Since the inception of MTI Qualos in 1946, then called simply 'Qualos (quality) Machine Tools Pty Ltd', their product lines have changed a great deal.
Sourcing state-of-the-art precision machines and tooling has been the backbone of the company's longevity and success. However, product diversification is now contributing significantly to the bottom line.
When Qualos was established during World War II by founders John LT Pring MBE and the late Tod Waite, the company supplied, serviced and provided spares for machine tools, which were in high demand. The site was located in North Melbourne and start up capital totals $10,000 pounds.
From the beginning, Mr Pring's marketing and administration know-how were vital in building the business. Combined with MR Waites' engineering skills, the vision of the company was firmly based on seeking and providing new and improved manufacturing methods and products to Australian industry.
Post-war, demand for machine tools dropped and the founders went their separate ways.
Mr Pring maintained the essence of the original business and expanded to become the sales agent of a number of machine tool manufacturers. He built up strategic distribution channels, initially in Victoria were much of Australia's manufacturing was based. In 1956, an office in Ultimo New South Wales was established to service that State and Queensland.
At about the same time, Mr Pring saw a need to harness additional international expertise and brought into the business from Europe Mr. Max Ammann. Max contributed significantly with his vast knowledge of the European machine tool industry and was pivotal in expanding the sales of machine tool product from that region.