Hedweld Engineering has opened a new manufacturing facility in Mt. Thorley, NSW, to foster innovation in the Hunter region.
The mining technology and products company believes the new site, an $8 million investment, will expand high-tech engineering jobs, from mechanical and electrical, through to systems and software engineering.
Assistant minister for Industry, Innovation and Science Craig Laundy and Singleton Mayor John Martin were among the attendees during the opening.
Hedweld chairman Alan Broome said the facility highlights the latest technology in machining and fabrication of complex metal parts.
“At a time when manufacturing is under some pressure, this has been a counter cyclic investment,” he said.
The new site is also in line with the Federal Government’s Growth Centre initiative, particularly involving the Mining Equipment, Technology and Services (METS) and advanced manufacturing sectors.
The ongoing initiative will receive $250 million in funding over four years from 2016-20 aiming to drive innovation, productivity, and competitive strength in Australia’s advanced manufacturing, cyber security, food and agribusiness, medical technology and pharmaceuticals, METS, and oil, gas, and energy sectors.
Managing director Ian Hedley said, “With this commitment from Hedweld, we are advancing the Hunter region’s capability to compete in the international marketplace and to make this region the epicenter of tomorrow’s manufacturing.”