Joint media release with the Victorian Minister for Manufacturing, the Hon David Hodgett MP, and the South Australian Minister for Manufacturing, Innovation and Trade, the Hon Tom Kenyon MP
Australian automotive suppliers have today been awarded grants totalling $7.3 million through Round 2 of the joint Australian, Victorian and South Australian Governments' Automotive New Markets Program (ANMP).
Applications also opened today for firms to apply under Round 3 of the ANMP. This additional round was made possible by an additional $12 million in funding announced earlier this year by the Australian and Victorian Governments as part of their coordinated response to Ford Australia's announcement that it will cease manufacturing in 2016.
Minister for Innovation, Industry, Science and Research Senator Kim Carr encouraged firms to apply for grants under the new round and congratulated the 13 recipients from Round 2 who will now receive funding to help secure a strong future for their operations.
"The automotive supply chain is a vital part of Australia's multi-billion dollar car manufacturing sector. The ANMP is designed to help companies capture new business opportunities in domestic and overseas markets," said Senator Kim Carr.
"This program will help automotive component producers win work in the global supply chains of automotive manufacturers and, crucially, develop new markets beyond the automotive sector.
"It is essential that we maintain a strong automotive supply chain in Australia by providing opportunities to expand their product and market base.
"The grants of up to $1 million each will enable innovative firms to develop new products, introduce new technologies and grow markets in Australia and overseas for automotive and non-automotive sectors."
Projects funded under Round 2 include: cast copper furnace heat exchangers for the mining industry; dual-walled plastic glassware for pubs and clubs; engine and fuel management systems suitable for unmanned aerial system engines; and the establishment of a global centre of excellence for automotive infotainment systems.
Victorian Minister for Manufacturing David Hodgett said the Victorian Government was committed to supporting supply chain companies as they innovate and diversify.
"It is important that we continue to support automotive supply chain firms as they find new markets and opportunities to integrate in global supply chains for their innovative products and technologies," Minister Hodgettt said.
South Australian Minister for Manufacturing, Innovation and Trade Tom Kenyon said: "Through the ANMP, we are helping to maintain critical automotive manufacturing skills and innovation in Australia and spreading the benefits with other key industries such as mining and defence".
The ANMP is part of the now $47 million Automotive New Markets Initiative. Further information, including a list of grant recipients, can be found at www.innovation.gov.au/anmp.
Minister Carr's office 02 6277 7070
Minister Hodgett's office 0428 398 039
Minister Kenyon's office 0419 838 646