Health and Wellbeing

The health and wellbeing sector encompasses the provision of health and medical services, community services, manufacture of medical devices, health IT, clinical trials as well as other human wellbeing and recreation functions. The sector can be broken down by direct health care services and wellness industries looking to promote general improved and health and happiness.

Over the past decade, the health and wellbeing sector has grown dramatically with advancements in technology, innovation, high professional skills, research and health infrastructure. The industry is worth over $500 billion in the United States with Australia following suit with significant growth. The healthcare and social assistance sector contributed $514 million to the Penrith economy in 2008-09 and is one of the largest employers in Penrith with approximately 7,000. This represents an almost 50% increase from 1996 and is expected to double by 2031.

Existing companies in Penrith in the health and wellbeing sector include Natural Health Society of Australia, Nepean Division of General Practice, Nepean Medical Research Foundation, Sydney Medical School Nepean and Tony Ferguson Weightloss and Wellness Centre.

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Professional Services

The professional services industry includes companies engaged in providing services to other businesses and organisations such as financial, insurance, legal, accounting, marketing, media and consulting services. The professional services sector contributes approximately $1,070 million in value add to the Penrith economy in 2008-09 with approximately 5,325 employees.

Existing professional services operations in Penrith include Allam Property Group, Australia Tax Office and Bateman Battersby Lawyers, NSW State Government offices and the Department of Defence.

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Transport and Logistics

The transport and logistics industry encompasses the transport, storage (warehousing) and distribution of freight by road, rail, water and air. The transport and logistics sector is one of the fastest growing industries in Australia and contributes approximately $573 million to the Penrith economy (2008-09) supporting approximately 4,100 employees.

The broader Greater Western Sydney region continues to consolidate it position as the most strategically important transport and logistics hub in Australia due to access to Sydney, the eastern seaboard and international markets. Existing transport and logistics companies in Penrith include Circuit Logistics.

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Advanced Manufacturing

Manufacturing represents the largest industry in Penrith accounting for $817 million in value add to the Penrith economy in 2008-09 with approximately 6,500 employees. Penrith is home to a robust and dynamic industry with a wide range of manufacturing businesses including over ten manufacturers with turnover of over $10 million.

Penrith has a well established advanced manufacturing sector. The manufacturing industry has been undergoing significant change in recent years with growth in the advanced high-value sectors characterised by significant investment in innovation, research and development and global integration. Existing companies in Penrith in the advanced manufacturing sector include ASP Plastics, BlueScope, Darley Aluminium, Freshwater Environmental Management, Goodman Fielder, GPC Electronics and Winnebago Industries.

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