# Geofabrics receives $322,000 co-investment for new automated line in Albury

Geofabrics Australasia announced a collaborative project with AMGC, RMIT, and local engineering firms to create a new automated line for thermally bonded laminated geocomposite products at its Albury plant. The project includes $322,000 in co-investment from AMGC.

- Type: Investment
- Announced: 2019-10-22
- Where: Albury, New South Wales, Australia
- Value: $220K (322K AUD)
- Status: announced
- Products: thermally bonded laminated geocomposites, geotextiles, geonets
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Geofabrics Australasia](https://endata.com/companies/42829.md)
- [Advanced Manufacturing Growth Centre](https://endata.com/companies/42830.md) (investor)

## Sources

- [amgc.org.au](https://amgc.org.au/media-releases/regional-textile-manufacturer-geofabrics-accelerates-export-potential-with-amgc-investment/), 2019-10-21: "The co-funded project with AMGC gives us the ability to manufacture bonded products with vastly superior strength and drainage properties, and produce to specific project requirements."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
