RollsPack Secures $850k Grant to Expand into New Markets
Chase Consulting helped RollsPack secure an $850,000 federal grant to upgrade its manufacturing capabilities and accelerate its entry into advanced markets, particularly in Asia.
What we’ve achieved
RollsPack received $850k from the grant to upgrade its printing lamination and manufacturing processes at their Braeside facility.
The project timeline was reduced from four years to 12 months.
The investment positioned RollsPack at world best practice, allowing it to compete with low-cost Asian imports and expand into Asian markets.
Situation:
RollsPack is a leading Australian manufacturer of high quality printed flexible plastic packaging products for the Food Industries, and are Australia’s preferred producer of carry bags and tamper evident security satchels to the bank and finance sectors.
RollsPack’s management identified the opportunity for capital investment in new manufacturing technology to enter new advanced markets and to meet changing consumer demand in Asia.
RollsPack engaged Chase Consulting Group to obtain federal government assistance in the form of the “Next Generation Manufacturing Investment Programme”. This a competitive grant scheme to assist companies to invest in new manufacturing technologies to enhance productivity and build competitiveness.
Approach:
Chase helped RollsPack develop its investment strategy to enter new advanced markets and meet changing consumer demand.
Chase assisted RollsPack by gathering existing knowledge and insights through workshops with management. We assisted in the development of capital investment strategies and assembled the information into an articulate business plan and business case that explained the planned future growth of RollsPack and the part that the new technology would play in that future, with due consideration of risks and benefits.
Chase helped RollsPack produce the various grant application documents over an intensive four-week period in order to meet the programme’s application timeline.
Chase managed the process to develop and produce the documents for the grant application including:
A structured review of the business case for the capital investment in the new manufacturing technology
A documented business case
A capital investment project plan
An updated business plan
Revenue cost modelling of the proposed investment to optimise the strategic and financial benefits with the potential government funding
Results:
RollsPack was approved for the Next Generation Manufacturing Programme with a grant for $850,000 to upgrade its printing, lamination, and pouch and bag manufacturing processes with state of the art machinery at its facility in Braeside, Victoria.
The investment will place RollsPack at world’s best practice. It enables RollsPack to compete with the imported products from the low-cost Asian countries and also enables RollsPack to competitively enter into the Asian markets.
The grant enables RollsPack to accelerate its investment over 12 months. Without the benefit of the grant, the project would have been delayed and staggered over four years.
“This project has helped accelerate our investment in the manufacture of the next generation of flexible packaging products
for both the local and overseas markets, particularly for the burgeoning food industries.
Chase is excellent to work with. Chase has done a fantastic job working with us to achieve our goals.”
— Phillip Rolls – Managing Director, RollsPack Pty Ltd. www.rollspack.com.au
