Caravan maker Jayco continues to grow, and has hired another 300 in the last year, according to its owner.
In an interview with Fairfax, Jayco’s Gerry Ryan said a caravan was made at the company’s Dandenong facility every 10 minutes, with output expected to be 11,000 this year.
The Australian market for caravans and motorhomes remains healthy, and units sold last year were up 4.4 per cent in 2014, according to the Caravan Industry Association of Australia, to 21,300.
Over 70 per cent of the caravans sold in Australia are made here, with Jayco the local market leader with a 45 per cent market share. It also holds a 35 per cent market share in New Zealand.
Jayco has doubled its workforce in the last six years, according to Ryan, and has benefited from shifts in holiday-making among Australians.
"Naturally, the caravanning industry has been reliant on the baby boomers, but for the last couple of years we have seen the family market grow, families wanting to spend quality time before they grow up and leave the family nest,” he told Fairfax.
“That's certainly where we have been seeing the growth."
The company celebrated its 40th anniversary this year, and according to an interview with Ryan in March predicts annual revenues of $420 million.