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Campbellfield companies set to expand manufacturing jobs



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THE HON IAN MACFARLANE MP Minister for Industry

THE HON DAVID HODGETT MP Minister for Ports Minister for Major Projects Minister for Manufacturing

JOINT MEDIA RELEASE

Monday 16 June 2014

CAMPBELLFIELD COMPANIES SET TO EXPAND MANUFACTURING JOBS

The Victorian Coalition Government in partnership with the Federal Government and Ford Australia today announced funding to assist two manufacturing companies in Campbellfield that will expand operations and create new jobs.

Federal Industry Minister Ian Macfarlane said that two grants totalling $900,000 from the Melbourne’s North Innovation and Investment Fund (MNIIF) would enable Kitchen Innovations and Premier Extrusion to undertake re-developments worth a total of $1.92 million.

“These substantial business investments will create 28 full time jobs and position Kitchen Innovations and Premier Extrusion for the next 10 years of growth by expanding their existing plants in Campbellfield.

“This will establish state-of-the-art facilities for the production of kitchen and bathroom cabinets and laminate bench tops from Kitchen Innovations; and plastic extrusion, hoses and tubes from Premier Extrusion, for a wide range of industries.

“The MNIIF is about attracting new investments and businesses to this significant manufacturing region and sustaining a strong and competitive manufacturing sector,” Mr Macfarlane said.

Victorian Minister for Manufacturing David Hodgett said Kitchen Innovations had been allocated $600,000 to support its $1.2 million re-development which would create 20 full time jobs.

“The company will use the grant to help expand its capability to produce stone bench tops in-house as market demand has switched from laminex bench tops. This will involve the purchase and installation of a bridge saw, straight line polisher, water treatment plant and materials handling equipment to process the stone.

“Premier Extrusion has been awarded a $321,000 grant to help with a $722,000 project that will create eight full time jobs. The company will use this to install new equipment that will allow the development of technologically advanced foamed polyethylene products for new markets. …/2

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“Both these important projects reflect the Victorian Coalition Government’s strong and ongoing commitment to our manufacturing industry, which is facing significant structural change,” Mr Hodgett said.

“The expansion plans being announced today by both Kitchen Innovations and Premier Extrusion demonstrate how MNIIF continues to generate innovative and exciting projects for the communities of Melbourne’s North. By providing investment support for business, MNIIF encourages local entrepreneurs to pursue commercial opportunities that will deliver increased economic activity, new sustainable jobs and a diversified economic base for the region,” said Bob Graziano, President and CEO of Ford Australia.

“Ford Australia is proud to be associated with MNIIF because it’s an important element of Ford Australia’s transition plan to become a full-line vehicle importer while also providing support for all stakeholders affected by our business changes,” Mr Graziano said.

The MNIIF is a $24.5 million package developed by the Victorian Government in partnership with the Federal Government and Ford Australia in response to Ford’s announcement that it will cease local production in 2016.

The 10 MNIIF grants that have been allocated so far are worth a total of $12.1 million and are leveraging $44.6 million in private sector investment. They are expected to create more than 470 new full time equivalent jobs.

Media contacts: Kylie Barron 0408 508 673 kylie.barron@industry.gov.au (Minister Macfarlane) Steve Mann 0428 398 039 steve.mann@minstaff.vic.gov.au (Minister Hodgett)