Victoria’s manufacturing sector gets $3.2 million to boost job creation, innovation

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Image credit: Aleksandr Ivasenko/stock.adobe.com

Fourteen small and medium-sized Victorian manufacturers will receive a total of $3.2 million in funding through the Made in Victoria – Manufacturing Growth Program to expand their operations and manufacturing capabilities. 

The initiative, which is expected to create 138 new jobs, offers grants of up to $250,000 to assist businesses in adopting advanced technology, increasing productivity and competitiveness, and generating local employment opportunities. 

These co-funded projects collectively represent investments exceeding $16 million, spanning various manufacturing sectors, including food and beverage, pharmaceuticals, mining, construction, and machinery and equipment.

Among the beneficiaries is ARV Chassis and Trailers, a chassis manufacturer located in Somerton, which plans to utilise the funds to acquire new equipment, thereby expanding its core production processes and generating 30 new jobs. 

Additionally, Mordialloc-based Not a Trace Foods, a health food manufacturer, will enhance its allergen-free food production line, leading to the creation of 21 new jobs.

Minister for Manufacturing Sovereignty Ben Carroll said, “Manufacturing is critical to growing our economy – that’s why we’re backing local businesses to innovate and adopt new technologies, to drive investment, compete globally and create good local jobs at home.”

ARV Chassis and Trailers Managing Director Harmel Singh stated that the award will help the firm create additional job opportunities in the Australian-made caravan sector and contribute to the local economy.

Meanwhile, Member for Broadmeadows Kathleen Matthews-Ward added, “It’s great to see this funding is allowing local businesses to invest in themselves, grow, and create more jobs.”

The Made in Victoria 2030: Manufacturing Statement underpins this program, aligning with the Victorian Government’s commitment to drive innovation and reinforce local supply chains within the advanced manufacturing sector. 

This initiative is part of a broader suite of targeted investments, including the $21 million Manufacturing and Industry Sovereignty Fund, the $15 million Industry R&D Infrastructure Fund, the $20 million Australian Medtech Manufacturing Centre, and the $4.5 million Digital Jobs for Manufacturing Program.

For a complete list of recipients, visit business.vic.gov.au/manufacturinggrowth.