Eleven South Australian manufacturers have received a share of $6.1 million in government grants that will reportedly create more than 270 new jobs for the region.
One manufacturer, SMR Automotive, will be able to expand into the medical devices market thanks to the grant, which will create an extra 37 jobs at the company.
SMR Automotive manufactures rear-view mirrors for cars.
The grant is part of a joint investment in the area from the federal and state governments, called the South Australia Innovation and Investment Fund, of about $22.5 million.
Innovation Minister Kim Carr said the fund is providing a much-needed boost to the area that has experienced its fair share of manufacturing set-backs over the past few years.
“The South Australian economy took a hit in 2008 following closure of Mitsubishi at Tonsley Park. The Australian and State governments responded by establishing this $30 million Fund which will attract almost $143 million in further investment to the State,” he said.
In January this year, South Australian manufacturing took another hit when Kimberly-Clark announced it would restructure its South Australian operations, resulting in a possible loss of 200 jobs.
South Australian Industry Minister Tom Koutsantonis said the Fund is dedicated to the manufacturing, engineering and renewable energy sectors.
Among the other latest Fund recipients are Ezy-Fit Hydraulics, in Elizabeth, which will use its grant of $585,000 to invest in specialist engineering equipment to establish an advanced engineering manufacturing cell which will increase capacity and capability and provide South Australia with a dedicated hydraulic centre of excellence, creating 20 jobs.
Numetric Manufacturing in Wingfield has received $287,500 to help expand its advanced vertical automotive machining plant with new advanced machinery which will manufacture Hybrid vehicle engine components, with the versatility to support other industries such as rail, defence and mining. Fourteen new jobs will be created.
SAGE Automation in Melrose Park will receive $475,759 to invest in an electrical control systems manufacturing centre of excellence, which will be Australia’s first fully integrated and automated electrical control cabinet manufacturing facility, and will create 19 new jobs.
To register your interest in the Fund phone AusIndustry on 13 28 46 or email email@example.com