The Morrison Liberal Government has announced a $1.76 million grant to Marand Precision Engineering to boost defence manufacturing capabilities at North Geelong.
Senator for Victoria Sarah Henderson congratulated Marand, who are receiving the grant as part of the Morrison Government’s $2.5 billion Modern Manufacturing Strategy.
“This vital grant will enable Marand to develop an integrated welding centre for advanced steel alloys here at North Geelong,” Senator Henderson said.
“This project will implement a welding centre with hardware, software and ancillaries to enable the ‘survivability of modern military platforms using high-grade ballistic steels’.”
“This will fill a significant gap in the nation’s military manufacturing capacity and provide potential export opportunities for future projects.”
The majority of manufacturing work for the project will be based at the North Geelong site, with additional work completed at Marand’s Moorabbin site.
The project is designed to align to the Defence National Manufacturing Priority road map.
Liberal Candidate for Corio Manish Patel said this $1.7 million announcement represents another very significant investment by the Morrison Government in local manufacturing.
“With unemployment in Geelong at just 1.9 per cent, I am delighted about the many ways in which the Morrison Government is supporting the people of Corio.”
The Morrison Government is backing the Geelong region for significant national defence work. The grant to Marand comes hot on the heels of the commencement of the Howitzer defence project at Avalon Airport.
Hanwha Defense Australia is constructing a $170 million armoured vehicle centre of excellence facility for the $1 billion defence project which will create at least 300 jobs, including 100 construction jobs.
Only the Morrison Government will continue to deliver a better future for Corio, and this is part of our plan to build a strong economy and a stronger future.
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21 April 2022