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24 Jan 2023 Investment Financing

Advanced Manufacturing Growth Centre throws support behind first Big Rivers proponent

A Big Rivers business will become a leading supplier of kitchen products for the Northern Territory, after Katherine Joinery received support through the Advanced Manufacturing Ecosystem Fund (AMEF).

The co-investment will see Katherine Joinery add stainless-steel forming and laser cutting to its in house services, expanding its capabilities to include the design and manufacture of modular stainless steel products.

This will reduce customer lead times, increase product quality and remove the need to import similar products and carry out additional alterations needed to satisfy local design regulations.

It will also allow Katherine Joinery to develop and produce cost-competitive kitchen and wet area solutions, tailor-made for remote housing builds.

The project received a $104,102 co-investment as part of the $7.5 million Northern Territory AMEF, administrated by the Advanced Manufacturing Growth Centre.

Major Projects Commissioner Jason Schoolmeester said “The Advanced Manufacturing Ecosystem Fund is generating new and competitive supply chains in the Territory through business and industry collaboration.

It’s also creating local jobs and growing local skillsets.

The Territory has a proud history of smart innovation and the Advanced Manufacturing Ecosystem Fund is providing new pathways for businesses to access co-investment to grow our economy for the future.”

Katherine Joinery will match the Territory Government’s contribution dollar-for-dollar.