SYDNEY, AUSTRALIA: James Hardie Industries plc (ASX: JHX), producer and marketer of high-performance fiber cement and fiber gypsum constructing options has entered into an
agreement to buy land in Melbourne, Victoria, Australia to allow continued capability expansion.
James Hardie acknowledges the Kulin Nations because the Traditional Owners and custodians of this land and pays respect to their Elders previous and present. The greenfield site in Melbourne is a half of the group’s global strategic capability expansion program and would be the fourth manufacturing site inside James
Hardie’s Asia Pacific manufacturing network.
Currently there are manufacturing websites in Rosehill, NSW, Australia, Carol Park, Queensland, Australia and Cabuyao, Philippines.
Commenting on the Melbourne Site, Interim CEO Harold Wiens stated, “Adding a producing site inside the State of Victoria enables James Hardie to proceed to meet the strong demand for our excessive worth constructing options inside the Asia Pacific region.
As we proceed our strategic focus on marketing on to the homeowner and commercializing market-led innovations, this site will assist us not solely meet this demand however allow the manufacturing of new improvements and existing high-value products.”
LOGOS Group, one of Asia Pacific’s main logistics property specialists, has been chosen because the developer for the project. It is anticipated the Melbourne Site will start manufacturing with one sheet machine by April 2025.
Ultimately, we anticipate the Melbourne Site will be able to accommodate 2 sheet machines in addition to additional manufacturing capabilities.
Similar to our existing 19 manufacturing websites across the globe, we believe the Melbourne Site will assist to construct a sustainable community in Victoria. We will supply uncooked supplies locally, ship merchandise locally, donate locally
and make use of locally. During construction, the Melbourne Site will generate an common 250 jobs per day, peaking at roughly 500 jobs per day.
Once the primary phase of works is completed, there’ll be 150 new fulltime jobs created which we anticipate will increase to 200 jobs, as soon as the full project is completed.
The Melbourne Site will generate a number of additional alternatives inside the native community for expert and expert labor to support site operations.
The Melbourne Site will be able to directly ship excessive worth merchandise to key growth
markets each locally and internationally.
www.jameshardie.com.au