Two local Morwell businesses have received funding today under the Latrobe Valley Economic Facilitation Fund.
Onsite Machining and Pipeline Services and Dynamic Industries Gippsland will receive funding to create a total of 34 new jobs and support about $1.5 million in investment.
Onsite Machining manufactures components for the power, mining, oil and gas industries. Its workforce will grow by 20 full-time staff in the next three to five years as it builds a new valve maintenance workshop and renovates existing premises.
Dynamic Industries is a small manufacturing business with eight employees that provides powder coating services to 60 local businesses across the Latrobe Valley and Gippsland. It will use the grant to build a new facility and create 14 new jobs.
The Latrobe Valley Economic Facilitation Fund aims to help businesses grow, attract and facilitate new private investment and boost their export potential.
Last updated: October 26, 2017