The country’s best-performing car manufacturer, Toyota Australia, will receive an extra $30 million from the federal government to make a new Camry.
GM Holden is asking 1,700 staff to take a two-year pay freeze to help the company save $15 million a year and remain viable.
Carbon Revolution, who has made “the world’ first one-piece carbon fibre wheel”, is planning to invest in a new facility in Geelong.
Negotiations to increase assistance to Holden are focussed on the long-term, SA Premier Jay Weatherill has said, though would not comment on reports that the car maker had secured another $200 million.
The Lavington DSI Holdings factory, which makes gearboxes for SsangYong, is at risk of closing once its contract with the South Korean automotive company runs out.
Four hundred workers at Holden’s Elizabeth plant are going to work for the last time today, as the AMWU has revealed that 85 per cent of workers will refuse pay cuts that the company has said are necessary to remain viable.
Ford Motor Co. in the United States is hiring 800 more salaried workers than it announced in January as it races to keep up with demand.
Voluntary redundancy packages have been accepted by 400 workers at Holden, who will leave the company on Friday.
Coalition frontbencher and Sturt MP Chris Pyne has met with Holden workers and the AMWU’s John Camillo regarding the car maker’s future.
Peak state union body SA Unions has listed protecting manufacturing as a focus over coming period as it announced its five-year plan, launched by Premier Jay Weatherill yesterday.
“Under this [Labor] government we’ve seen one manufacturing job lost every 19 minutes.” – Opposition industry spokeswoman Sophie Mirabella, Q&A, 1 July.
Billionaire mining entrepreneur and leader of Palmer United Party, Clive Palmer, has said that the three remaining Australian car makers should be encouraged to make cars out of the one factory.
Coca Cola Amatil has closed its Peats Ridge bottling plant, citing a decreased demand for bottled water and offering four redundancies to employees.
New Castalloy, a components manufacturer owned by US motorcycle company Harley-Davidson, has been given a four-year rent-free deal at its SA government-owned factory and will stay open.
US-based aluminium maker Aloca has confirmed that its Victorian smelters are being considered for closure as it comes under pressure to reduce production.
South Australia’s manufacturing minister Tom Kenyon has said he has genuine concerns for GM Holden’s future in Australia, as the car maker pushes for further funding to secure an upgrade of its Elizabeth plant.
The federal government has provided funding to a high tech project which is expected to lead to 175 new jobs in Tasmania.
World-renowned business model expert and former South Australian Thinker-In-Residence Goran Roos is to spend a month reviewing Holden’s financial and manufacturing data.
Last month the Plastics and Chemicals Industry Association released its industry roadmap, Adding Value, offering governments advice on how the sector could be helped to do its job better. Brent Balinski spoke to PACIA’s CEO Margaret Donnan about Australia’s “broken” gas market and more.
The AMWU will hold three meetings on Monday and Tuesday with Holden workers after their shifts end, with the number of those applying for voluntary redundancy exceeding the number of redundancies offered.