Victorian Premier Ted Baillieu today congratulated Boeing Aerostructures Australia for creating more than 600 high quality jobs at its Fishermans Bend plant over the past two years with up to 50 more to follow by the end of the year.
"Boeing Aerostructures Australia is Australia's largest aerospace component manufacturing facility and the company's largest manufacturing footprint outside North America," Mr Baillieu said.
"Fishermans Bend plays an important part in Boeing's global supply chain by producing components for most of the aircraft in the Boeing commercial fleet. This is a significant export industry for Victoria.
"Importantly, Fishermans Bend is the sole location for the manufacturing of the moveable trailing wing edge for the 787 Dreamliner program, using carbon fibre production technology developed in Victoria.
"I commend Boeing's innovation and vision in winning this crucial contract – the largest aerospace contract in Australia – which is a vote of confidence in Victoria's advanced manufacturing capabilities.
"The 787 program, which will contribute more than $4 billion in exports over the next 20 years, is one of the most valuable and prestigious manufacturing export projects in the state.
"This is a fantastic achievement for Boeing and a wonderful boost for the Victorian economy
,both in terms of creating jobs and in generating export power."Victoria is the leading State in Australia for the aerospace, aviation and defence industries.
"Our aerospace and aviation sectors now employ almost 20,000 people at up to 400 firms which account for around 40 per cent of the national aerospace output, and about 40 per cent of Australia's civil maintenance repair and overhaul activities.
"Victoria's manufacturing sector is the single largest full-time employer with around 258,000 people employed in more than 25,000 businesses.
It generates $110 billion in economic activity, invests $1.5 billion in research and development and is our leading exporter, worth $15.3 billion last year," Mr Baillieu said.