The Andrews Labor Government today announced $243,000 in funding to help supply chain businesses impacted by the impending closure of Ford, Holden and Toyota's car manufacturing in Victoria.
Visiting auto supply business Belmatic Industries in Heidelberg West, Minister for Industry and Employment Wade Noonan announced the new funding grants for 11 supply chain companies to provide intensive support to diversify their businesses.
Labor has always supported automotive manufacturing in Victoria and we will continue to work hard to minimise the impact on businesses, workers and their families who were abandoned by the Liberals.
Supply chain companies that will receive assistance under our Automotive Supply Chain Transition Program (ASCTP) include:
- Precision Plating, Burwood
- ACE Wire Works, Hallam
- Premcar, Campbellfield
- Guhring, Oakleigh South
- Aunde Australia, Stawell
- Palm Products, Moorabbin
- GTS Industries, Dandenong
- Ceramet, Delacombe
- Perroplas Australia, Braeside
- Belmatic Industries, Heidelberg West
- OzPress, Wendouree
This round of ASCTP funding builds on the $222,000 already provided to nine automotive supply chain companies.
The ASCTP was established to help businesses identify future opportunities and new markets, and highlight the capabilities needed to enter that market.
This program is part of the Labor Government’s $46.5 million Automotive Transition Plan to help Victorian automotive businesses transition into new markets, retrain and find new work for automotive workers, and attract investment into the communities most impacted by the closure of automotive manufacturing.
Quotes attributable to Minister for Industry and Employment, Wade Noonan
"The Andrews Labor Government is targeting our assistance towards the many businesses in the auto supply chain who will be impacted by the closure of Ford, Holden and Toyota's car manufacturing in Victoria."
"Funding is provided to support businesses to develop a transition plan and discover new opportunities to diversify and grow."
"Unlike the Liberals who abandoned the auto industry, Labor is working hard to minimise the impact on businesses, workers and their families."
Reviewed 19 August 2020