In Industry

Victoria Premier Daniel Andrews

Massive Boost For Manufacturing In Geelong

Victor P Taffa

Andrews Government is backing a massive expansion of a world-leading Geelong manufacturer that will create hundreds of jobs and cement Victoria as a manufacturing powerhouse.

Premier Daniel Andrews joined Minister for Industry and Employment Ben Carroll, Member for Bellarine Lisa Neville, Member for Geelong Christine Couzens and Member for Lara John Eren at Carbon Revolution in Waurn Ponds to announce the company’s $100 Million expansion, which will create 500 new jobs.

“When Ford and Alcoa closed their doors, we said we’d be with the proud Geelong community every step of the way and that’s exactly what we’ve done creating new jobs for hard working families.” Premier Daniel Andrews said.

“This is yet another massive vote of confidence in Geelong these are hi-tech, secure jobs that will help the local economy continue to prosper.”

Project will almost triple Carbon Revolution’s existing workforce and increase production capacity from 10,000 to more than 150,000 wheels a year.

A new 7,000 sqm facility will be built beside Carbon Revolutions’ manufacturing and research and development facility at Deakin University part of the Geelong Future Economy Precinct.

Carbon Revolution manufactures 1-piece carbon fibre wheels, which are lighter, reduce noise and vibration and improve acceleration compared to metal wheels.

“Carbon Revolution is a Victorian manufacturing success story and we’re proud to back their massive expansion here in Geelong.” Minister for Industry and Employment Ben Carroll said.

“By buying locally, you’re helping to create jobs locally. Through Made in Victoria we’re encouraging every Victorian to support our thriving manufacturing sector.”

Company is the first manufacturer in the world of a commercialised one-piece carbon fibre wheel and its new facility will allow it to scale up production to meet global demand including to supply wheels for Ferrari.

“We promised that we’d work hard to deliver the jobs and prosperity that families across Geelong and the Bellarine deserve our partnership with Carbon Revolution builds on this, with 500 new jobs and a major expansion.” Member for Bellarine Lisa Neville said.

Premier Andrews used the visit to launch the State Government’s new Made in Victoria campaign which will promote Victoria’s manufacturing industry and urge Victorians to buy locally-made to support local jobs.

“This massive boost for local manufacturing will create 500 local jobs and take this cutting-edge, Geelong-made technology to the world.” Member for Geelong Christine Couzens said.

Campaign will showcase excellence in the industry, featuring manufacturers such as Carbon Revolution, Maton Guitars, Cobram Estate, Sussex Taps, Volgren and Ballarat’s Ferndale Confectionery.

Victorian manufacturing is thriving, recording 17 months of consecutive growth in the Australian Industry Group’s Performance Manufacturing Index the longest run of expansion ever.

“Victoria is the home of Australian manufacturing, and Geelong has been a strong part of that story we’re backing industry to create local jobs and boost Geelong’s economy.” Member for Lara John Eren said.

Growth in manufacturing is backed by $130 Million in manufacturing support from State Government, which is creating over 6,000 jobs and driving $1.6 Billion in private investment. These form some of the 16,700 jobs that have been created in Geelong since November 2014, with unemployment down to 5 % from 8.1 %.

Victoria’s manufacturing industry contributes $27.7 Billion to the State’s economy, with over 13,000 businesses employing more than 280,000 people. It also exported $18.16 Billion of manufactured goods in 2016-17.


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