In a campaign, the Morrison government announced that it would provide a total of $ 48 million (US $ 33.4 million) in grants to seven South Australian manufacturing companies in hopes of returning manufacturing to Australia.
Angus Taylor, Minister of Industry, Energy and Emissions, said South Australia has a long and proud history in manufacturing.
“This funding is a big win for employment and another vote of confidence in South Australia’s advanced manufacturing capabilities,” Taylor said in a May 9 release.
Southern Launch, one of seven fund-sharing businesses, welcomes up to $ 4.95 million in grants to help local rocket manufacturer Access to Space (ATSpace) develop and launch rockets within two years. Did.
“This grant describes our space launch technology and infrastructure and ensures that the Australian space industry is in a better position to undertake such international opportunities,” said CEO Lloyd. ·dump Said In the statement.
The founder of ATSpace Jensenchen emphasized the increase in work and research following the grant.
“This funding will be at the forefront of technology. [allow us to] We are in a good location to support our local supply chain, “Chen said.
“This grant will greatly help ensure that our rocket project creates more local jobs, including: Logistics, construction and manufacturing, as well as greater opportunities for research institutes. Will provide. “
Based in Salisbury, Australia and Greenville, North Carolina, USA, Mayne Pharmaceuticals has a 40-year history of up to $ 4.8 million to expand its capacity to manufacture chronic pain medications and ensure on-site lifespan. I have received it.
With this funding, CEO Scott Richards said the company aims to “more than double the capacity of encapsulation and blister packs and introduce new technologies to support the export of carefully selected solid orally administered products.” Announced.
Federal Labor Party members at Macquarie Susan Templeman said Australia needs to learn lessons from COVID-19 about supporting local manufacturing.
“What COVID has shown us is that we have big gaps. Gap of important things like masks, hand sanitizers, trains, etc.,” Templeman told Sky News.
“Workers’ policy is, for example, to have a national train manufacturing program so that all states can come together as one country and have a thriving train manufacturing sector.”
Five other businesses included in the manufacturing investment include Hallett Concrete, Orora, Innovor Technologies, and Samuel Smith & Son.