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South Australian Minister for Trade and Investment Stephen Patterson has officially welcomed French engineering services company LGM as the latest international company to make the move to South Australia, joining an ever-growing list of international players at Lot Fourteen to support the growth of defence and aerospace expertise.
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LGM has offices across the globe, including in the US, UK, Canada, Spain, Germany, Italy and India – and it was Adelaide’s defence and space credentials that led to the decision to establish their first office in the Asia-Pacific region in South Australia.
SA Minister for Trade and Investment Stephen Patterson believes the opportunities for LGM to access key business and industry sectors makes Adelaide the prime choice for the company to expand into the region
“To have a global firm like LGM choose to establish their first office in the Asia-Pacific region in Adelaide highlights that our state has what it takes to attract international companies, providing access to skilled workers, world-class research and opportunities for collaborative partnerships,” Minister Patterson said.
LGM has qualified for funding support through the SA Landing Pad as well as the Defence and Space Landing Pad, and intends to create five FTE positions within the first 12 months, building to scale a workforce of 20 to 25 South Australian engineers over the next three to five years.
Minister Patterson added, “LGM will be a valuable addition to the South Australian defence industry, sourcing local resources and creating regional connections.”
The South Australian Landing Pad will enable LGM to be more effective by investing in early-phase development; saving them time by having access to a list of pre-qualified service providers.
The Defence and Space Landing Pad will provide the company with an office space at Lot Fourteen, alongside key industry players and companies.
Franck Bloom, country manager, Australia, will establish the Adelaide office and work across key industry sectors, including defence, naval, infrastructure, space, aeronautics, railway and stock, energy and telecommunications.
“South Australia’s credentials as the defence and space state and delivery of many of the defence forces’ largest projects, as well as being home to many defence industry precincts provides LGM with a cradle of defence-related opportunities for business,” Bloom said.
He added, “By having access to the SA Landing Pad as well as the Defence and Space Landing Pad, we will be in the right place at the right time from a business development perspective.”
The Department for Trade and Investment has provided support to LGM to facilitate connections with the Industry Capability Network (ICN-SA), Defence SA, the Defence Teaming Centre (DTC) and the French Australian Chamber of Commerce and Industry.
The South Australian Landing Pad program provides funding for access to Lot Fourteen’s innovation and co-working hubs or alternative accommodation and funding for access to professional support and advice.
The Defence and Space Landing Pad provides international companies with affordable, short-term office facilities and relationship-building opportunities at Lot Fourteen.
