Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla quis nibh risus. Pellentesque euismod, nisi id porttitor facilisis, enim lectus pulvinar leo, eu placerat elit mauris vitae sem. Quisque sagittis accumsan mi, non tristique orci viverra sit amet. Maecenas ac elit vitae sem scelerisque bibendum. Donec viverra augue mi, quis dapibus libero. Aliquam sit amet pretium orci. Maecenas fermentum lacus non massa sollicitudin tincidunt.

Minister Hodgett opens new high-tech engineering plant in Hallam

Thursday, 01 May 2014

Minister for Manufacturing David Hodgett today officially opened a new engineering facility in Hallam which will house two new hi-tech lathes and cell processors for KH Equipment’s operations.

Mr Hodgett and Candidate for Narre Warren North Amanda Stapledon today congratulated the company on its $800,000 expansion project and on securing a $201,600 Investing in Manufacturing Technology (IMT) grant from the Victorian Government.

“KH Equipment, which invented the ‘Austart’ cold ignition system, identified the need for two state-of-the-art CNC lathes and cell processors to boost production and export volume,” Mr Hodgett said.

“These new machines have required KH Equipment to double office and factory-floor space by building a substantial new factory next door to the current head office.”

The CNC machines are more flexible, faster and can run autonomously, which means they can be controlled over the internet, allowing some orders to be managed from home.

Mr Hodgett said the project will significantly increase productivity and will create two new jobs and a further two positions will be transitioned to higher duties. It will also generate greater export revenue.

“More than 50 per cent of all income from the sale of the ‘Austart’ starters already comes from exports to the USA, the UK, Europe and China,” Mr Hodgett said.

“This new investment and the company’s drive to find new export markets are directly in line with the Victorian Coalition Government’s vision for the future of our advanced manufacturing sector.

“Victoria is the hub of Australia’s manufacturing industry but to meet the challenge of competitive international markets, manufacturers must increase investment in new technology to remain competitive.

“A key initiative of the Coalition Government’s Manufacturing Strategy, the IMT program supports companies to invest in new technology to help invigorate production processes, develop new skills and generate fresh export opportunities.

“Importantly, the four rounds of the IMT program have generated a total investment of more than $62 million, which has created more than 440 new jobs,” Mr Hodgett said.

 

pdfDownload PDF202.07 KB

Joomla Plugin

Media Releases

Thursday 10 July 2014

2013-14 financial year saw Victoria lead the nation in full time jobs growth

Today’s Australian Bureau of Statistics Labour Force figures reveal that Victoria’s full time employment growth continues to lead other states, Treasurer Michael O’Brien said today.

Thursday 10 July 2014

Ten new purpose-built homes in Castlemaine for the elderly

Minister for Housing Wendy Lovell has today officially opened ten new purpose-built homes for elderly people in Castlemaine. Ms Lovell together with Member for Northern Victoria Region Amanda Millar and ...

Thursday 10 July 2014

New Coalition investment to help fight phylloxera

The Victorian Coalition Government today announced a new two-year $580,000 research project with the Australian Grape and Wine Authority (AGWA) to help protect the wine industry from the serious grapevine ...

Thursday 10 July 2014

Deputy Premier speaks at Avoca Natural Gas Forum

More than 700 homes and businesses in Avoca will be connected to natural gas thanks to the Victorian Coalition Government’s $1 billion Regional Growth Fund.

Thursday 10 July 2014

Regional Growth Fund breathes new life into Avoca Town Hall

A $280,000 redevelopment will breathe new life into the Avoca Town Hall enabling the community to host karate, cooking and gardening classes, movie nights, children’s dances as well as social events such ...

Thursday 10 July 2014

Coalition delivers recycling boost to Phillip Island

Minister for Environment and Climate Change Ryan Smith has visited the Cowes Recycling Bank with Liberal candidate for Bass Brian Paynter to inspect Phillip Island’s state-of-the-art recycling site.  ...

MORE MEDIA RELEASES