Ten Southland engineering firms receive Provincial Growth Fund boost

Ten engineering firms in Southland are receiving a total of $2.13 million in Provincial Growth Fund funding to lift productivity and create new jobs.

Regional Economic Development Minister Shane Jones announced in Invercargill that the 10 engineering and manufacturing firms would receive funding to assist them with buying equipment that would lift productivity and create 57 new jobs in the sector.

"Today builds on recent announcements made in Dunedin to support Otago's engineering and manufacturing sector and further enhances the work of the Southland and Otago Engineering Collective (SOREC) which is working on ways the sector can collaborate," Minister Jones said.

JK's Engineering will receive $500,000 to purchase a Computerised Numerical Control (CNC) Beamline Machine to help their work with workshop expansions and earthquake strengthening for local businesses.

FI Innovations will receive $370,000 towards equipment that will allow them to purchase a large scale 3D printer which will be a game changer for designing innovative and timely solutions in New Zealand.

A $250,000 fund will be given to Yunca for the Invercargill and Dunedin company to buy new equipment and create an extra 16 jobs for this domestic home heating appliances manufacturing business.

Bluff Engineering and Welding receives $77,500 to buy five pieces of equipment to lift productivity for their clients in the maritime, farming, transport and construction industries. While Zenitec will receive $130,000 to buy equipment that will remove production line bottle necks in this Southland family owned business that services the arboriculture and forestry industries.

Stabicraft will receive $225,000 to accelerate productivity, bring more processes in-house and create 12 new jobs to build more aluminium-chambered vessels for their commercial and domestic clients.

Light-medium engineering firm Sheet Metalcraft will receive $132,500, the company specialises in sheet metal fabrication, site fitting, and laser and waterjet profile cutting in a range of industries.

Engineering and electrical company EIS will receive $55,000 to create eight more jobs so that it can deliver its fibre-optic services more effectively.

And Southern Steel Windows Ltd will receive $250,000 towards four specific pieces of engineering equipment that will increase productivity and create new jobs. This company specialises in the design, manufacture, and installation of architectural and commercial steel joinery, including fire-rated windows, fire doors, security doors and windows.

In total, Minister Jones has announced more than $4 million of PGF support for Southland in the engineering and manufacturing, and aquaculture sectors and for skills and employment training.

"It's great to see these neighbouring regions working together to create more highly skilled jobs, take their businesses to the next level and better connect and support apprentices in the sector,” he said.

 

 

https://www.stuff.co.nz/national/117776183/southland-engineering-firms-get-213-million-in-pgf-funding

Please check your e-mail for a link to activate your account.