Assistant Minister for Trade, Tourism and Investment Keith Pitt visited Boeing's advanced manufacturing facility at Fishermans Bend in Melbourne yesterday to congratulate the company for their success at the Australian Export Awards.
Boeing Aerostructures Australia manufactures flaps and control surfaces for all 787, 777, 737 and 747 aircraft, exporting these components to the U.S. for final assembly.
Boeing Australia was awarded the inaugural Minister for Trade, Tourism and Investment's Investment Award for their innovative and long-term contribution to Australia's economy.
The award was presented to Boeing Australia by the Minister for Trade, Tourism and Investment Steven Ciobo at the Export Awards ceremony in Brisbane.
"It was a real pleasure to visit Boeing to congratulate staff and management for their success at the recent Australian Export Awards," Minister Pitt said.
"Boeing's Australian manufacturing and research facilities truly are world-class, and its investment into Australia is a vote of confidence in the Government's policies to attract investment capital into Australia.
"Boeing has invested more than $1 billion in its Australian operations over the years – including $70 million in the past three years into its facility at Fishermans Bend, Port Melbourne – and the aircraft maker is also funding research and development in Australia through the establishment of its largest R&D site outside the United States.
"A great deal of Boeing's investment in its Australian activities has resulted in benefits for local small businesses, and the company is a strong supporter of Australian suppliers looking to expand internationally and access global supply chains.
"In 2015, Boeing spent approximately AU$400M at 1,000+ Australian suppliers, delivering jobs and growth right here in Australia."
Maureen Dougherty, President of Boeing Australia, New Zealand and South Pacific, said her company was delighted to have been recognised for its long-term investment into its Australian facilities, capability and development.
"I was honoured to accept the inaugural Investment Award on behalf of our 3000-plus employees in Australia and our 160,000 employees globally," Ms Dougherty said.
"As we approach our 90th year in Australia next year, we will continue to invest in great Australian talent, and to provide them opportunities to work on truly exciting programs that span commercial airplanes, defence, R&D as well as managing a significant supply chain."
Mr Pitt said Boeing Australia was a prime example of how Australia benefits from free trade and investment flows.
"The link between foreign investment into Australia and the creation of jobs and growth is real and it is clear," Mr Pitt said.
"Foreign investment is helping to sustain well-paid and secure jobs for Australians, to provide the infrastructure we need, and create the national prosperity in which we can all share."
For further information on the Australian Export Awards, visit: www.exportawards.gov.au
- Minister's office: (02) 6277 4122
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