Assistant Minister for Manufacturing Tim Ayres and Member for Parramatta Dr Andrew Charlton toured Rheem Australiaโs factory in Sydney on Thursday, using the visit to highlight the Governmentโs commitment to developing the manufacturing industry in Australia.
Rheem Australia is the market leader in the design and manufacture of a wide range of water heating products that use gas, electric, solar and refrigeration technologies.
Assistant Minister Ayres said the Government was committed to helping local companies like Rheem expand and develop innovative products.
โRheem is an institution in the West and one of Sydneyโs largest manufacturing businesses,โ Assistant Minister Ayres said.
โOur $15 billion National Reconstruction Fund will help diversify and transform Australiaโs industry and economy.
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โWe have identified $1 billion of the National Reconstruction Fund to grow advanced manufacturing as part of our commitment to create secure well-paid jobs and build a future made in Australia.
โThere will also be up to $3 billion in the Fund to support the Powering Australia Plan to invest in clean energy component manufacturing; hydrogen electrolysers and fuel switching; agricultural methane and waste reduction; and green metals.โ
Assistant Minister Ayres congratulated Rheem on its extensive contribution into the development of a world-class new home ratings system under the Governmentโs Nationwide House Energy Rating Scheme (NatHERS), which just launched in September.
โNatHERS now provides an energy rating for the whole home, which covers major appliances including hot water, heating and cooling, pool and spa pumps, as well as solar and batteries,โ he said.
โRheemโs input into the scheme has significantly improved the whole of home rating by expanding the range of water heaters available for use in ratings.
โHot water heating is a huge cost for Australian households, the work of Rheem โ including its significant investment in solar products โ will help to bring down bills.โ
Member for Parramatta Dr Andrew Charlton said Rheem had invested significantly in R&D, helping it to become a leader in the market.
โThis Government backs innovative companies like Rheem, who continue to produce innovative, effective and green products,โ Dr Charlton said.
โInvestments in manufacturing can have lasting impacts. Thatโs shown by one of Rheemโs employees recently celebrating 60 years at the factory here at Rydalmere.โ
Originally published by Senator the Hon Tim Ayres, Assistant Minister for Manufacturing and Assistant Minister for Trade