A leading Peruvian manufacturer is establishing its Australia and New Zealand HQ in Geelong, bringing jobs and investment to the region.
Minister for Industry and Employment Ben Carroll announced today that Vistony Industrial del Peru SAC will set up its Australia and New Zealand headquarters in Norlane - creating 20 new jobs.
The company expects to start operating early next year once construction of the new facility is complete, focusing on sales and marketing from its Geelong site, supplying markets in Australia and New Zealand.
Vistony supplies oils, lubricants and greases for the industrial, automotive and mining sectors globally, with branches across Latin America, the United States, India and Spain.
Victoria is a leading investment destination in the Asia Pacific region for Latin American companies across the mining, technologies, agriculture and manufacturing industries.
The manufacturing industry contributes $27.7 billion to the Victorian economy, is made up of more than 13,000 businesses and employs more than 280,000 people.
Victoria has recorded 17 months of consecutive growth in the Australian Industry Group’s Performance Manufacturing Index – the longest run of expansion since 2001.
The growth in manufacturing is backed by the Andrews Labor Government’s $130 million in manufacturing support, which is creating over 6,000 jobs and driving $1.6 billion in private investment.
The Labor Government has recently established a new office in Santiago to support and increase trade, education and investment activities between Victoria and the Latin America region.
Quotes attributable to Minister for Industry and Employment Ben Carroll
“Victoria is a global leader in manufacturing and this investment from Vistony cements that position.”
“We’ll always back manufacturing because it creates local jobs and boosts our economy.”
Quote attributable to Member for Lara John Eren
“Geelong is a leader in manufacturing so it’s no surprise that Vistony has decided to set up shop here – creating local jobs.”
Quotes attributable to Founder and Chairman of Vistony del Peru Oswaldo Hidalgo
“The support of the Victorian Government was instrumental to our decision of establishing Vistony’s Australia and New Zealand Headquarters in Victoria.”
Reviewed 19 August 2020