Australian manufacturing SMEs encouraged to invest in digital technologies

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Image credit: industry.gov.au

The Advanced Manufacturing Growth Centre (AMGC) is backing an industry-led project aimed at helping small Australian manufacturers increase their use of digital technology and boost their productivity.

The project, which has received $250,000 through the AMCG and is matched by industry funding, will help 17 Australian SMEs apply robotics, cyber-physical systems and automation to their manufacturing process, and increase their ability to compete on price and value.

The Federal Member for Boothby, Nicolle Flint, said the project is being led by South Australian-based engineering and design company Dematec Automation, which develops a range of sensors and monitoring devices that can assist manufacturing companies to become more advanced in their industrial processes.

“Many innovative companies are already investing in digital technologies as part of their business planning and operations and projects like this will help others to boost their competitiveness,” Ms Flint said.

“The Turnbull Government is ensuring our manufacturers can adopt new technologies, innovate and continue to create jobs for South Australians.”

Minister for Jobs and Innovation, Michaelia Cash said the initiative was aimed at assisting Australian manufacturing businesses to adopt new technologies so they can expand and create jobs.

“The 2018 Budget includes initiatives that will help businesses such as Dematec Automation grow and create jobs,” Minister Cash continued.

“We’ve also extended funding for the current Industry Growth Centres by two years, enabling them to build on their initial success with Australian manufacturers.”

“Funding in the Budget of $20 million will help Australian small to medium businesses to form local and regional business hubs so they can work together to access new export markets and global supply chains.”

Image credit: industry.gov.au