At the same time, in 1963, the company, in association with the Australian Book Review, launched the Australian Book Review-Transfield Book Production Awards, aimed at raising the standard of literary culture and design of quality books in Australia. The £350 Awards were made until 1968.
In June 1968, Transfield established, at a cost of $25,000, the first Australian foundry for sculpture at its Seven Hills factory, making these facilities available to artists at subsidised cost. Franco was particularly fond of his Sculpture Studio, where he cast his own works.