WA gov’t grants Pacific Energy $2.4m to bolster manufacturing, economic diversification

WA Premier Roger Cook visited our Perth Airport manufacturing facility to announce the round one recipients of his government's Investment Attraction Fund. Image credit: Pacific Energy

Western Australia Premier Roger Cook has visited Pacific Energy’s Perth Airport manufacturing facility to grant the company up to $2.4 million in funding on behalf of his government’s Investment Attraction Fund.

In a media release, the energy supplier said it will use the award to expand its manufacturing capabilities in Western Australia and to assist the state’s economic diversification goals.

Pacific Energy also said it will utilise the funding to enhance automation, safety, and manufacturing efficiencies at its Perth Airport manufacturing site in order to increase the capacity and output of its RE systems through its renewables business.

Automation and manufacturing advancements will ensure that the company can continue to satisfy the increased demand for its renewable energy systems from its existing partners, including state-owned utilities such as Western Power and Horizon Power.

The modifications are also expected to assist Pacific Energy cut associated operational costs, providing the WA-based company with a competitive advantage that will allow it to advance Australian-made solutions in a variety of industries.

“This important funding will help us expand our workforce and improve our delivery capabilities, offering us new opportunities to introduce Western Australian-designed and manufactured products into new supply chains,” said Pacific Energy’s CEO, Jamie Cullen.

The CEO added, “As we upscale our operations and advance our manufacturing processes, we will upscale the value and productivity we can deliver to the WA economy.”

Meanwhile, Premier Cook stated that his administration would use the Investment Attraction Fund to promote a strong and diverse economy that would provide secure jobs in the future.

“We’re building on WA’s economic strengths, and embracing new and innovative industries – positioning our state at the forefront of the global energy transition,” the Premier said.

Cook is also urging local businesses to manufacture in WA, add value, and compete globally in developing high-tech products for the future.

Over the next two years, Pacific Energy will implement the co-funded activities with an equivalent investment to the grant funding.