MG Engineering is a South Australian company, specializing in Ship-Building, Fabrication, Modular Construction, Plate Forming & Rolling within the Marine, Defence and Oil & Gas sectors. Established in 1995, the company operates from the Port River, South Australia, providing a unique advantage with its Slipway capability to accommodate projects over 400 tonnes.
The company has an impressive track record, having completed diverse projects including Fishing Trawlers for Spencer and St Vincent Gulf Fisheries and The South Australian Government River Murray Ferry. Notably, in 2012, MG Engineering was contracted by the Australian Submarine Corporation (ASC) for the Australian Air Warfare Destroyer (AWD) project. Subsequently, in 2017, the company secured its first export contract, constructing a 24-metre Scampi trawler for New Zealand Fishery.
With its focus on the Industrial and Construction sectors, MG Engineering presents a compelling investment opportunity for venture capitalists seeking exposure to the marine and defense industries in Australia.