EXPANSION: Premier Lara Giddings and Economic Development Minister David O'Byrne with Currawong Engineering staff Gavin Brett and Jason Suter at Kingston.
A KINGSTON engineering firm will put on 12 workers and look to expand its business locally and overseas on the back of a Government cash injection.
Currawong Engineering will invest $65,000 in a new production mill, which it hopes will open up new markets at home and abroad.
Currawong Engineering chief operating officer Ken Hosking said the new machine had been made possible through funding from the Tasmanian Government Innovation and Investment Fund.
"We build quite niche products. America is our main market now but we hope to grow locally," Mr Hosking said. "Southeast Asia will also be a market for us."
Currawong Engineering was one of 25 businesses from around the state to share in $3.5 million.
From honey producers to engineers, grants of up to $250,000 are expected to create a total of 350 jobs in the state.
There were 89 applications for the second round of the Tasmanian Government Innovation and Investment Fund, which Premier Lara Giddings yesterday said showed the strength of confidence in businesses wishing to expand.
She said the recipients of the grants were diverse, but food production dominated with about 60 per cent of the successful applicants from agriculture.
Economic Development Minister David O'Byrne said it was a difficult time for many businesses.
"Tasmania's economy is transitioning because the world markets we sell to are changing," he said.
The full list of successful businesses:
- BHT Pty Ltd ($92,500)
- Blokker Freesias Tasmania ($145 000)
- Blue Hills Honey ($89, 976)
- Burlington Berries ($250,000)
- Christmas Hills Raspberry Farm ($100,000)
- Daly Gourmet Potatoes ($155,000)
- Damen Farming ($50,000)
- Denman Marine Pty Ltd ($15,000)
- Houston's Farm ($228,000)
- Miellerie The House of Honey ($42,490)
- Naturally Blue ($70,000)
- Nichols Poultry Pty Ltd ($250,000)
- Petuna Pty Ltd ($250,000)
- Pipeclay Oysters ($85,000)
- Priority Supplies ($135,000)
- Ranicar Pacific ($175,000)
- SFM Forest Products ($59,000)
- Southern Prospect ($250,000)
- Status Technologies Pty Ltd ($185,000)
- TasConnx ($228,750)
- Tassal Group Limited ($250,000)
- Van Diemen Aquaculture ($130,000)
- W Dunbabin & Sons ($125,000)
- William McHenry & Sons Distillery ($69,000)
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