Premier John Brumby today welcomed a decision by Gekko Systems to invest $5 million in a new Ballarat factory, creating 105 new jobs in the region.
In Ballarat, Mr Brumby said Gekko Systems – a Victoria-based, international mineral processing equipment company – would expand and invest in the new manufacturing facility, more than doubling its workforce over the next three years.
“With assistance from the Victorian Government, this exciting new venture will mean a new purpose-built manufacturing facility in Ballarat and the expansion of Gekko Systems’ workforce from 70 to 175 within three years,” Mr Brumby said.
“Gekko Systems is a Victorian success story of husband and wife team Sandy and Elizabeth Gray who started their family business in the backyard of their home in 1995 before moving to Ballarat in 1999.
“It now exports about 85% of its products and services. Since 1996 more than 350 of its processing units have been installed in 33 countries to recover precious minerals like gold, silver, copper and diamonds.
“Gekko Systems’ expansion is great news for Ballarat as its investment will boost its annual turnover, which will in-turn have positive economic flow-on benefits for the region.”
Gekko Systems specialises in the design, development and distribution of innovative mineral processing equipment and systems. Its headquarters are in Ballarat and it has offices in Canada and South Africa. Gekko Systems plans to grow its workforce to 250 over the next five years.
Mr Brumby said its new Ballarat manufacturing facility would be constructed to minimise energy consumption and use rain water.
“Gekko Systems’ investment will enable it to develop and expand on skills in the areas of minerals processing, services to mining and the production of new processing equipment,” he said. “It will facilitate further production of innovative, new subterranean mineral processing plants for the domestic and export markets.”
Regional and rural development minister Jacinta Allan said Gekko Systems had received assistance under a $10 million Brumby Government program to attract new industry and help existing industry expand in regional Victoria.
“The regional industry investment program (RIIP) is securing, strengthening and diversifying Victoria’s regional industry base by supporting industry and business to improve their competitive capacity through investment directed at broadening business opportunities, upgrading skills and technology to modernise processes,” Ms Allan said.
“It is part of our successful regional infrastructure development fund which has helped delivered infrastructure projects across regional and rural Victoria, to date investing $395.7 million towards 168 major projects with an estimated total project value of more than $1.1 billion.”