A lift for lolly manufacturing
Published: 19 May 2017
Former automotive workers will help to manufacture lollies in Melbourne's north thanks to Victorian Government funding.
Prydes Confectionery in Broadmeadows has received a Local Industry Fund for Transition (LIFT) grant to help the company take on new 50 workers, including 11 positions identified automotive workers.
The company will begin a $4 million expansion to improve production and increase its domestic and export turnover.
The investment also safeguards Prydes Confectionery's existing employee base.
Established in the 1930s, Prydes manufactures more than 60 million packets of confectionery a year and its product range includes aniseed stars, black jelly beans, hard jubes and retro and boiled sweets.
Victoria accounts for almost half of Australia's confectionery exports, producing $145 million worth of goods every year.
LIFT funding is also being provided to two other companies – Parthenon Marble in Melbourne's north and Composite Materials Engineering in Melbourne's south-east – to invest in their operations and create an additional 45 new roles, all suitable for former automotive workers.
The LIFT program is helping businesses expand their operations and create new jobs in communities hardest hit by the closure of automotive manufacturing.
To date, LIFT has supported 32 projects from Victorian based manufacturers that are expected to create 781 new jobs, including 633 suitable for former automotive workers. More information about LIFT and expressions of interest is on the Business Victoria website