New industry minister ‘optimistic about the future’

- NEWLY appointed federal industry, innovation and science minister Arthur Sinodinos claims to be “very optimistic” about the future of manufacturing in Australia, including supply chains, despite the closure of the Australian car-making sector this year.

- Following Ford’s Australian production pull-out and Holden’s engine plant closure and end to small-car production last year, Holden will finalise its manufacturing withdrawal with the full shutdown of its Elizabeth assembly plant in South Australia on October 20 while Toyota will follow suit with its Altona operations in Victoria around the same period.

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