Fuchs to invest $5.5m in Australian lubricant business

Fuchs Petrolub AG has announced plans for a $5.5 million expansion of its Melbourne facility and a major redevelopment in Newcastle.

[Image, right: Fuchs staff at the launch of the new Melbourne laboratory last year.]

The plan is part of a global investment project by the company, which began in Australia last year with the launch of a new regional Lubricant Laboratory and Technical Centre in Melbourne, designed to boost local and regional lubricant development and sales.

The completely refurbished centre now hosts advanced equipment for the formulation and application of all types of lubricants and functional fluids.

The additional $5.5 million investment in the region was announced by Fuchs Petrolub AG global CEO, Stefan Fuchs, during a recent visit to Australia.

The visit coincided with the 2012 Fuchs Australasia National Sales Conference, which saw Fuchs staff undergo three days of technical training, during which they learned about new products, corporate updates and marketing initiatives.

“There is an enormous amount of drive, dedication and commitment amongst the team here, which will undoubtedly be the basis for further success in the future,” said Fuchs.

Fuchs Lubricants (Australasia) managing director Wayne Hoiles praised Fuchs and AG executive board member Dr Georg Lingg – who also attended the conference – for their commitment to the region.

“The initiatives announced at the conference testify to the great track record of Fuchs Australasia, and the Fuchs Group’s commitment to our region,” said Hoiles.

“After the conference, both Mr Fuchs and Dr Lingg spent a day with both staff and customers at our Melbourne Head Office.”