25 new manufacturing jobs for Hunter
The NSW government has announced it will assist a specialist engineering company to establish a manufacturing facility in Newcastle. The partnership will create 25 new jobs, with flow-onbenefits expected.
Minister for Regional Development, Skills and Small Business John Barilaro said Hofmann Engineering will deliver 25 jobs over three years with financial support from the NSW Government’s Regional Industries Investment Fund (RIIF).
Hofmann Engineering manufactures a range of heavy industrial equipment and parts for energy, mining, defence and aerospace operations. The government’s investment will help offset up-front costs involved in getting a major facility up and running, away from its established operations in interstate.
Hofmann engineering expects products from its Newcastle operations to compete with manufacturers in Europe and the US, as well as China and India. Exports will make up 20 per cent of its sales from Newcastle within three years.
Other Articles from this issue
Will exiting your business achieve its sole purpose?
One of the major risks we come across with business owners is a lack of diversification of their wealth.
University of Newcastle NeW Space Precinct set to bring new life to Newcastle CBD
Whilst there are an increasing number of important projects underway and planned for the Newcastle CBD, the University o...
Revitalisation of Newcastle gaining momentum
With a wide range of projects recently finished, under construction and planned, the revitalisation of Newcastle is quic...


