Industry News

A new chapter for Volvo

A new chapter for Volvo

Volvo has manufactured some 60,000 trucks at its Wacol factory in Queensland since 1973. This week, the company embarked on a new chapter, opening its new national HQ at Wacol.

Queensland Premier Annastacia Palaszczuk joined AB Volvo CEO and president Martin Lundstedt and Volvo Group Australia CEO and president Peter Voorhoeve in unveiling the $30 million development at the Metroplex Westgate business park, close to the company’s existing assembly plant.

“The company is our nation’s only truck manufacturer to be awarded ‘Australia Made’ certification and holds an impressive 27.4% share of the heavy-duty truck market,” Palaszczuk said.

“Its new headquarters and dealership, training facilities and factory expansion are proof Queensland’s economy is going strong, our construction and manufacturing industries are powering ahead, and ours is the best state in Australia in which to do business.”

The Premier said more than 300 jobs were created during construction of the new headquarters and around 195 Queenslanders would now work there, along with 530 at the nearby factory in Wacol.

“Volvo Group’s decision to base its national operations here was not only an economic win for Queensland, it’s been a personal win for hundreds of South East Queensland families, providing them with opportunities and job security for the long haul,” she said.

The Premier said she was thrilled that Volvo, the global inventor of the three-point seat belt which has saved more than a million lives, was now testing its heavy vehicle innovations on Queensland roads.

“Volvo knows, if its new truck prototypes can withstand 50-degree Outback heat, a kangaroo darting out onto the road, and very long stretches between fuel stops, they will work anywhere,” Palaszczuk said.

“Queensland is the ideal testing site, the perfect incubator of bright ideas and a manufacturing powerhouse. We are the proud to be home to this remarkable ‘Australia made’ success story, conceived in Sweden but built right here in Queensland.”

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