Last year, the Australian Government has announced 1.3 Billion grants called Modern Manufacturing Initiative (MMI) and National Manufacturing Priorities.

The purpose of the $1.3 Billion grants is to support Australian manufacturers to expand, connect and go to market with their products. Accordingly, the program will enable the participation of the private investment sector in the form of co-funding for large-scale projects. Thus, there will be three main streams within the MMI: Manufacturing Collaboration Stream, Manufacturing Translation Stream, and Manufacturing Integration Stream. Furthermore, all businesses can apply for grants with no size requirements.

The Collaboration Stream

This stream is specifically for very large projects. In particular, businesses need to go through 2 stages of application to determine their goal development and draw attention from investors. Stage 1 is an open process calling any expressions of interest. Then successful applicants are required to submit further proposed plans.

The Translation and Integration Streams

These two streams focus more on smaller projects that seek support. The Manufacturing Translation Stream will allow businesses to push ideas into practical action and make them potentially profitable.

The Integration Stream will help widen the network for manufacturers by enabling the integration into local and global markets. This offers brilliant opportunities for domestic manufacturing businesses to scale up quickly through fruitful relationships with suppliers worldwide.

Together with the Australian Government, Aon Ari Property also supports the local manufacturing and processing businesses through our disruptive space solutions. We offer premium industrial spaces that empower the creativity and innovation of manufacturers. We work wholeheartedly with the view to bringing back the manufacturing of Australia and make it happen right here in Penrith, Australia. Ultimately, we are in the business of enhancing people’s certainty and connections for the revival of homegrown manufacturing. On top of that, we would love to have the local Made in Penrith stamp that marks the standard of locally made products.

Source: www.industry.gov.au

Penrith used to be considered as the backwater of Sydney, located in the far west of the CBD. Now, Penrith has witnessed so many changes with the sights of the transformation in the new major industrial hub.

In recent years, Penrith City Council has approved numerous multi-million dollar industrial projects to form new precincts in Penrith. Furthermore, the city is the closest urban area to the upcoming airport, which indicates economic and social prosperity in the near future.

With major transport line linking to other suburbs in the convenient vicinity, Penrith residents now prefer to work closer to home. As a matter of fact, dwelling prices are significantly more affordable than in Sydney with similar standards. In addition, office space in Penrith is now upgraded to A-grade with open green spaces in the surroundings and industrial hubs just 20 minutes away.

The Council has implemented plans to revitalise the city centre. In particular, they are now working on the the former council chambers to transform them into premium office space. Besides, 12 million investment into building the city park is happening to bring the fresh new appearance for centre. Moreover, many property companies have now constructed and revived the manufacturing industry of Penrith.

A Sydney-based property group, Aon Ari Property, has moved a step closer to its planned $100 million development after lodging an application to create a dedicated area for micro and medium-sized manufacturers in the city’s west.

The 12-hectare industrial site, formerly owned by Crane Enfield Metals and still partly leased by Capral Aluminium, was bought by Aon Ari Property for $30 million in December 2020.

Aon’s application with Penrith City Council notes it will reposition and develop its property to accommodate a host of micro and medium-sized manufacturers, under a new banner – “Manufactor”.

Frasers Property Industrial has also announced their lately logistics and industrial estate project with an end value of $1 billion for the the site at Mamre Road in Kemp Creek, south-east of Penrith.

Without doubt, these huge projects will rebirth the once well-known manufacturing and producing industry with many products made locally in Penrith reaching out to the global markets.

Women In Industry Awards reward all Australian female talents for their accomplishments in a range of industries: mining, manufacturing, engineering, etc. The awards aim at promoting the profile of women within the industry for future growth.

In particular, there are 10 categories to choose winners: Excellence in Engineering, Excellence in Transport, Excellence in Manufacturing, Excellence in Mining, Mentor of the Year, Safety Advocacy Award, Industry Advocacy Award, Business Development Success of the Year, Rising Star of the Year and Social Leader of the Year. Last year, the awards were impressively successful with manufacturing being the leading industry where women have been increasingly participating. Especially, the winner for Manufacturing Industry was Rochelle Avinu, who had won the Victorian Manufacturing Woman of the Year in 2019.

“Often the manufacturing industry is portrayed as factory work, but there are endless opportunities in the industry in cross-functional disciplines, such as laboratories, quality, procurement and management, and leadership,” she said.

Without a doubt, the awards have been giving significant inspiration and encouraging females to follow their dreams and prove their talents. Manufacturing is now more ubiquitous regardless of gender.

This year, nominations open until 25 June 2021 for final round. The 2021 Women in Industry awards gala evening will take place on Thursday 17 August 2021. The awards are calling for Australian female talents to nominate and share their heartening stories in the industry and help to connect nationwide manufacturing businesses.

As a space invigorator, Aon Ari Property stands with the local female manufacturers who look for innovation and ever-changing technology to develop their own products. Wholeheartedly, we trust in woman power and how tremendously they can contribute to the heavy industry regardless of any preconceptions. Through reigniting spaces, we transform them into desirable centres that attract local people to join and grow with us.

If you are running a business and looking for warehouses and assembly spaces, leasing an industrial space can be perplexing sometimes. Thus, here are the top 4 tips for leasing industrial space.

Access and Loading Zone

Before looking to inspect an industrial warehouse, you should be clear in your mind where you want the space to be. This is essential as it can impact your whole supply and distribution chains depending on the accessibility of the space. In addition to access, the scale of your business might also indicate whethere you need large vehicle access and loading area for your goods. This needs to be identified at the early stage so you can calculate your rough budget.

Consider your utility requirements

After determining your space location, size and surrounding areas which are quite straightforward, it’s important to consider necessary utilities from the beginning. Upon your inspection, you need to ask for these to ensure such things as power wiring, roller doors, access, and security are up to your demand. Otherwise, you may run into risks of extra costs to alter your own utilities. If you are unsure about technical installations, you can ask for professionals to assist you with the inspection.

Floor load needs

Besides utilities, safety requirements regarding floor load are inevitable. If your business is in heavy manufacturing industry, floor load requirements are more complicated to install specific equipment. For instance, some industrial machinery need the minimum slab thickness of high tonnoage forklifts.

The flexibility for alterations

This is particularly for any business as changes are crucial. Any industrial spaces should allow for modifications and improvements. However, this needs to be clear from the start so you don’t have to face any difficulties after reaching the contract. At Aon Ari Property, we welcome your alterations, which is our mission to design the space where you can call “My Space”.

Before you go and choose your warehouse or industrial spaces, research on the market is vital. Go to trustworthy site like Financial Review or Sydney Morning Herald to better understand the property market in your area and upcoming development news.

In the era of technological advances, ‘digital transformation’ is now a ubiquitous term that manufacturers are getting to be familiar with. Here are the 5 digital transformation trends manufacturing businesses are taking on to improve their process

The Industry 4.0 and Internet of Things (IoT)

Internet of Things (IoT) has become a disruptive way to automate and minimise the manufacturing processes. Accordingly, this creates competitive edge for manufacturing businesses. In particular, anything can be digitalised and integrate into a building management system that your team can get easily access.

Data and analytics

The epoch of modernisation has opened avenue for the advanced manufacturing technology that allows for smart producing and processing. In fact, these can now be integrated in an ERP system that helps businesses to manage their supply chain in an efficient manner.

Robotic Machines

Highly trainable robots are now available to assist businesses in their repetitive processes to save more time and effort. Furthermore, with extremely modern technology, sensors are now available for installation into machines to give precious feedback and data. Therefore, businesses can use these sensors to improve the manufacturing process.

Automation enables quicker and more efficient process

All these digital technologies have now let companies and businesses to optimise their production and distribution workflows, which saves many dollars in cost and generate more in revenue. As a matter of fact, cloud computing has been more reliable and sustainable, mafnuacturers are now able to improve their Overall Equipment Effectiveness (OEE) up to 85%.

At Aon Ari Property, we try to evolve and develop at a swift pace to catch up with these revolutionary trends. As a result, we always find disruptive solutions to improve our industrial and commercial properties.

Source: forbes.com

Australia has long been a proud country of manufacturing since the 19th century. In the wake of COVID-19, Federal and State Governments have become more aware and supportive of manufacturing, stating the future is right here for Australian Manufacturing.

A competitive business environment for manufacturing

For the past 6 months, the Government has taken various actions to encourage a more growth-driven environment for manufacturing businesses. Setting appropriate taxes, reducing energy costs and loosen regulations and many other schemes have opened the avenue for the booming future of manufacturing.

A more resilient supply chain

In addition to the competitive environment, the future of manufacturing is brighter for the connections between businesses and researchers. This places the emphasis on adopting the innovation and technological advances to direct the industry in a new way.

The government is also working across various supply chains to unveil new opportunities and expand the manufacturing network. The focus on modern manufacturing has gained a lot of advocates who are willing to embrace a more creative and sustainable approach to manufacturing.

” We will partner with industry to immediately lay the groundwork for prioritising and boosting collaboration and investment in our National Manufacturing Priorities. We will facilitate a co-designed process with industry-led expert teams to develop road maps against each of the National Manufacturing Priorities. Together with industry, we will identify the roadblocks to growth and actions to overcome them. A refocused and refreshed Industry Innovation and Science Australia will have a key advisory role on the road maps and investment decisions.” – Federal Government

Many industrial precincts to be developed to support the manufacturing

Recently, many areas in New South Wales and Victoria have welcomed new industrial projects. These precincts are developed to support local manufacturers and businesses that focus on producing, assembling, and processing. Excitingly, Aon Ari Property is proud to be among the pioneers to boost the national manufacturing industry by our huge $100M redevelopment project in Penrith. As a matter of fact, we will give the site at 2115 Castlereagh a rebirth and transform the former Crane Factory into a new manufacturing hub.

Source: industry.gov.au

If it’s your first time looking into real estate investment, here are some factors you can take into consideration for a better understanding of how to start an investment in Industrial Property.

1. Prepare for the best

Being active in the market to have a better understanding always gives you a solid foundation and the confidence to start investing in industrial property. Some examples are participating in auctions, doing market research, keeping yourself up-to-date with the trends. By doing this, you get to find out numerous good opportunities that you have resources for your decisions.

2. Plan your investment by your goals

It’s always the question of why are you investing? What are your expectations and ambitions? Are you going to invigorate and exit the investment with higher end values? Are you going to ownr the property? By asking these questions, you are clear in your goals and hence a smooth process and plan for your investment.

3. Future-proof your investment

Now is the time to have some deeper analysis in the criteria that you would use to choose which property to invest. Such features as location, area demographics, future development plans in the region, etc are crucial in determining the values of your investment. Below are some insights you can pick up:

Properties situated in an efficient transport nodes are in higher demand as tenants prefer easy access for their supply chains. Besides, industrial properties are located close to residensital areas, which allows for faster delivery for any e-commerce businesses/manufacturers, will be more desirable to tenants.

You will also need to consider any restrictions within the industrial zone to ancipate the future development possibilities. Particularly, industrial spaces with optimal office to warehouse ratio (10:90) and easy to configurate/be divided are often promising as well.

4. Understand your future tenant

Once you have successfully invested in a property and start looking for tenants, you need to ensure their profile is financially stable to prevent any default risk. Moreover, it is also a good exercise to understand the customer needs and requirements. This will allow you to provide your tenants with real values and help them grow their businesses.