Hon Michael Mischin LLB (Hons) BJuris (Hons) MLC

Hon Michael Mischin LLB (Hons) BJuris (Hons) MLC

Former Attorney General; Minister for Commerce

Hon Terry Redman MLA

Hon Terry Redman MLA

Former Minister for Regional Development; Lands; Minister Assisting the Minister for State Development

    Facilitating a competitive WA defence supply sector

    24/05/2016 10:35 AM
     
    • 16 WA SMEs to receive share of more than $350,000 to up-skill and diversify
    • A mix of companies looking to secure a share of the $89 billion in defence works
    • IFSP has provided $4.4 million to 257 SMEs contributing to 565 jobs since 2011 

    Metropolitan and regional businesses across Western Australia will share in more than $350,000, as part of the defence-specific round of the State Government's Industry Facilitation and Support Program (IFSP).

     

    Commerce Minister Michael Mischin said the assistance would enable the 16 small and medium-sized businesses to improve their competitiveness to secure work related to the Australian Government's multi-billion dollar defence programs.

     

    "The successful recipients will use this funding to up-skill and diversify their business base, including purchasing new equipment, upgrading facilities, and contracting finance and marketing experts," Mr Mischin said.

     

    "The program will help these businesses to be in the best position possible to bid for defence-related contracts.  It is pleasing to see a number of the companies have taken the opportunity to access this funding to help transition into the defence space.  For example, Award Signs in Bellevue will expand its premises to create more space and purchase a latex printer.

     

    "Award has been reliant on the resources sector for a number of years and with the change from construction to operation, the company is now looking to supply other areas including defence.  This direct investment into their business will boost its capacity to respond to current and future customer needs." 

     

    Regional Development Minister Terry Redman said the State Government's Royalties for Regions program contributed $130,000 to this round.

     

    "This dollar-for-dollar industry assistance program has supported 257 Western Australian-based SMEs to win 539 major contracts valued at $313 million since 2011," Mr Redman said.

     

    "IFSP has been an extremely successful program with the State Government's $4.4 million investment in local industry, resulting in hundreds of millions of dollars in major contracts that have created 565 new jobs, including 66 apprenticeships."

     

    Fact File

    • The IFSP is administered by the Department of Commerce in collaboration with the Australian Industry & Defence Network - Western Australia
    • WA is home to more than 150 design, support and service companies which support manufacturing for the local maritime, defence and resource sectors
    • In 2013-14, defence contracts in WA totalled an estimated $624 million, creating up to 3,000 jobs
    • IFSP defence round recipients below

    Commerce Minister's office - 6552 5600

    Regional Development Minister's office - 6552 6700

     

    IFSP Defence Round Recipients

     

    Award Signs (WA) Pty Ltd (Bellevue) - $24,105 to upgrade their premises and to purchase a latex printer

    IKAD Engineering Pty Ltd (Bibra Lake) - $30,000 to purchase a welding machine, roll plates, gas monitors and lathes

    COSA Group Rentals (Bibra Lake) - $4,353 to purchase equipment

    Overflow Industrial Pty Ltd (Bunbury) - $20,092 to purchase fibre optic termination and testing equipment

    Avid EPG Group (Forrestfield) - $15,500 to upgrade existing manual bending and punching equipment

    GCo Electrical (Geraldton) - $30,000 to improve internal business infrastructure systems

    Wiltrading STACE Defence Pty Ltd (Henderson) - $24,900 to purchase camera equipment and upgrade the Customer Relationship Management system

    Kulin Group Pty Ltd (Henderson) - $13,400 towards strategic marketing services

    ScafWest Pty Ltd (Lansdale) - $30,000 towards strategic marketing services and equipment for an extra MOSY truck

    Fox Transportables Pty Ltd (Malaga) - $10,617 to employ an accountant for financial and business planning; and to purchase a new static line and power tools

    Western Advance Pty Ltd (Malaga) - $13,000 towards promotional activities

    Watmarine Engineering Pty Ltd (Naval Base) - $30,000 to purchase lathes and a forklift

    Fortis Consulting (Perth) - $29,088 to upgrade internal infrastructure

    Indigo Cabinets Pty Ltd (Wedgefield, Pilbara) - $30,000 to purchase an edgebander

    Pilbara Towing & Tilt Tray Services (Port Hedland) - $26,590 to purchase a super tilt tray

    Pilbara Landscapes Pty Ltd (Port Hedland) - $19,250 to purchase an excavator