The potential for Australian manufacturing businesses to contribute to developing Australia’s defence capability was highlighted in the latest round of government grants.
Four South Australian companies were recipients of this funding, announced on October 22, 2019. The funding is targeted at allowing these manufacturers to invest in specific tools or equipment so that they can manufacture unique products for the defence industry. In total, $2.3 million in funding was awarded to the four recipients, with the benefits going towards further investment in the manufacturing workforce and technology.
The Australian government is backing local manufacturing businesses so they can grow and prosper by exporting expertise to the world. This presents huge opportunities for Australian manufacturing and fabrication businesses looking to re-invent themselves, products and services. Applications for the Sovereign Industrial Capability Priority grants are open at any time, and are managed through the Centre for Defence Industry Capability (CDIC) website.
Our Steel Efficiency Review® looks to support businesses aiming to re-design their operations and manufacturing capabilities. The Steel Efficiency Review® aims to provide recommendations to change and improve our customer’s business and at the same time our product and service offer.
To register for the Steel Efficiency Review® click here.
Source for Defence Information: Manufacturers’ Monthly