services Pty Ltd will endeavour to conduct its activities in a manner that is environmentally responsible and sustainable.

Primary Goal

The Primary Goal of the Environmental Policy and associated procedures is to assist maintaining the highest environmental standards.

Objectives

The objectives of this policy are to:

• Meet and exceed all legal and regulatory requirements for environmental management and protection; and where these are lacking or insufficient to protect the environment, apply best practice stands that will ensure the environment is protected
• Maintain awareness within L&M Traffic Signals Pty Ltd activities of the responsibilities of the L&M Traffic Signals Pty Ltd employees, staff, contractors and affected people to ensure protection of the environment
• Regularly review the L&M Traffic Signals Pty Ltd activities to identify and assess the environmental impact associated with these activities; and implement and maintain management systems, processes, programs and procedures to ensure the environment is protected including the control of discharge of waste emissions, or any other potentially environmentally hazardous conditions that may harm the environment.
• Provide an environmental emergency response program for unforeseen events so as to minimise the risk to people, facilities, and assets.
• Provide environmental training for employees, staff, visitors, and affected people where applicable.