Fuchs Lubricants (Australasia) has announced that it will open a new factory in NSW, citing the importance of the mining industry and the company's commitment to manufacturing in Australia.
Fuchs, a wholly-owned subsidiary of Fuchs Petrolub in Germany, will move operations from its current site in Wickham to a 25,000 square metre greenfields site in Beresfield.
“This project will be a significant investment into the Newcastle region, and is part of an ongoing strategy to increase our investment into our operations in Australia,” Wayne Hoiles, the company’s Australasian managing director said in a statement.
Construction in slated for mid-2015 and full operations at the facility a year after that. All workers would retain their jobs at the new factory.
Mentioned by the company was the closeness to Wickham, which had insufficient capacity, logistical reasons and the demands from the resources sector.
“The Australian mining industry is of significant importance to the Fuchs Group, and the construction of this new manufacturing plant will allow us to improve the responsiveness and quality of our service for our Australian based customers,” said Dr Georg Lingg, a board member of Fuchs Petrolub AG with responsibility for the Asia Pacific and Africa region.
“This commitment is part of our global investment program to invest in the future, particularly in the growing South East Asian region.”
The expansion announcement follows Fuchs’ opening of a $4.5 million warehouse in Melbourne last year.