Businesses affected by the closure of automotive manufacturing in Victoria are identifying new opportunities and creating jobs, thanks to ongoing support from the Andrews Labor Government.
Visiting workers at Premcar Pty Ltd in Campbellfield, Minister for Industry and Employment Wade Noonan announced $891,000 in funding to provide 23 automotive supply chain companies with business support to plan for the future.
Premcar has transformed itself from a supplier to Ford’s performance vehicle range to a truly global engineering consultancy with a presence in China, India and Europe.
The company has doubled its workforce from 23 to 43 staff and created a partnership with RLE International Germany to provide a 24-hour work cycle to vehicle companies around the world.
The latest round of funding from the Labor Government’s successful Automotive Supply Chain Transition Program (ASCTP) builds on the $618,000 already provided to 29 Victorian automotive supply chain companies.
The ASCTP was established to help businesses identify future opportunities in new markets. Eligible supply chain companies can receive up to $71,000 to engage industry specialists and help develop a plan for transition.
Funding is also available for business capability development activities – including assistance with management skills, sales and marketing strategies, financial management, new product development, business development and marketing opportunities.
The Government’s $46.5 million Automotive Transition Plan is supporting new opportunities for Victorian automotive businesses and helping retrain and find new jobs for automotive workers.
The Local Industry Fund for Transition (LIFT) grants program has already created 450 jobs – more than 350 have been identified for ex-automotive industry workers.
Automotive supply chain companies interested in applying for funding can visit or call Business Victoria on 13 22 15.
Quotes attributable to Minister for Industry and Employment Wade Noonan
“Premcar is an outstanding example of a supply chain company transitioning into a global market and creating new jobs during what is a difficult time for the industry.”
“We’re getting on with supporting businesses, workers and communities affected by the end of car manufacturing in Victoria.”
Quote attributable to Member for Broadmeadows Frank McGuire
“The Broadmeadows area has been hit hard by the closure of car manufacturing plants, and it’s great to see supply chains taking advantage of new business opportunities.”
Supply chain companies that will receive assistance under (ASCTP) include:
- ACE Wire Works (Vic) P/L
- Australian Performance Vehicles P/L
- Australian Precision Technologies (APT) P/L
- Boge Elastmetall Australia
- Composite Metals Engineering P/L
- FMP Group (Australia) P/L
- GTS Industries P/L
- Guhring Industries P/L
- Heslop Contract Castors P/L
- ICOA Australia
- Mackay Consolidated Industries P/L
- Marget Engineering P/L
- MTM P/L
- Nexteer Automotive P/L
- OzPress P/L
- Palm Plastics
- Precision Plating P/L
- Premcar P/L
- Production Stamping Co. P/L
- Rian Industries P/L
- Roehlen Industries
- TI Automotive Australia
- Venture Campbellfield
Reviewed 19 August 2020