Volvo in­vests… and in­vests again

New Zealand Truck & Driver - - News -

THE VOLVO GROUP’S COM­MIT­MENT TO THE Aus­tralasian re­gion has been re­in­forced, with the open­ing of its new $30mil­lion Aus­tralian head­quar­ters in Bris­bane.

Not only did the Group’s global pres­i­dent and CEO Martin Lund­st­edt  y in to do the o­cial open­ing hon­ours for the HQ and a state-of-theart deal­er­ship….

He an­nounced too that Volvo Group Australia, which is now Australia’s big­gest au­to­mo­tive man­u­fac­turer, will also in­vest in the up­grad­ing of its truck fac­tory at nearby Wa­col.

Lund­st­edt says that the truck plant re­fur­bish­ment will en­able the Group “to fur­ther in­crease pro­duc­tion” – sig­nalling the com­pany’s strong out­look.

“Our in­crease in mar­ket share to­wards 27% (of the Aus­tralian heavy­duty mar­ket) over the past ”ve years, in com­bi­na­tion with a strong heavy­duty truck mar­ket, makes it nec­es­sary to fur­ther in­crease our pro­duc­tion ca­pac­ity,” says Lund­st­edt.

“In the past ”ve years alone, pro­duc­tion at our Wa­col fac­tory has in­creased by 40%.”

In­vest­ment in the fac­tory will help grow the cur­rent mar­ket share “and give a boost to around 85 lo­cal com­po­nent sup­pli­ers,” he says

“Volvo Group Australia has been mak­ing trucks in Queens­land since 1972 and we are ex­tremely con”dent in the Aus­tralian mar­ket.

“We em­ploy more than 1500 peo­ple across the coun­try and have pro­duced more than 60,000 trucks from the Wa­col fac­tory.”

Lund­st­edt shared the o­cial open­ing du­ties with Queens­land Pre­mier An­nasta­cia Palaszczuk, who says that the Volvo fac­tory is a signi”cant part of the state’s man­u­fac­tur­ing base, em­ploy­ing al­most 500 peo­ple.

“Volvo Group is the only truck man­u­fac­turer to be awarded ‘Aus­tralian Made’ certi”cation, and we’re par­tic­u­larly proud to call them Queens­land­made.”

¢e com­pany’s new na­tional HQ ac­com­mo­dates mod­ern o­ces, a large deal­er­ship (sell­ing Volvo, Mack and UD Trucks) and con­tem­po­rary workshop on a 33,000 square me­tre site in a new Bris­bane busi­ness park.

Out­go­ing VGA pres­i­dent Peter Voorho­eve – who saw the new HQ opened just be­fore he moved to the United States, to head Volvo Trucks in North Amer­ica – says that the com­plex is “a beau­ti­ful build­ing – but more than that it’s a tan­gi­ble demon­stra­tion of Volvo Group’s com­mit­ment to its fu­ture op­er­a­tions in Australia.”

T&D

Volvo Group Australia’s spec­tac­u­lar new HQ is on the right, along­side the com­pany’s new state-of-the-art Bris­bane deal­er­shipMartin Lund­st­edt

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.