Ford Australia will undertake a $20 million expansion at its Geelong casting plant in Victoria, and boost its design and engineering capacity for its Ford Territory, creating 50 new jobs and securing jobs for 100 workers.
The VIC Premier John Brumby, Federal Innovation, Industry, Science and Research Minister, Senator Kim Carr and Victorian Industry and Trade Minister Jacinta Allan joined Ford Australia to announce details of the project to modernise the Geelong casting plant to boost production, cut greenhouse emissions and save water.
The project involves a major upgrade to the Geelong casting plant that will enable Ford to manufacture one million brake rotor components each year under a new agreement with Bosch Chassis Systems.
Production of brake rotors will be in addition to the plant’s casting of engine blocks for the Ford Falcon and Ford Territory.
It will also manufacture engine blocks for Ford’s new Euro 4 compliant I6 petrol engine which will be machined and assembled in the Ford Geelong engine plant.
Mr Brumby said the announcement is “great news for local jobs and for the automotive industry.”
“Victoria is the engine room of Australia’s automotive industry – our sector is worth $15 billion and employees 35,000 – and the Victorian Government is committed to its long-term future.
“That’s why our Government is proud to support Ford in this new investment. It will increase the Geelong casting plant’s workforce by 50 per cent and deliver a significant boost to the automotive supply chain which relies on a productive, sustainable production here at the Geelong plant.
“The casting plant upgrade is great news for the environment too – it will save four million litres of drinking water each year with Ford to use recycled and storm water, increase the use of recycled metal and cut greenhouse gas emissions by 2700 tonnes annually.”
The Victorian Government is providing significant support towards the Ford casting plant upgrade.
Senator Carr said the Rudd Government would separately provide $11.8 million for further design and engineering for the Euro IV Territory – available in petrol and diesel from 2011.
Territory engine funding is from the Automotive Competitiveness and Investment Scheme.