Manufacturing News

Tasmanian manufacturers awarded $865,000 in grants

Manufacturing News

Twelve Tasmanian businesses have been awarded a total of $865,000 under the state government’s Advanced Manufacturing Accelerating Growth Grants program.

According to a statement from manufacturing and defence minister Madeleine Ogilvie on Monday, the grants supported a total of $2.2 million of private investment by recipients, with an estimated 40 jobs to be created through funded projects.   

The AMAGG program provides matched funding to companies investing in new equipment and is aimed at increasing their competitiveness and market opportunities.

Successful applicants include “some of our fastest rising companies who are working hard to establish and grow markets nationally and internationally such as Definium Technologies, Currawong Engineering, Pivot Maritime, CBG Systems and Jayben,” said Ogilvie.

“The program is also supporting smaller or up-and-coming local businesses such as Sky Health Clinics, Norfolk Blinds, Aqua Clean Tasmania and Race Fueled Investments.”

Picture: CBG Systems

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