Media release- Jeremy Rockliff, Premier, 21 November 2024

Tasmanian Liberal Government saves Penguin Composites

The Tasmanian Liberal Government has saved iconic north west business, Penguin Composites.

Premier Jeremy Rockliff said the Government worked closely with the administrators of Penguin Composites to secure this iconic business’ future and the 35 Tasmanians it employs.

“Penguin Composites is a shining example of Tassie ingenuity making an impact on the national stage and our Liberal Government has backed them with a $250,000 support package,” Premier Rockliff said.

“Support from the Tasmanian Liberal Government has ensured this important Tasmanian manufacturing company continues to have a strong future on the north west.

“Supporting rural and regional jobs in Tasmania has never been more important – they are the lifeblood of our local communities, and our Liberal Government is in their corner.

“As part of our 2030 Strong Plan for Tasmania’s Future, we are backing Tasmanian businesses and keeping our economy strong.”