The Morrison Government is backing Queensland manufacturers to grow their business, create more jobs and compete internationally as part its plan for a strong economy and stronger future.

Eight innovative Queensland business will share in $45 million of funding under Round 2 of the Integration and Translation Streams of the Modern Manufacturing Initiative (MMI).

Successful recipients include Fenner Dunlop Australia, which will receive up to $6 million for a $49.7 million project to establish a new sustainable factory in Brisbane. The funding will enable the company to manufacture a range of conveyor belt products at globally competitive prices through state-of-the art manufacturing technologies.

The facility offers access to critical customer bases in mining and associated industries across Queensland and New South Wales and will position Fenner Dunlop as a single source provider of end-to-end services of engineered conveyor systems for mining customers.

The project will create 216 new skilled jobs in Queensland, strengthen domestic supply chains and displace Chinese imports.

Minister for Industry, Energy and Emissions Reduction, Angus Taylor said Queensland was at the forefront of modern manufacturing in Australia.

“Our Modern Manufacturing Strategy will accelerate job creation and support a strong, modern and resilient economy which is better able to respond to a rapidly evolving geopolitical landscape,” Minister Taylor said.

“That’s why we’re backing businesses to grow our manufacturing sector. From making hypersonic target drones, the commercial manufacture of vaccination patches and world-leading resources technology for our mining sectors, securing our sovereign capability is critical to our plan for a strong economy and a stronger future for Australia.

“The election is a choice between a Coalition Government which delivers a strong economy that enables investment in Australian manufacturing capability, or a Labor-Greens government that will weaken the manufacturing sector by making Australia a harder place to do business with higher taxes and higher energy costs.

“It’s a disastrous recipe that will make Australian industry less competitive and push Australian jobs offshore, just like the last time Labor was in office when 6,800 manufacturing businesses closed their doors.

“With global uncertainty including a war in Europe and rising tensions in the Asia Pacific, we cannot afford to put Australia’s manufacturing security at risk.”

Other projects funded under the latest round of MMI include:

  • Vaxxas will receive up to $8.2 million to build, install, commission and validate a manufacturing line for its proprietary aseptic fill and finish process, which will further advance its vaccine coating, device sealing and quality control technology. This investment will support the creation of 29 new highly-skilled jobs and initiate commercial manufacture of Vaxxas’ technology in Australia.
  • Elexon Mining will receive up to $2.8 million to transform their Geo4Sight (G4S) product. G4S tells mines where movement is occurring inside the slope, far behind the visible surface, giving much earlier warning of movement than a surface-monitoring radar allowing mine operators and engineers to help mitigate safety risks. This investment will take G4S from pioneering solution to a mature product which is Australian-developed and Australian-manufactured technology being used in hundreds of mines worldwide.
  • Quality Plastic Products will receive $1 million to scale up production capability at QPP's new factory to manufacture plastic products from recycled feedstocks, enabling access to a new market. It will enable QPP to produce a plastic pot with 30 per cent less CO2 emissions for IKEA as the initial customer.
  • Stanbroke Beef will receive up to $9.9 million to increase its throughput, product offerings and participation in various value chains by constructing an innovative state-of-the-art value-add facility at its Grantham beef processing plant. The project will install new manufacturing equipment and deliver a range of innovative products to new markets in Australia and overseas. It will also onshore processes to increase the value of secondary cuts in Australia, resulting in further flow on benefits to Australian graziers while directly creating 112 jobs in regional Queensland.
  • Boeing Defence Australia will receive up to $6.9 million to create a world-leading Additive Manufacturing Centre that combines sovereign design and manufacturing capability, allowing the onshore design and production of a wide range of innovative products for aerospace, defence, and civil sectors – including satellite and lunar terrain vehicles components.
  • Craig International Ballistics will receive up to $1.8 million to invest in Australia’s first automated high pressure composite panel manufacturing line for large-format, complex ballistic product manufacturing. As the only large format hydraulic press in the region, this investment will be unique to Australia, providing a significant increase in export sales and will see the business employ and skill 56 new staff.
  • Hypersonix Launch Systems will use its $8 million in funding to demonstrate Australia’s sovereign capability in the manufacture of a hypersonic target drone technology demonstrator using additive engineering. The project will deliver a flight-ready hypersonic drone suitable for multiple missions that can be launched using a sounding rocket.

The MMI is a key part of the Morrison Government’s $2.5 billion Modern Manufacturing Strategy which is helping Australian manufacturing scale-up, become more competitive and resilient, driving jobs and skills, realising economic growth and developing new products and services to improve the lives of Australians.

Only the Coalition has a plan to continue delivering a strong economy and a stronger future for Queensland.