A $4.17 million grant has been allocated to Teys Australia Meat Group from the
federal government's Clean Technology Food and Foundries Investment Program.
The funds will be used for an operational upgrade at its Rockhampton facility.
Announcing the funding, the Minister for Climate Change Greg Combet, and Federal
Member for Capricornia, Kirsten Livermore, said Teys Australia Meat Group was aiming to reduce its energy costs by around $365,000 a year and also hopes to cut the company's carbon price liability by $890,000 per year.
Combet said the program is a good the opportunity for firms like Teys Australia Meat Group to make smart investments that are good for the environment, good for the company and good for the economy.
"Using revenue from the carbon price, the Gillard Government is helping manufacturers and food producers, to transform their operations through investments in energy efficient equipment and processes," he said.
Local MP Kirsten Livermore said Teys Australia Meat Group would also invest its own money into the project which totalled $8.75 million.
She said Teys will install two covered anaerobic lagoons and a basin to capture biogas, which will be used for on-site combustion helping to save energy costs.
"It's hoped the project will slash the carbon emissions intensity at the Rockhampton facility by 74 per cent," Livermore said.
The carbon price funded $800 million Clean Technology Investment Program and the $200 million Clean Technology Food and Foundries Investment Program are supporting
manufacturers across Australia.
Meanwhile, a $1.17 million Clean Technology Food and Foundries Investment Program grant will help Primo Smallgoods to reduce emissions and slash energy costs.
The grant was announced by Prime Minister Julia Gillard during a visit to Primo Smallgoods’ facility in Wacol, Queensland last month.
The company will upgrade lighting, air conditioning and water-heating equipment at its four meat processing sites.
Other projects relying on program grants to reduce emissions include a new boiler network and heat exchanger at Cedar Meats.
Victoria's Peerless Holdings will use its grant to replace two boilers, upgrade its waste heat recovery units, insulate lagging pipe work, upgrade to energy efficient lighting.
The company also plans to upgrade rendering condensers and modify its refrigeration plant.
Meanwhile, Salena Estate Wines in South Australia will insulate its wine tanks and install an automated control system to increase refrigeration efficiencies.
Warburn Estate in the Riverina will replace condensers in two refrigeration systems and install variable speed drives for its fans.