News

$1.3m To Help Local Manufacturers Modernise

$1.3m To Help Local Manufacturers Modernise

Published: 30 April, 2020

MEDIA RELEASE:

The Hon Karen Andrews MP
Minister for Industry, Science and Technology
Federal Member for McPherson

James Stevens MP
Member for Sturt

$1.3m TO HELP LOCAL MANUFACTURERS MODERNISE

The Morrison Government is backing local companies in Sturt to modernise how they do business, as they grapple with the impact of the coronavirus.

Over $1.3m will be delivered to five companies based in Sturt from the Manufacturing Modernisation Fund (MMF) to enable over $6m worth of projects.  

Among the recipients in Sturt is local chocolate maker Robern Menz, home of the iconic FruChocs.

Member for Sturt James Stevens said the support came at an incredibly important time for the local manufacturing sector.

“The Morrison Government is committed to Australian manufacturing and supporting small and medium sized businesses like Robern Menz here in Sturt,” Mr Stevens said.

“This funding injection will strengthen Robern Menz and enable investment in new production technologies amidst a challenging economic environment.

“This means more local jobs and a much needed confidence boost for the area as we look to the other side of the coronavirus pandemic.

200 projects worth more than $215 million dollars are being supported through the Manufacturing Modernisation Fund (MMF). The Federal Government is contributing $48.3 million.

Minister for Industry, Science and Technology Karen Andrews said the projects are expected to create 2,600 Australian jobs and were about preparing Australian manufacturing beyond COVID-19 and the challenges of today.

“We established the MMF before the coronavirus pandemic to help small and medium sized manufacturers invest in capital equipment and new technologies to transform and upgrade their manufacturing operations,” Minister Andrews said.

“Now as we face the coronavirus pandemic and look to come out the other side stronger, this investment will be more critical than ever.

“I am determined to further strengthen Australian manufacturing and the current pandemic gives us the opportunity as a nation to reassess and commit to the values of Australian-made goods.”

The MMF builds on other Federal Government investments in manufacturing growth and competitiveness, including the $100 million Advanced Manufacturing Fund, the Advanced Manufacturing Growth Centre, the Entrepreneurs’ Programme, and the $40 million Innovative Manufacturing Cooperative Research Centre.

For more information on the Manufacturing Modernisation Fund visit www.business.gov.au/MMF

Media Contacts:

Minister Andrews: Keegan Buzza 0447 697 846

James Stevens MP: Aric Pierce 0435 018 371