Marand Precision Engineering has been named a top Victorian exporter, at the Governor of Victoria Export Awards (GOVEAs).
Marand won the award for Manufacturing and Advanced Materials, in part for its contribution to global defence projects, such as the F-35.
“Our commitment to supporting exporters has never been stronger and in the 40th year of the GOVEAs, that support is being provided to an increasingly diverse range of industries,” said Minister for Jobs, Innovation and Trade, Martin Pakula.
This win qualifies Marand for the Australian Export Awards, which will be held later in 2019.
Marand produces and maintains engineering structures, tooling, and automated production systems, for use in the aerospace, defence, rail, and energy sectors.
The aerospace and defence segment of Marand’s business supplies to global markets including the US, Canada, the UK, Denmark, and Norway.
Making Marand particularly competitive in this sector is its automated production capabilities, which although developed for the automotive industry, have come to prominence in the aerospace and defence areas.
Earlier in 2019, Marand was recognised for this work with the Defence Industry Minister Outstanding Achievement award, for its work towards the F-35 program.
In 2018, exports were worth $55 billion to the Victorian economy. Winning the overall Victorian Exporter of the Year award was the University of Melbourne.
Earlier in 2019, Marand Precision Engineering, was sold to CHAMP Private Equity. At the time, David Ellul, executive chairman of Marand noted that this was part of the evolution of the business.
“Over five decades, Marand has evolved from a machine tools and equipment supplier to the automotive industry to being recognised as Australia’s leading precision engineering company and Australia’s largest supplier into the F-35 Joint Strike Fighter programme. We consider CHAMP to be a fantastic custodian of the Business, who will help ensure Marand maintains its innovative culture and reach its full potential,” said Ellul.
