Lithgow’s Lite Corp Pty Ltd packaging plant will boost its end-to-end manufacturing process thanks to a $196,087 grant from the NSW Government’s Regional Job Creation Fund.
The funding will allow the company to upgrade its existing plant and machinery, grow the factory’s production capacity and expand its product line, creating 10 local jobs over the next three years.
Acting Premier and Minister for Regional NSW Paul Toole said the environmentally sustainable operation, which makes honeycomb cardboard for packaging, printing and construction, is a key and growing local employer.
“Lite Corp has identified several high value opportunities with new customers that the current factory doesn’t have the capability to meet, so this funding will let the company harness that potential and take an exciting step forward,” Mr Toole said.
“The company will be able to overcome its resource and equipment constraints, grow production capacity, grow jobs and keep manufacturing in-house from Australian made products.”
Mr Toole said Lite Corp Pty Ltd is one of 86 innovative projects that will turbocharge job creation and stimulate regional economies under Round Two of the Regional Job Creation Fund.
“This fund is turbocharging job creation by helping businesses fast-track their growth plans, supporting them to purchase equipment or extend their premises and operations, and providing work for job seekers, local tradies and suppliers,’ Mr Toole said.
“The $140 million Regional Job Creation Fund is on track to create more than 6,500 new direct jobs in regional NSW by helping businesses expand production and provide incentives to move operations to regional areas.”
Lite Corp Business Manager Matthew Dorhauer said the company is thrilled to have been awarded the grant.
“These funds will enable us to expand our operation through the purchase of additional machinery and in turn create new roles for workers to operate them,” Mr Dorhauer said.
“We will be able to add new offerings to our growing list of environmentally sustainable customer solutions, particularly in the eco-friendly packaging space.”
Under the Regional Job Creation Fund, eligible businesses could apply for grants to support the purchase of new equipment, expand facilities, create new iconic tourist experiences and visitor attractions or relocate businesses from out of state to regional NSW, which will lead to the creation of new jobs.
For more information go to: www.nsw.gov.au/RJCF