Two South Australian auto parts makers, Precise Global and Quality Plastics and Tooling, have received $1.18 million to help them diversify what they make and upgrade their facilities.
Yesterday’s $6.5 million – funded by the federal and Victorian governments – Automotive New Market Program grant money was given to eight Victorian and two SA automotive components makers.
“These grants will assist firms to develop a range of exciting new capabilities including robotics, precision components, accident avoidance and high-intensity floodlighting,” said federal industry minister Greg Combet.
Precise Global, part of Precise Advanced manufacturing Group, has been awarded a contract by a Kentucky-based supplier to Mercedes Benz.
The contract will see Precise build tooling for steel support structures between the front and rear windows of Mercedes M Class cars.
"This is a company that is making plant and equipment for submarines, for the Canadian navy and Royal Australian Navy, tool and equipment for Mercedes Benz, Kia and Ford in North America," SA manufacturing minister Tom Koutsantonis told Adelaide Now.
Quality Plastics and Tooling, who make and design “plastic turnkey solutions”, were awarded $580,000 for robotic electric plastic moulding machines.
Koutsantonis pointed out that Australian auto parts makers needed to “diversify or die”.