Mining equipment manufacturer Conymet Duratray International will set up a new state-of-the-art manufacturing facility and global headquarters in Cranbourne, Victoria in a move that is expected to create up to 100 new highly skilled jobs.
Founded in 1974, Conymet Duratray is a Chilean-based company that specialises in the design and manufacturing of mining truck trays, spare parts, steel and rubber components for haulage equipment for the mining industry.
Conymet Duratray owns and operates facilities in Australia, Chile, the United States, South Africa and Russia and currently exports to more than 35 countries across five continents.
Minister for Economic Development Tim Pallas welcomed the company’s decision to grow its current Victorian footprint by onshoring overseas manufacturing functions and establishing a new innovation division in West Cranbourne.
“Conymet Duratray is relocating its global HQ to Victoria because of our highly skilled workforce, and our world-renowned capabilities in advanced manufacturing, innovation, and research and development,” the Minister said.
“Attracting investment from companies such as Conymet Duratray will help us grow high-value jobs and boosts our economy.”
Marcelo Medel, Managing Director, Conymet Duratray International said the company intends to draw on Victoria’s highly skilled workforce and the State’s innovation, research and development capabilities, to develop new specialties in the areas of mining data analytics, Internet of Things, machine learning as well as advanced composite materials for its product line.
“We’re excited to embark on this new innovation journey in Victoria,” he continued.
“We’re committed to supporting Victoria to become the mining tech hub of Australia, given its strengths in the METS, advanced manufacturing and technology sectors.”