South Australian precision manufacturing company, Toolcraft Australia Pty Ltd, has been awarded the prestigious ‘Manufacturing Business of the Year’ in the 2020 Australian Space Awards.

The Australian Space Awards program is an initiative of Space Connect part of Momentum Media, a marketplace and information platform for the space economy.

Established in 1979, Toolcraft Australia is a highly experienced precision aerospace manufacturing and technology development company that is 100% Australian owned. The company is an integral member of an advanced manufacturing group that produces and exports an extensive range of commercial products and technologies. With more than 40 years of experience Toolcraft Australia has positioned itself as a highly skilled yet agile organisation capable of producing and integrating high and low volume quality precision parts, components and assemblies.

This quality company has been approved as a Defence Ready Level 1 supplier by the Australian Department of Defence, has NCAGE procurement classification and is AS9100 accredited for aerospace. Its customers include the who’s who of high end international companies with such names as Northrop Grumman, Sikorsky, Boeing, Thales, BAE Systems, BHP Billiton, Lockheed Martin, Mayne Pharma, Siemens and many more.


Included in its advanced aerospace manufacturing services are CNC Machining and Grinding, Laser Cutting, Turret Punching and Folding, EDM Cutting and Eroding, CMM Metrology, 3D Printing, Fabrication, Assembly and Integration. It is an experienced defence sustainment contractor producing components for Black Hawk, Collins-Class and Wedgetail.

Left - Greg Stevens, General Manager, Innovation and Right - Craig Holland, General Manager, Operations

“Toolcraft is a long term customer and user of Okuma leading edge precision machines of more than 30 years and our first machine is still in operation and is almost bullet proof’ said Toolcraft General Manager – Operations, Craig Holland. “The service we receive from Okuma Australia is outstanding and the consistent precision output of the machines is all important to us in this industry.  Our engineers love the Okuma machines and there is always a queue when a new machine is commissioned. Being familiar with the easy operating systems allows us great flexibility to move engineers from machine to machine with ease. The Australian Space Award is great recognition for more than twelve and a half years of hard work by our team,” he said.


In congratulating Toolcraft Australia Pty Ltd, Okuma Managing Director Dean McCarroll said. ”Competitive precision manufacturing is so important to Australia particularly in defence and aerospace contracts. Okuma CNC machines are synonymous for achieving continuous high precision machining over long periods coupled with the highest level of harmonious control which will continue to enhance these capabilities. We congratulate Toolcraft Australia on being recognised as ‘Manufacturing Business of the Year’ in the Australian Space Awards for 2020”.