none

MANUFACTURING CLUSTER PROMISES JOB GROWTH

08-05-2018
by 
in 
Jaclyn Symes announcing funding for regional manufacturing clusters.

It's all about the jobs in Wodonga, where 15 new businesses will benefit from the regional clusters investment scheme, set to grant $5 million to businesses over two years. 

Australian Industry Group regional manager Tim Farrah said that the initiative would support businesses in regional areas, allow for increased collaboration, and offer flow-on effects to the wider economy. 

“We’re hoping it will drive competitiveness, when you make a business more competitive, it grows, sells more product and needs to employ more people,” he said.

“When businesses grow there’s also a huge flow on effect not just in terms of employment but what the business is buying in the local community, so it has a large multiplier effect.”

The cluster, which has not yet been filled, would consist of five large manufacturers and ten small-to-medium enterprises (SMEs). 

“SMEs don’t have these sorts of resources or knowledge internally so this program will be bringing external help and experts in commercialisation that will really speed up that process, make it more affordable and reduce a lot of the risk in bringing innovation to the market,” he said.

Member for Northern Victoria Jaclyn Symes said the cluster would help boost productivity and create jobs. 

“Sometimes businesses need extra support to grow, the Wodonga Manufacturing Cluster will bring businesses together to learn from each other and to address key barriers, and give them the skills they need to position them for success,” she said.

Related news & editorials

  1. 15.11.2018
    15.11.2018
    by      In
    It’s less than a year since Lapp Australia started trading, but the company has swiftly established itself in the local market, with significant penetration in sectors such as food and beverage, manufacturing, solar, sound and stage production, electrical contracting, machine building and... Read More
  2. 12.11.2018
    12.11.2018
    by      In
    Energy Vault has developed a novel solution to storage for renewable energy plants that involves neither batteries nor water.
    The Energy Vault system is based on the fundamental physics of potential and kinetic energy, and uses a proprietary, cloud-based software platform to operate a newly... Read More
  3. 07.11.2018
    07.11.2018
    by      In
    With a combination of its industry-leading fans and energy-efficient lighting products, Big Ass is improving working conditions in Australia and around the globe.
    Blazing Queensland temperatures and humidity were creating uncomfortable working conditions at XL Service Bodies, an industry-leading... Read More
  4. 07.11.2018
    07.11.2018
    by      In
    ABB has thrown its weight behind the OPC Foundation in its bid to define the worldwide industrial interoperability standard. The new Open Platform Communication Unified Architecture (OPC UA) standard has the potential to enable industrial players to unlock the full potential of Industry 4.0.
    OPC UA... Read More