Australian auto suppliers expanding their frontiers
Ten Australian automotive suppliers will expand their product and customer range as a result of grants totalling $6.5 million under the joint Federal, Victorian and South Australian Government $30 million Automotive New Markets Program (ANMP).
The ANMP is designed to help automotive component makers develop new business opportunities both domestically and overseas. This program will help automotive component producers win work in the global supply chains of automotive manufacturers and develop new domestic markets beyond the automotive sector.
Federal Industry and Innovation Minister, Greg Combet, said: "It is vital that our automotive components suppliers find new markets for their innovative products."
"These grants will assist firms to develop a range of exciting new capabilities including robotics, precision components, accident avoidance and high-intensity floodlighting."
Projects funded include:
- automotive braking components for the Asian region;
- next generation large-scale photovoltaic solar plants specifically designed for Australia's remote regions; and
- new technologies for the production of complex components for the automotive, aerospace, defence and mining sectors.
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.
Victorian Minister for Manufacturing, Exports and Trade, Richard Dalla-Riva, said: "The capabilities will be applied to diverse sectors including defence, aerospace, mining and transport and logistics."
"The grants enable our automotive suppliers to build their commercial base while maintaining the capacity to service existing automotive customers."
South Australian Minister for Manufacturing, Innovation and Trade, Tom Koutsantonis, said two South Australian companies received grants worth a total of $1.18 million in the initial round of funding.
"The auto industry is fundamentally important to the future of Australia's manufacturing sector," Mr Koutsantonis said.
"Assisting component makers to diversify and scale up will ensure South Australia continues to have an advanced and innovative manufacturing industry well into the future.
"The initial round of applications made under the $30 million four-year ANMP has demonstrated that there is a determination in our automotive industry to diversify operations and the strength to make it happen."
The ANMP is jointly funded by the Australian and Victorian Governments and is administered in conjunction with the South Australian Government.
The ANMP is part of the $35 million Automotive New Markets Initiative. Further information can be found at www.innovation.gov.au/anmi.
|Grant recipient||Project summary||Grant amount|
|Australian Arrow Pty Ltd||Commission full service local electrical wiring harness design, engineering & manufacture||$1,000,000|
|Australian Precision Technologies Pty Ltd||The introduction of leading edge technology for the production of complex components for the automotive, aerospace, defence and mining sectors||$650,000|
|Backwell IXL Pty Ltd||Provide Australian made parts for the installation of the next generation of large-scale PV solar plants specifically designed for Australia's remote regions||$860,000|
|Ceramet Pty Ltd||Solar energy component project||$400,000|
|Chassis Brakes International (Australia) Pty Ltd||Design and validate automotive braking components for the Asian region||$1,000,000|
|Hella Australia Pty Ltd||High intensity LED flood lamp||$500,000|
|MtM Pty Ltd||Development, engineering and manufacture of Tomcar in Australia||$400,000|
|Precise Global Pty Ltd||Development of niche services aligned to core capability and commercialisation of own products||$600,000|
|Quality Plastics & Tooling Pty Ltd||The acquisition of electric moulding machines with robotics and automation||$580,000|
|Robert Bosch (Australia) Pty Ltd||Development of a potentially lifesaving Backover Avoidance System||$500,000|