ESSENTRA UNDERSCORES COMMITMENT TO THE AUSTRALIAN INDUSTRIAL MARKET WITH NEW A$2.7 MILLION SITE OPENING IN SYDNEY(07/15/2015)
Essentra plc, the global provider of essential components and solutions, today officially opened a c. 2,000m2 manufacturing and distribution facility in Sydney, entailing a A$2.7 million investment by the UK-listed business.
Speaking at the opening, Chief Executive, Colin Day, said the investment reinforces Essentra’s long-term commitment to Australia by securing the retention of manufacturing capability in the domestic market, while bolstering the company’s customer offering.
“Essentra’s investment in this dedicated manufacturing and distribution facility – in conjunction with our recent acquisition of Specialty Plastics in Western Australia and the expansion of our warehousing capabilities in our Asian regional hub of Singapore – underscores the commitment of our Components business to the strategically important Australian market.
“Boasting a redesigned manufacturing layout for improved efficiency, as well as a 400% increase in stock locations to leverage our global supply chain, our new Sydney site provides Essentra with a strong foundation for ambitious growth in a targeted market. Additionally, it will allow us to provide our Components customers with even greater product choice and stock availability, combined with rapid delivery and an excellent service proposition.”
The new site complements Essentra’s global Components business, which encompasses approximately 2,000 employees in 27 countries, and its global network of c. 9,000 employees in 33 countries, with 69 principal manufacturing facilities, 64 sales and distribution operations, and five research and development centres.
Essentra’s Australian manufacturing business serves a diverse range of industrial sectors and applications, in particular oil and gas, construction and specialist transport, with products from the new Sydney facility bound for customers in 16 countries across Europe, Asia, Australasia and the USA. Indeed, in the past 12 months alone, Essentra Australia has produced over 17 million parts and shipped more than 18,000 product lines.
With some 13,000 new products available to purchase from the website, together with over one billion parts in stock from its international network of distribution centres, Essentra is well-positioned to deliver a market-leading product portfolio and service level to global customers.
For further information on Essentra Components in Australia, please visit www.essentracomponents.com.au>.