Performance Engineering powers ahead

Berkeley Vale manufacturer Performance Engineering is powering ahead thanks to NSW Government funding.

Two grants totalling $260,000 from the government’s Regional Job Creation Fund have boosted the company’s on-shore capability to produce components to power the renewable sector, helping to create 14 local jobs.

Founded in a family garage 20 years ago, Performance Engineering has used the funding for plant upgrades to ramp-up its capacity for high-growth technology products.

The company manufactures precision custom machinery components, such as those used in rechargeable batteries that play a major role in powering transport, defence, mining and renewable energy industries.

The government investment has enabled the business to bring more of its product manufacturing to the region, where previously it was reliant on importing the components from overseas suppliers.

The funding has resulted in about a five per cent increase in month-to-month sales.

Minister for the Central Coast and Member for Wyong David Harris said the company was an inspiring example of the innovation, resilience and entrepreneurial spirit that were the driving forces behind the success of the Central Coast as a regional economy.

“I’m proud to see this Central Coast business at the forefront of developing innovative engineering products that are powering key industries now and into the future and growing local jobs, close to where people live,” he said.

Member for The Entrance David Mehan said the government’s investment in local businesses showed its commitment to creating new jobs and boosting the state’s economy with innovative and forward-thinking ideas.

Performance Engineering Director Glenn Andrews said the funding had allowed the company to increase its customers in the renewables space.

“For example, the CSIRO and other industrial electric battery cell manufactures are utilising our increased capability and capacity,” he said.

“The acquisition of the six metre by 2.4 metre kilowatt laser cutting machine has provided our company with this new capability which we are using in multiple projects across our business, resulting in increased sales and new customers every week.”