Australian arms company NIOA has opened a new purpose-built $11 million, five-storey office tower at its ever-expanding headquarters in Brisbane’s Eagle Park.
The new building adds to the site’s existing headquarters, warehouse, distribution centre and underground range, and will accommodate 100 staff.
It adds 1445 square metres to the complex’s previous 8000 square metres.
NIOA has more than doubled its staff numbers in the seven years since it opened the Eagle Park facilities, and most of this growth comes from an aggressive expansion into the defence industry.
The efforts recently landed NIOA the role of primary contractor for the Australian Army’s project to modernise its weapons systems, knowns as LAND 159.
In its own words, NIOA has become “Australia’s largest privately-owned supplier of firearms, weapons, ammunition and technical support to military, law enforcement and commercial markets”.
It partnered with Rheinmetall Waffe Munitions to build a $60 million factory in Maryborough, Queensland, to make 120mm tank ammunition for the Australian military as well as for export.
That represented almost half the total capital investment of $130 million NIOA has committed to in its expansion.
The Maryborough plant will ultimately be capable of producing 30,000 forged shell cases a year — cases that would otherwise have been imported.
“We are delighted to open this building which will give us the capacity to grow into the future,’’ NIOA CEO Robert Nioa said of the new Eagle Park offices.
“Not only is it a significant moment in our near 50-year history, but it also creates the best environment for our loyal employees and is a clear demonstration to all our customers of NIOA’s long-term commitment to delivering world-leading products and technologies.’’