South Australia’s defence and space credentials have lured French engineering services company LGM to Adelaide.
The business joins a growing list of international players at Lot Fourteen and this move will establish the company’s first office for the Asia Pacific region in South Australia.
Lot Fourteen brings together South Australia’s leading abilities in space and defence in a collaborative ecosystem that’s creating high-value jobs, attracting investment and driving growth for precinct partners and South Australia.
LGM intends to create five FTE positions within the first 12 months, building to scale a workforce of between 20 to 25 South Australian engineers over the next three to five years.
The Defence and Space Landing Pad, located at Lot Fourteen, will provide the company with an office space in the innovation precinct where it can access key industry players and companies, including the Australian Space Agency, the SmartSat CRC and space industry pioneers such as Inovor Technologies, Myriota and Neumann Space.
Trade and Investment Minister Stephen Patterson said the opportunity for LGM to access key business and industry sectors made Adelaide the prime choice of location for the company.
“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 will be a valuable addition to the South Australian defence industry, sourcing local resources and creating regional connections.”
With a global workforce of 1,400 FTE staff, LGM’s clients include the Naval Group, Airbus, BAE Systems, Thales, Safran and Alstom.
LGM has qualified for funding support through the Department of Trade and Investment’s (DTI) SA Landing Pad, which 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.
DTI has provided support to LGM to facilitate connections with the Industry Capability Network, Defence SA, the Defence Teaming Centre and the French Australian Chamber of Commerce and Industry.
Franck Bloom, Country Manager, Australia, will establish the LGM 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,” Mr Bloom said.
“We can also recruit from the excellent universities based in South Australia and develop local partnerships with similar companies during our ramp up period and moving forward.”
“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 South Australian Landing Pad program provides funding for access to Lot Fourteen’s innovation and coworking 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.
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