What’s happening?
The Crisafulli Government has announced a $5 million annual expansion of the Made in Queensland manufacturing grants.
The program aims to bolster Queensland’s advanced manufacturing sector by increasing capability, productivity, and innovation, while supporting high-skilled jobs.
Minister for Manufacturing, Dale Last, visited Rockhampton businesses Manuplex and PHL Metal Fabrication and toured the Rockhampton Manufacturing Hub to unveil this initiative.
Why it matters?
This investment highlights the government’s commitment to positioning Queensland as a leader in manufacturing.
By reducing operational costs and creating investment certainty, the initiative not only fosters local economic growth but also helps secure Queensland’s reputation as an attractive destination for manufacturing businesses.
Local Impact
The Rockhampton Manufacturing Hub plays a pivotal role in driving innovation and economic growth in Central Queensland.
Businesses like Manuplex are leveraging these resources to expand their capabilities and contribute to the regional economy.
“The support we’ve received through the Rockhampton Manufacturing Hub has been key in helping us establish our steel framing division,” said Manuplex Operations Manager, Shaun Herrmann.
By the Numbers
- $5 million additional funding will be allocated annually to the Made in Queensland manufacturing grants.
- The initiative is part of a broader strategy to expand manufacturing hubs across regional Queensland.
- Significant cost reductions for manufacturers, including lower electricity and water expenses, aim to make Queensland a top state for manufacturing investment.
Zoom In
The Rockhampton Manufacturing Hub exemplifies the program’s impact.
Shaun Herrmann of Manuplex highlighted how the hub’s support allowed the company to gain full control over its steel framing division, improving project outcomes and creating skilled jobs locally.
Zoom Out
This initiative aligns with the Crisafulli Government’s broader economic strategy of enhancing regional Queensland’s role in the state’s future.
The plan includes opening new manufacturing hubs and expanding existing ones, strengthening the economy across regional and rural areas.
What to Look For Next?
Expect announcements on the establishment of new manufacturing hubs across Queensland and updates on their specific impact on local industries.
The government’s efforts to attract new manufacturers and support existing businesses will likely bring more job opportunities and economic growth to regional centres like Rockhampton.
Minister Dale Last emphasised, “Make no mistake, our doors are open, and we’ll be doing all we can to attract new manufacturers while supporting the world-class industry that already exists here.”