$75M investment for next generation Victorian manufacturing
13 Nov 2015
Media release Eleven Victorian businesses will receive a total of $27.4 million to establish or expand their high value manufacturing operations under the Next Generation Manufacturing Investment Programme.
Complementary investment by each company will bring the total investment in high value manufacturing in Victoria under the programme to $75 million.
Minister for Industry, Innovation and Science Christopher Pyne said the investment would help to stimulate economic activity and increase business competitiveness in Victoria.
“The Government is committed to ensuring a strong and sustainable manufacturing industry in Australia by helping businesses innovate and diversify for the future,” Mr Pyne said.
“This investment will help to attract private investment in the sector, building our advanced manufacturing capabilities.”
Victorian Industry Minister Lily D’Ambrosio welcomed the strong response to the programme from Victorian businesses.
“It is excellent to see that Victorian manufacturing firms are keen to invest in extending their capability, to remain competitive and reach new markets,” Ms D’Ambrosio said.
“The programme will encourage the growth of advanced manufacturing operations including in the defence, transportation, pharmaceutical and medical device sectors.
“It will leverage capital investment in precision engineering, robotics and advanced composite materials development, and support businesses to access global supply chains.”
The $60 million Next Generation Manufacturing Investment Programme is jointly funded by the Australian, Victorian and South Australian Governments.
The programme is a key part of the Australian Government’s $155 million Growth Fund, for employees and businesses affected by the closure of automotive manufacturing operations in Victoria and South Australia.
The Victorian Government committed $12 million of the $30 million in funding for Victorian projects. Grants offered to the successful Victorian businesses range from $756,000 to $5 million.
The Victorian grants follow the announcement in August of $28.8 million in grants to assist 15 South Australian companies invest around $73 million in high value manufacturing.
Successful applicants are listed below.
|
Applicant Organisation |
Grant supported |
Project Description |
|
HeiQ Australia Pty Ltd |
$1,259,375
|
HeiQ Australia will establish an industrial scale manufacturing facility in Geelong for short polymer fibre (SPF) materials for the global performance additives market. SPF materials impart additional functionality to a wide range of products including textiles, coatings, electronics, cosmetics and medical devices. |
|
Marand Precision Engineering Pty Ltd
|
$5,000,000
|
Marand Precision Engineering Pty Ltd will expand its capacity to manufacture and assemble vertical tails for the Joint Strike Fighter F35 at its Moorabbin site and deliver full-rate production volumes. The project will include an expanded temperature-controlled workshop fitted out with precision milling and assembly equipment. |
|
Bombardier Transportation Australia Pty Ltd
|
$3,200,000
|
Bombardier Transportation Australia Pty Ltd will expand its rail vehicle manufacturing capacity and capability at its site in Dandenong. This will be achieved through installation of assembly lines for robotic welding and electrical propulsion equipment, and extension of its final assembly and testing facilities. |
|
Aluminium Industries of Australia Pty Ltd |
$2,257,500
|
Aluminium Industries of Australia Pty Ltd will establish a new facility in Dandenong South to manufacture aluminium components for the light and heavy transportation industries as well as complex metal based engineering industries. The facility will operate in a digital manufacturing environment and include Australia’s largest linear computer numerical control (CNC) machinery. |
|
Walkinshaw Automotive Group Pty Ltd
|
$5,000,000
|
Walkinshaw Automotive Group Pty Ltd will establish dedicated facilities in Springvale to undertake local market modifications of vehicles from global original equipment manufacturer vehicle product ranges, and manage the supply chain for manufacture of component parts. |
|
Radial Timber Australia Pty Ltd
|
$1,500,000
|
Radial Timber Australia Pty Ltd will install a new state of the art streamlined radial sawmill at its existing premises in Yarram, Victoria. The new mill will be more efficient in radially sawing more logs into high value products and capable of a significant increase in production. |
|
Trajan Scientific Australia Pty Ltd (Trajan Scientific and Medical) |
$756,195
|
Trajan Scientific and Medical will invest in plant and equipment for the production of two new types of high precision glass tubing for the scientific and medical device sectors. |
|
Reinforced Concrete Pipes Australia (Vic) Pty Ltd
|
$2,613,379
|
Reinforced Concrete Pipes Australia (Vic) Pty Ltd will invest in plant and equipment at its Kilmore site to introduce the first Australian deployment of innovative new generation dry cast technology, purpose designed for a range of new products for the sewerage and drainage market. |
|
Catalent Australia Pty Ltd
|
$3,380,000
|
Catalent Australia Pty Ltd aims to capture new pharmaceutical and complementary medicine business by adding production capacity and incorporating productivity improvements at its facility at Braeside, Victoria. |
|
Turrisi Enterprises Pty Ltd
|
$1,585,792
|
Turrisi Enterprises Pty Ltd is investing in an advanced chassis and suspension manufacturing facility at Campbellfield Victoria, incorporating state of the art robotic production and assembly equipment to more efficiently manufacture its range of caravan chassis and suspension systems. |
|
Rollspack Pty Ltd
|
$850,000
|
Rollspack Pty Ltd will upgrade its printing, lamination, pouch and bag manufacturing processes with state of the art machinery at its facility in Braeside Victoria, in order to manufacture the next generation of flexible packaging products for both the local and overseas markets particularly for the burgeoning food industries. |
|
TOTAL |
$27,402,241 |
|