The Swedish truck maker, Volvo, have unveiled a $30 million development project in Brisbane. Volvo’s newly appointed Global President and CEO, Martin Lundstedt, was on hand to participate in a breaking ground ceremony on the new site, this week.
The new development is situated beside the Ipswich Motorway, to the west of Brisbane, and close to the Volvo/Mack assembly facility at Wacol. The site will house a new National Headquarters and Brisbane Dealership, as well as consolidating much of the Volvo organisation into one central location.
Currently, Volvo employees are spread out across seven separate locations in the Brisbane area. This new facility will bring this number down, with most of the employees based at either the assembly facility or the new HQ/Dealership. It will occupy a highly visible site overlooking the Ipswich Motorway, the first to be released as part of the Metroplex Westgate Business Park.
“Volvo has been building trucks in Brisbane for more than 40 years and has a very bright future here,” said Lundstedt. “Wacol is the largest truck assembly plant in Australia and its dedicated workforce has enabled Volvo Group Australia to become the largest truck builder in the country.
“I appreciate that manufacturing in Australia has been in decline for a number of years, as it has in many other countries, but the outlook for our business is strong. We’ve invested more than $27 million in Volvo Group assembly plant in recent years. That’s a sign of our great confidence in the Australian business.”
The turning of the first sod on the site took place this week. Lundstedt was joined by Par Ahlberger, Sweden’s Ambassador to Australia, Noelene Watson, ATA Chair, Peter McGregor, GPT Metroplex, Mark Goodwill, AIG, and Joachim Rosenberg, Executive Chairman, UD Trucks.
“Australia is the toughest trucking environment in the world and it makes sense for us to build locally the specific trucks that the market demands,” said Peter Voorhoeve, Volvo Group Australia President. “In Australia trucks carry heavier loads for longer distances and in higher temperatures than anywhere else in the world.
“Our team has obviously developed a great understanding of what the Australian transport industry needs and the investment being made here demonstrates how positive we are about the future. We are really proud to partner with GPT Metroplex, who will take the investment on this site, which we will lease from them for at least the next ten years.”