Manufacturing is still the pre-eminent economic sector in terms of Gross Regional Product. This demonstrates the successful track record of adaptation and reinvestment, and generating greater levels of service, higher value-adding products and increased levels of knowledge and innovation of businesses in the area.
There is an extensive and diverse stock of industrial and commercial sites and buildings in the area giving plenty of scope for most business formats and opportunity for investment to refurbish, adapt or build new premises to suit every need.
The City of Maribyrnong is very well placed to attract smaller manufacturers, new start-ups and creative businesses, which recognise and value the unique locational benefits of the municipality.
Globalisation and structural changes to Australia’s economy are major drivers of prosperity. The continuing strength of Maribyrnong’s manufacturers’ is a signal that the sector is succeeding in making the transition to greater levels of service, higher value-adding products and increased levels of knowledge and innovation.
The manufacturing heritage, skills and ongoing capacity is of critical importance to the Victorian economy and is being actively supported. Council recognises that making goods for sale has a greater enduring value to the economy than distributing goods.