A Tennyson-based telecommunications manufacturer will introduce advanced, highly specialised testing equipment and manufacturing techniques to Queensland thanks to a $463,425 MiQ funding from the State Government.
EM Solutions will invest the MiQ grant to bring in new technology to boost their productivity in designing market-leading microwave, radio and satellite telecommunications products, Member for Miller Mark Bailey said.
“The new equipment and manufacturing techniques will further bolster the company’s ability to compete globally, which will result in more jobs for locals here in Brisbane’s south.
“The Palaszczuk Government is invested in manufacturing in Queensland because we know how important the sector is when it comes to employment and our economy.”
The MiQ funds will allow the company to offer employment opportunities to 14 high-skilled workers over five years and increase their international competitiveness and support company growth, EM Solutions CEO Rowan Gilmore said.
Minister for Manufacturing Cameron Dick said that since 2017, MiQ has supported around 75 projects across Queensland to help local manufacturers expand, upskill and employ.
“The grants, which are matched by the manufacturers, will help create more than 930 new jobs over the next five years and are expected to generate approximately $92 million in private sector investment.”
The Made in Queensland (MIQ) program is an initiative of the State Government with the purpose of supporting small to medium manufacturers adopt new technologies and generate jobs for the future.
Since 2017, the MiQ grants have supported 75 advanced manufacturing projects across the state with around 40 percent being delivered in regional Queensland and are expected to generate about 370 jobs over the next five years.
The total value of all MIQ grants should not exceed $2.5 million for each entity, including its associated entities, across all rounds of the program.