More than 600 Geelong and Corangamite jobs created by $20 million regional funding boost
17 January 2018
Joint release with:
The Hon. Malcolm Turnbull MP
Sarah Henderson MP
Federal Member for Conrangamite
The Geelong and Corangamite region is the first to benefit with the Turnbull Government announcing funding for the first wave of successful projects under the Regional Jobs and Investment Packages.
The initiative is part of the Australian Government's commitment to stimulate jobs and drive economic growth in Australia's regions.
After an extensive assessment process involving strong community input, 21 projects totalling $20 million will be delivered in Geelong and Corangamite region, providing residents with a range of employment and investment opportunities.
More than 600 new jobs will be generated through the construction phase and a further 600 ongoing jobs will be created, with just over 200 of those ongoing jobs in advanced manufacturing.
The Coalition is committed to supporting regional Australia and as part of that commitment it is essential we help regions such as Geelong and Corangamite unlock their potential by investing in key projects that support their economic future.
This $220 million pilot programme, being rolled out in 10 regional locations across the nation, has been designed to diversify regional economies —particularly those that have undergone large structural changes—to help drive economic growth and job creation in these communities.
The 21 organisations set to benefit from today's announcement highlight both the innovation and future business prowess of the region.
A range of projects will be delivered through this package including Australia's first commercial carbon fibre manufacturing facility, which will help drive regional innovation.
Projects also include the delivery of an ecotourism facility on the Great Ocean Road, a new additive manufacturing and engineering centre at Geelong's innovation precinct, and further investment in Geelong's Waterfront—all of which will provide jobs and support the region for years to come.
|Successful projects under the Regional Jobs and Investment Packages: Geelong region|
|Successful recipient||Project||Grant Approved|
|Lemond Composites Pty Ltd||Design and construction of Australia's first carbon fibre manufacturing facility using new reactor technology developed by researchers at Deakin University's Carbon Nexus Laboratory.||$5,000,000|
|COESR Pty Ltd||Development of an ecotourism destination and retail precinct at Lake Modewarre, which will form part of a larger scale 650 acre development.||$3,288,925|
|Conservation Ecology Centre Pty Ltd||Development of a new tourism experience at Apollo Bay
—Wildlife Wonders—where visitors will experience the native flora and fauna of the Otways in a natural setting with conservationists, guides and indigenous perspectives.
|Royal Geelong Yacht Club||Further development of the Geelong waterfront “Safe Harbour Precinct”, including building a new public pier, clubhouse, public facilities and event spaces.||$2,000,000|
|Flat Glass Industries Pty Ltd||Assisting Flat Glass Industries to transition from automotive glass manufacturer to manufacturing high performance architectural glass.||$1,980,197|
|Conflux Technology Pty Ltd||Construction of an Additive Manufacturing & Engineering Centre (AMEC) at the Geelong Innovation Precinct to ensure a supply of highly skilled professionals specialising in the additive manufacturing.||$1,029,464|
|Pure Ponics Pty Ltd||Expansion of the fish and plant aquaponics growing areas to increase capacity and pave the way for future expansion.||$720,500|
|EMU (Aus) Pty Ltd||Installation of new equipment to increase production of sheepskin footwear.||$545,826|
|CMTP Pty Ltd||Installation of a new automated timber resaw system to increase local production of timber products.||$500,000|
|York Sourdough Pty Ltd as trustee for York Sourdough Unit Trust||Establishing a jun kombucha brewing facility to provide local production of a range of probiotic drinks for local distribution and a view to developing products for export.||$500,000|
|Anglesea Surf Lifesaving Club Inc||Redevelopment of the club house at Anglesea SLSC to provide enhanced operations and training facilities, community amenity and event spaces.||$500,000|
|36T Pty Ltd||Establishment of an advanced manufacturing facility for the production and export of carbon composite bicycle wheels.||$309,442|
|McMeckan Consulting Pty Ltd as trustee for The McMeckan Family Trust||Construction of an outdoor cooking and instruction facility to add tourism attraction to Basil Farms and the Swan Bay area.||$300,000|
|Capricorn Power Pty Ltd||Manufacture of an innovative high-efficiency engine to convert waste heat to electricity—the Barton engine—as a pilot project.||$292,750|
|Colac Otway Shire||Implementation of Lake Colac Master Plan Stage 1 to improve amenities, community infrastructure and to provide additional attraction for tourists.||$250,000|
|Australian New Energy Pty Ltd||Installation of new equipment to increase packing capacity of waste wood and fibre products.||$205,181|
|Australian New Energy Pty Ltd||Installation of new equipment to increase production of waste wood and fibre products.||$162,227|
|Homestead Australia Pty Ltd||Expand and upgrade the tourism offering at Tarndwarncoort (Tarndie) heritage homestead by expanding accommodation, providing public amenities and event spaces.||$145,000|
|CPS (Colac) Pty Ltd as trustee for CPS Trust||Installation of new equipment to allow for dye- sublimation fabric printing, which will increase local garment production and reduce reliance on imported products.||$100,000|
|DRW Investments Pty Ltd||Installation of workshop equipment that will promote heavy vehicle safety and increase local capacity to service heavy vehicles.||$95,000|
|Teamworks Performance Pty Ltd||Upgrades to the TWP manufacturing facility which will improve local garment manufacturing and reduce the need to source garments from overseas.||$70,000|