10 Jun Taking stock and looking forward with localised support
Momentum is building in the Australian industrial market, with a growing reliance on sourcing through local, onshore manufacturing. The ongoing strains on import supply chains have pushed industrial business to revaluate, investing more in capital expenditure.
“It’s pleasing to see this level of industrial optimism where you have businesses forecasting for the next 5 years – it’s a positive sign after a period of uncertainty – because it suggests that businesses have long-ranging confidence in their ongoing productivity and are prepared to spend significantly on CapEx,” says Grant Gray, General Manager of National Sales at Motion Australia.
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