Bendigo Manufacturing Group members are committed to future opportunities and plan to invest almost $300 million in the region to help create new jobs.
A survey of BMG members showed their commitment to new multi-million dollar investments that could see 300 new jobs in Greater Bendigo in the next four years.
BMG chair Mark Brennan said significant opportunities were forecast in the next few years.
"Members, collectively, have said they are committed to investing more than $290 million in new plant and equipment which will create an estimated 300 jobs," he said.
"These include general management, technical management, accountancy, computer technology, robotics, sales, marketing and human resources.
"Unlike other regions, manufacturing in Greater Bendigo has a strong reputation at a national and international level, but existing and new businesses need to be able to plan for future growth and investment."
City of Greater Bendigo strategy and growth director Bernie O'Sullivan said the BMG survey was a positive sign for the future of the manufacturing industry in Bendigo.
"It is a sign that Bendigo is thriving from a manufacturing perspective," he said. "We will have some ups and downs along the way, but we're lucky to have the manufacturing potential we have in Bendigo and we want to grow that into the future.
"(Council) works closely with prospective businesses who express an interest in coming to Bendigo."
The manufacturing group's optimism comes as foods business Moira Mac's this week announced it will move its operations to Western Australia after starting in Bendigo in 1983.
"I was sorry to hear that Moira Mac's has made the decision to leave Bendigo and I am confident that there will be other opportunities for the staff who decide not to relocate to WA, as food manufacturing is still thriving here," Mr Brennan said.
"What we have seen from our survey is that manufacturing in this region is proving to be stronger and more resilient than ever and our members are optimistic about the future."
"It is important that we retain our strong manufacturing base here. Being based in a major regional city like Bendigo is a very attractive proposition if there is enough industrial land and a suitable business park for long term investment and growth in manufacturing."