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Search this site - results will display in a new Google web page.Tasmania's manufacturing industry plays a key role in keeping the local economy running smoothly.
That question did arise for me when I first learnt of the importance of manufacturing to Tasmania's economy.
I looked it up, for you and me both.
According to BusinessDictionary.com, manufacturing "includes all steps necessary to convert raw materials, components, or parts into finished goods that meet a customer's expectations or specifications. Manufacturing commonly employs a man-machine setup with division of labor in a large scale production." It helped my understanding further when I learnt what Tasmanian manufacturing actually produces. These are some of the largest contributing sectors to manufacturing in Tasmania:
At present, the Tasmanian manufacturing sector employs about 23,000 people. This is more than 11 per cent of the Tasmanian workforce.
Manufacturing in Tasmania has a 6 billion dollar turnover. Plus, it contributes A$2.4 billion to the Gross State Product. This is almost 15 per cent of the state’s economy.
Since manufacturing is so vital to Tasmania's economy, government has stepped in to make sure that the industry is supported. In December 2008, the Tasmanian Manufacturing Centre was opened in Burnie.
According to Senator Kim Carr, Minister for Innovation, Industry, Science and Research,
"This centre will allow Tasmanian manufacturers to tap into the latest ideas and technologies".
Things are looking good for Tasmania's manufacturing industry!
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What does Tasmania manufacture?
The importance of manufacturing to Tasmania
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