The Andrews Labor Government is boosting manufacturing in Melbourne’s East with three local manufacturers sharing in $764,000 in funding to create new jobs and grow the economy.
Parliamentary Secretary for Industry and Employment, Gabrielle Williams, announced the funding at IDT Australia in Boronia today – part of the Future Industries Manufacturing Program which supports high growth industries grow and create jobs.
The grants include:
- $298,000 for Kilsyth based Radio Frequency Systems to invest in new equipment, create four new full time jobs and boost its exports by $10 million
- $266,000 for IDT Australia Limited to invest in new laboratory equipment, create four new full time jobs, transition six staff members, and boost its exports by $64 million
- $200,000 for Crusader Hose in Bayswater to construct and install an Annealing Plant, create five new jobs and transition seven staff members.
These grants build on six recent grant announcements to support Victorian based manufacturers, creating 52 new full time jobs.
Under the program, companies can apply for grants of up to $500,000 to invest in new manufacturing technologies and processes to create jobs and help transition our economy towards an advanced manufacturing state.
Quotes attributable to Minister for Industry and Employment Wade Noonan
“The Andrews Labor Government is supporting businesses – both large and small – to invest in new technologies and processes that will transition Victoria towards an advanced manufacturing economy.”
“Our Future Industries Manufacturing Program is giving local businesses like Crusader Hose and Radio Frequency Systems the support they need to create new jobs and grow the economy.”
Quote attributable to Parliamentary Secretary for Industry and Employment Gabrielle Williams
“Manufacturing businesses like IDT Australia is an industry success story in Melbourne’s East and this funding boost will help create local jobs for the area.”
Reviewed 19 August 2020