Three Toowoomba-based companies employing more than 100 people have scored over $600,000 in grants as part of the QLD Government’s $20 million Made in Queensland program.
Toowoomba Engineering will create 14 new jobs and boost farm yields by using a $240,000 grant to expand their precision seed planting division.
Farming and processing company Stahmann Farm Enterprises’ goal is to be more internationally competitive with their $73,500 grant.
Specialised metal fabricator Obadare is set to upgrade its technology thanks to a grant of $290,500.
QLD State Development Minister Dr Anthony Lynham announced the grants while visiting Stahmann Farm Enterprises which grow and process a variety of nuts, including pecan and macadamias.
They follow four other local companies – Gessner Industries, Global Rotomoulding, DA Hall & Co and Lionel Moore Trailers – to have secured Made in Queensland funds.
“Toowoomba Engineering will use this grant to buy new equipment to accelerate and automate production,” Dr Lynham said.
“This investment will allow them to increase productivity and initially employ an additional 14 people, which will continue to grow over time.’’
Dr Lynham said until now that Obadare’s manufacturing process had been labour intensive and had costly extended turnaround times but would now have access to new technology that reduce production time.
“Obadare provides specialised engineering and certifies manufacturing services for the industrial, oil and gas, transport and mining sectors in Australia, Papua New Guinea and south-east Asia.
Stahmann, which also processes cashews, pistachios, pine nuts, walnuts and almonds, will use its grant to undertake market research and strategy development to enter the international market, providing the chance to grow and protect the jobs of 75 employees.
“Thanks to their vision and the QLD Government’s investment, these three companies have the opportunity to grow and secure the future of their employees.
Queensland’s $20 billion manufacturing sector already employs 169,000 people. The QLD Government has a 10-year plan to transition the state’s manufacturing sector to more advanced manufacturing high-paid, knowledge-based jobs.
The Made in Queensland program offers matching grants of between $50,000 and $2.5 million to manufacturers looking to adopt innovative processes and technologies to generate highly-skilled jobs and become more internationally competitive.
Manufacturers also have to go dollar-for-dollar with the government to fund business improvements.
Source: QLD Government