The Federal Member for Aston, Hon Alan Tudge MP, has announced the Federal Government is investing $1 million as part of a project by Boronia manufacturer GlaxoSmithKline (GSK) to advance their manufacturing capability.
GSK, together with the Federal Government, will invest $4.18 million in new technology expanding a pilot facility for the production of biologicals in Blow Fill Seal packaging. The project will result in their Victorian facility being at the forefront of commercialising this state-of-the-art technology.
Announcing the investment, the Federal Member for Aston, Hon Alan Tudge MP said that the programme was part of the Australian Government’s Manufacturing Transition Programme, committed to ensuring a secure future for manufacturing in Australia by focusing on areas of competitive strength.
“This investment will enable successful Australian manufacturers like GSK to transition to high-value, knowledge-intensive manufacturing,” Mr Tudge said.
Mr Tudge said the expansion by GSK was a significant development for local manufacturing.
“This investment is great news for manufacturing in Boronia,” said Mr Tudge.
“Boronia is home to a world-leading pharmaceutical manufacturer and this expansion cements the place of GSK as an important local manufacturing employer.”
“There are over 10,000 people employed in manufacturing in Knox, so investments such as these help secure manufacturing for the future,” said Mr Tudge.
Nationwide, over a quarter of a billion dollars will be injected into Australia’s advanced manufacturing, with more than $200 million invested by Australian manufacturers and $50 million from the Government.
This highly competitive programme supports transformation to build Australia’s manufacturing capability for the future.
Of the 79 businesses that applied for funding, 19 received between $1 million and $5 million.
The funded projects will drive investment in new capital equipment and improvements to plant and processes, which will deliver growth that builds on Australia’s competitive advantage.
“This Manufacturing Transition Programme complements a range of other initiatives that together provide the right policy settings to facilitate investment and improve the competitiveness of Australian manufacturing,” Minister for Industry and Science Ian Macfarlane said in support of the programme.
Successful projects were awarded through a highly competitive, merit-based process, and based on advice from an expert technical committee to ensure the projects have a sound commercial basis. Further information on the Manufacturing Transition Programme can be found at www.business.gov.au/MTP.