The Waikato is home to a thriving advanced manufacturing industry which is a significant contributor to the country's economy. The region's manufacturing sector has a strong focus on high-tech and innovative products, ranging from specialised machinery and equipment to cutting-edge electronics and software.
Advanced Manufacturing in the Waikato
The advanced manufacturing industry in the Waikato region supports a diverse range of industries, including aerospace, automotive, electronics, healthcare, and agriculture and plays a key role in adding value to these industries. For instance, the region’s advanced manufacturing companies add value to the agriculture sector by producing specialised machinery and equipment such as milking machines and irrigation systems.
The advanced manufacturing sector is the second largest contributor to the Waikato’s GDP, employing around 25,000 people. The industry creates employment opportunities for skilled workers across roles such as engineering, design and management.
Large manufacturers such as Sleepyhead and Saito have been attracted to move operations from Auckland to Waikato, and more are expected to follow.
Why Waikato?
The advanced manufacturing industry has benefited from the region's location, skilled workforce, and supportive business environment. The Waikato region is also home to world-class research institutions and facilities that provide advanced manufacturing companies with access to the latest technologies and expertise.
The region has also become popular among many large manufacturers looking to lower costs, with more affordable property prices, ample industrial-zoned land and a better lifestyle for employees.
The Waikato region also has a strong research and development infrastructure, with leading facilities that provide advanced manufacturing companies with access to the latest technologies and expertise. This helps companies to stay at the forefront of innovation and develop cutting-edge products that meet the needs of their customers.
Te Waka and the Manufacturing Sector
Te Waka recognises the significant potential of advanced manufacturing to contribute to economic growth in the Waikato and supports the adoption of technology to improve productivity and innovation in all sectors.
By leveraging the latest technologies and manufacturing techniques, advanced manufacturing companies can produce high-quality products more efficiently and cost-effectively, which can help them to increase their profitability and expand their operations, contributing to the economic growth of our region.
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