News

New $440 million logistics hub opens in VIC

On Tuesday 11 April Wade Noonan, Minister for Industry and Employment, officially opened Drystone Estate – a 95-hectare industrial precinct that supports the likes of Target, Woolworths, The Reject Shop, Laverton Cold Storage, Rand Transport and Couriers Please.
The site is located 20km from Melbourne’s CBD, and sits close to the Western Ring Road, the West Gate Freeway and the Princes Highway.
The Victorian supply chain and logistics sector is worth $21 billion to the state’s economy each year – or seven per cent of the state’s Gross State Product – and employs 260,000 people state wide. The industrial estate is expected to create jobs for 1,200 people.
“Melbourne is the city of choice for major logistics and supply chain companies to do business,” said Noonan.
“This massive precinct will accommodate some of the biggest names in retail, and create more than a thousand jobs – which is great news for the city’s west.”

Leave a Reply

©2019 All Rights Reserved. MHD Magazine is a registered trademark of Prime Creative Media.