Through the intervention of Federal and Victorian Governments, Toyota and other stakeholders, automotive glass manufacturing in Geelong has been retained through the MH Group acquiring CSR Viridian’s glass manufacturing facilities.
Industry minister, Senator Kim Carr and Martin Pakula, Victorian Minister for Industry have welcomed the announcement.
“This is a good result for CSR Viridian’s workforce, with around half to be offered jobs with MH Group and all to be paid redundancy entitlements,” Senator Carr said.
“It is also a welcome reprieve for the local economy in Geelong and the Australian automotive industry.
“This positive result has been achieved through close consultation between the two companies, the Australian Government, the Victorian Government, Toyota and other stakeholders to find a solution to retain the automotive glass operations in Geelong.
“The acquisition has been facilitated through Federal and State funding, with a grant provided under the Australian Government’s Automotive Industry Structural Adjustment Program.
“The Australian Government is committed to ensuring a future for automotive manufacturing in Australia and today’s positive outcome demonstrates that the $6.2 billion New Car Plan for a Greener Future is producing results.
“We will continue to work in partnership with the automotive industry and local production capacity which supports local jobs.
“I understand MHG and Toyota will rebuild and expand the automotive glass business and I wish them every success in this endeavour,” Senator Carr said.
Pakula welcomed MHG’s purchase of CSR Viridian’s automotive glass manufacturing plant and equipment.
“We have worked tirelessly with MHG and CSR Viridian to protect these local jobs and this vital automotive capability by saving this plant,” Pakula said.
“Without this plant, the Australian automotive industry would have been left with no choice but to import glass for their vehicles.
“The Victorian automotive industry is a vital part of our economy directly employing close to 34,000 people. I welcome MHG’s commitment to the future of automotive glass production in Victoria,” Pakula said.