Martin Pakula, Minister for the Victorian Government, announced a $1.36 million ‘Smart Enough Factory’ program designed to support small to medium-sized businesses operating in the defence sector.
We are delighted to reveal that Ronson Gears will be participating in the pilot program along with other selected companies including Australian Precision Technologies, APV Corporation, AW Bell and Heat Treatment Australia.
So what is the aim of the funding and how will it be used to assist participating businesses?
The funding will be aimed at supporting design and manufacturing processes such as:-
- Adopting digital technologies
- Overcoming barriers such as costs, skill shortages, and security vulnerabilities
- Help identify and create opportunities in the defence chain
- Boosting Industry 4.0 capabilities
The full-scale program will run from the end of the year for an initial 3 years. It’s an initiative designed to boost a sector that already contributes $8.4 billion to the state’s economy and employs 24,000 people in over 6,300 businesses.
Martin Pakula said “This program will help businesses to grow and transform, supporting jobs and economic growth and cementing Victoria’s status as the advanced manufacturing capital of Australia.”
Ronson Gears are delighted to be selected for the pilot program and believe it will help build on our success in the sector.
An attached PDF to this link provides more detail about the program and participating….