As a component of Visy Executive Chairman Anthony Pratt’s recent 2 billion AUD investment pledge in Australian manufacturing, the company announced it would invest over 70 million AUD in South Australia over the next 12 months.
The 70 million AUD investment will completely rebuild Visy’s West Croydon based glass furnace, ensuring the company will be able to manufacture glass bottles in South Australia for years to come. Visy will also invest in three new glass forming machines used to shape glass bottles.
Visy’s glass facility in West Croydon employs approximately 160 people in manufacturing jobs, and the company’s manufacturing investment will secure these jobs for the long term.
Visy has committed to increasing the average recycled content glass content used by its glass manufacturing plants from 30 to 70 per cent, keeping more glass in the circular economy, reducing landfills and creating environmentally sustainable re-manufacturing jobs.