Visitors to Elphinstone Group's Burnie office are met with large silver letters on the wall: People are our most valued asset.
It is this motto that has brought success to its founder and executive chairman, Dale Elphinstone.
Mr Elphinstone said he was "humbled" to be appointed an Officer of the Order of Australia for distinguished service to business and to the community of Tasmania as part of the Queen's Birthday honours.
"It's certainly an honour to be recognised in this way but it's certainly recognition that all of the things we do is because we have a fantastic group of people that help us get those things done."
As a 15-year-old apprentice diesel mechanic at William Adams, he never planned to one day lead an organisation of 2800 people.
Since starting Elphinstone Underground Mining Equipment in 1975, Mr Elphinstone has been committed to manufacturing in Tasmania's North West.
With a quality product and good relationships with suppliers, the business has been able to compete globally with minimal government subsidies.
"If a business is well-organised and run lean, you can compete globally. And you have to be able to. Because if you can't compete globally, you can't compete anywhere."
Mr Elphinstone is also being recognised for his philanthropic work in North-West Tasmania's health system.
The idea for the $65 million cancer centre at the North-West Regional Hospital started with the experience of one of his employees who faced going to Launceston for treatment.
He said it was "enormously satisfying" for him and his wife, Cheryl, to see three young people start working at the centre earlier this year as part of a scholarship program to ensure home-grown talent would be available.
His children, Kelly and Adam, have taken on senior management roles in recent years. Mr Elphinstone said he would be in a position to become the non-executive chairman by the age of 70.
With his wife of 43 years by his side, Mr Elphinstone said he was always open to new opportunities, however investing in people remained central to his success.
"At the end of the day it's people. That's why that sign is out there."