SunRice receives $14.5M for Leeton manufacturing infrastructure
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
An investment of $14.5 million has been confirmed for SunRice's new manufacturing infrastructure in Leeton. This funding comes after the company announced it would cut hours and jobs at its Leeton and Deniliquin sites due to low rice yields resulting from low water allocations. David Farley advocated in Parliament for industry investment, specifically water, and welcomed the announcement.
Why it matters
The funding provides capital for manufacturing infrastructure in Leeton. John Bradford, chair of SunRice Group, acknowledged that David Farley's work helped enable the announcement by the federal government.
Who's involved
- David FarleyAdvocated in Parliament for industry investment benefiting the agricultural sector in Leeton.
- John BradfordChair of SunRice Group, who welcomed the support and acknowledged David Farley's work.
- Australian GovernmentProvided the $14.5 million funding for SunRice's new manufacturing infrastructure.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- LeetonSpeculative
Funding for new manufacturing infrastructure could boost the local economy in Leeton.
- John BradfordSpeculative
The investment might strengthen SunRice's value-added manufacturing capacity.
Keep exploring
The entities involved
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David Farley
Australian politician
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Leeton
town in New South Wales, Australia
Nothing else this week.
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parliament
legislative body of government