$20.5 million awarded to Qld manufacturers from latest round of MiQ

• New milestone for Made in Queensland Grant program
• Latest Round 5 poured $20.5 million into Queensland manufacturing
• MiQ funding is supporting almost 9,500 jobs over five years

Local manufacturers continue to benefit from Made in Queensland grants as $20.5 million is awarded to 33 manufacturing projects across the state as part of Round 5.

Over the next five years, 2,380 jobs will be created and supported and almost $51 million in private investment generated.

In addition, 18 of the 33 projects are in Regional Queensland, ensuring local economies outside the southeast corner benefit from business growth, jobs growth and wages being spent in the local community.

MiQ funding supports Queensland-based manufacturers to adopt manufacturing 4.0 processes, practices and equipment allowing them to start projects that include energy efficiency, export, reshoring, supply chain improvements, sustainability and decarbonisation.

Bundaberg business Aletek was awarded $1.36 million in Round 4 to purchase and install a punch/laser combination machine, hydraulic press, flatbed cutter and handheld 3D scanner.

This equipment has allowed them to expand their product line, onshore steel fabrication, and employ 15 new staff, taking their total workforce in the region to 89 employees.

The Palaszczuk Labor Government’s 2023-24 Budget invested $32 million in the MiQ program.

Quotes attributable to Regional Development and Manufacturing Minister, Glenn Butcher:

“This job generating program has a total investment of $101.5 million, with 136 projects already receiving a grant. 

“Jobs in manufacturing are good, secure jobs. That’s why the Palaszczuk Labor Government backs this program, we are supporting our manufacturers to go to the next level each and every day.”

Further Information:

Information on Made in Queensland grants is available on the DRDMW website.

ENDS

Media contact: Lizzy Aboud – 0474 811 004