A Melbourne car parts manufacturer has bucked the downward trend hitting the automotive manufacturing sector, with around 30 new jobs to be added to its workforce within a year.
Mett Pty Ltd, a high-pressure aluminium die-casting facility in Melbourne's south-east, will supply high feature V6 front engine cover assemblies to General Motors in the US, Canada and Port Melbourne.
The extra production is expected to double the company's turnover and result in sales of between $57 million to $75 million, with exports accounting for two-thirds of the total.
Victoria's Industry and Trade Minister Theo Theophanous said the production would have flow-on benefits for Simsmetal, which will supply Mett with secondary aluminium, and a range of other Victorian companies involved in tooling and robot installation.
"The project demonstrates how local automotive manufacturers can remain internationally competitive by modernising production equipment and plugging into global supply chains," Theophanous said.
Mett executive manager Erwin Schulter said production of the engine covers would be ready to start within months.
While the industry as a whole was weak, Mett, which employed 300 staff at its Noble Park factory, was fortunate it had not been hit by any redundancies, Schulter said.
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