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ABGF boosts advanced carpet manufacturer Modra with new investment

The Australian Business Growth Fund (ABGF), Australia's only dedicated growth capital fund for the SME sector, announced its 12th investment into an Australian business—Modra, a family-run advanced manufacturer renowned for its globally recognised carpet solutions based in regional Victoria.
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.