The Victorian Head of the Australian Industry Group (Ai Group), Tim Piper, said the announcement was recognition by the Government that support should be provided, especially where industry is in transition.
"With the further loss of jobs from the car industry and the difficulties manufacturers are experiencing with the high cost of gas and electricity, it is important that manufacturers are encouraged and supported to continue to develop and expand. Grants which assist in creating this expansion, maintaining employment and dealing with these imposts, are important to the economy," Mr Piper said.
Mr Piper said Ai Group hoped companies, which were confronted by a spike in energy costs, would be able to apply funding to improved efficiencies and to boost their competitiveness.
He also encouraged companies to make the most of the $90 million the Government has placed on the table.
Contact: Tim Piper – 0411 430 301