Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Qld munitions forge receives support from local government

nioa rheinmetall jv forge

Joint venture partners NIOA and Rheinmetall AG’s proposed $60 million, world-leading munitions forge and advanced manufacturing facility has received support from the Fraser Coast Regional Council. 

Joint venture partners NIOA and Rheinmetall AG’s proposed $60 million, world-leading munitions forge and advanced manufacturing facility has received support from the Fraser Coast Regional Council. 

The $60 million best-practice forging and advanced manufacturing facility was designed to produce artillery shells and other munitions products for the Australian Defence Force and export to select foreign strategic partners. 

Advertisement
Advertisement

NIOA managing director Robert Nioa said, "I’m very proud to be able to bring a project of such important economic benefit back to my own home town. The long-term and highly skilled jobs at the Maryborough facility will be transformational for the region."

The high-tech facility will bring significant new investment to the region with the creation of up to 100 direct, long-term and highly skilled jobs in Maryborough and the surrounding Fraser Coast.

SPONSORED CONTENT

 

Substantial flow-on effects will also create many more indirect jobs and benefits across the region in the retail, property, transport, child and healthcare sectors.

"The Maryborough facility will help transform the region by creating long-term jobs directly and indirectly, boost the region’s economic and manufacturing base and provide a solid economic foundation for growth in education and skills, leading to a diversified workforce," Fraser Coast mayor George Seymour said.

The council has been working closely with the Rheinmetall/NIOA joint venture company to develop a package to attract them to the region. This involves a suite of incentives, including:

  • Investment facilitation and co-ordination assistance;
  • Deferred payment arrangements; and
  • Waiving infrastructure fees.

"The council have been very supportive of the proposed facility, and have been fantastic to work with, making it very easy to do business. It is great to see an increasing level of economic activity returning to the Fraser Coast region," Nioa said.

Qld munitions forge receives support from local government
NIOA-Rheinmetall-JV-Forge.jpg
lawyersweekly logo

more from defence connect

Jul 3 2020
Defence strategy is a good beginning, but there needs to be more support
When viewed in isolation, the recently announced Defence Strategy Update and supporting $270 billion...
Jul 3 2020
Strategist concurs, it is time for Australia to defend itself
Acclaimed defence policy expert Paul Dibb, author of the 1986 Dibb report, has applauded the Prime M...
FROM THE WEB
Recommended by Spike Native Network