Grants help expand cutting-edge Hunter facility
7 September 2016
The Assistant Minister for Industry, Innovation and Science, Craig Laundy, has helped open a Hunter Valley-based advanced manufacturing facility that is using Government funding to create world-leading technology.
Hedweld Engineering, located in Mount Thorley, New South Wales, designs and manufactures specialised mining and safety equipment.
Hedweld’s new manufacturing facility, which officially opened today, will house some of the world’s most technologically advanced machinery to increase production capacity and enable it to diversify into new sectors such as the agribusiness, defence, construction, civil engineering and underground mining markets.
The plant was established with the help of a $2 million Manufacturing Transition Programme grant from the Australian Government. The funding contributed 25 per cent of Hedweld’s overall $8 million expansion.
The Manufacturing Transition Programme provides manufacturing businesses with grant funding to be more competitive and viable by supporting capital investment projects that help businesses to move or expand into higher value and/or niche manufacturing activities.
The programme also helps businesses build skills in higher value and knowledge intensive activities in new or growing markets.
Mr Laundy said Hedweld’s new facility housed the latest in advanced manufacturing technology that included cutting-edge machinery and robotics.
“Hedweld has invested in a world class manufacturing facility using the world’s most advanced robotic metal processing technology and equipment,” Mr Laundy said.
Mr Laundy said the expansion would enable Hedweld to increase its competitiveness, create skilled job opportunities for the Hunter Valley and increase exports.
Media contacts: Assistant Minister Laundy's office 02 6277 4345