The Victorian government has announced its support for manufacturing companies that choose to expand their operations or establish their global operations in Dandenong, Victoria.
Backed by the state’s labour department, leading companies in the industry— including Nissan Casting Australia, 3D printing manufacturer Spee3D and skincare giant BWX— have allocated a combined investment of more than $150 million into the region.
This comes as the Victorian suburb shapes up to be an advanced manufacturing growth centre that facilitates production excellence and serves as a magnet for investment and high-skilled jobs.
The total expansion funding is expected to create 230 new local jobs in the area.
Nissan Casting Australia has invested $15.5 million to expand its Dandenong South facility, which produces aluminium die-cast components used in Nissan’s electric vehicle models sold around the world.
Located 35 kilometres from Melbourne’s central business district, Greater Dandenong is the most culturally diverse community in Victoria, with residents from over 160 birthplaces around the world, according to the state’s press release.
“We support advanced manufacturers in Dandenong and around the state so they can expand and create secure jobs for Victorians,” said Ben Carroll, minister for industry support and recovery.
“Dandenong is a success story of innovation and good investment – and we will continue to back the region so it can fulfil its cement itself as one of the key advanced manufacturing precincts in Australia,” Carroll added.
“Advanced manufacturing is going from strength to strength in Dandenong and we’re backing the area to cement its place as a nation-leading hub for high-skill jobs and investment,” Member for Dandenong Gabrielle Williams said.
The Victorian state government recently launched its $2 billion Breakthrough Victoria Fund and the $40 million Victorian Industry Investment to help the state’s advanced manufacturers grow, innovate and boost the creation of new jobs in the region.
Victoria’s industrial sector contributes around approximately $30 billion to the state’s economy each year, providing more than 27 per cent of the nation’s manufacturing output.