Engineering companies in Southland and Otago get PGF boost
Published: Oct 16, 2020
- News and announcements
Two engineering companies will receive a total of $329,885 Provincial Growth Fund (PGF) investment to increase their productivity and create more jobs in the Southland and Otago regions.
The companies are part of the Southland Otago Regional Engineering Collective (SOREC) set up to reinvigorate the engineering sector, through collaboration and building capability.
Dart Engineering (2006) Limited (Dart) offers a diverse range of high-quality engineering solutions in Queenstown. Currently, Dart is unable to meet demand and is having to outsource work to other regions due to its limited production capacity. The company has set up a new workshop in Dunedin and will purchase two pieces of equipment, so the company can take on more projects and increase production.
Dart will receive $179,885 PGF support for its Dunedin workshop to purchase a Durma CNC Brake Press and an Air Vantage Site Gen-Set. The project is expected to produce seven new roles once the equipment has been installed and this will expand to 11 roles by the end of the year. This is in addition to the 12 staff currently working in Dart Engineering’s Queenstown branch, and four in its Dunedin branch. Seven temporary staff will also be employed through the construction phase of the project.
TRU-BILT Industries Limited (TRU-BILT) designs and manufactures door, lock and safety systems with locations across the country.
The $150,000 PGF investment is so three new pieces of equipment can be installed at TRU-BILT’s Dunedin site.
The three pieces of equipment are a CNC Bandsaw, CNC Press Brake and a CNC Plasma Cutter. The new equipment will create three new sustainable jobs.
The Provincial Growth Fund has invested over $7 million in to SOREC engineering companies since it was set up late last year enabling numerous jobs to be created and the engineering sector to buy new equipment and increase its productivity and growth levels.