More jobs at Avalon11/10/2018
Avalon Airport is ready to soar with the opening of a new industrial precinct, thanks to a Victorian Government investment to attract business and create jobs in the Geelong region.
A new state-of-the-art Cotton On National Distribution Centre at the new Avalon Airport Industrial Precinct was opened today.
The new distribution centre will secure 300 jobs – with Cotton On relocating their Lara operation – and kick start the 40-hectare industrial precinct, which aims to attract businesses to locate their operations on site.
By 2026, the industrial precinct is expected to create 750 direct jobs on site, and 1,100 indirect jobs – boosting the already growing local economy.
With a $1.5 million investment though the Regional Jobs and Infrastructure Fund, the Government has ensured essential infrastructure is available on site, including gas supply, water supply, fibre optics and electricity.
The Government also helped to secure a $40 million investment from Avalon Airport and Geelong-based Cotton On Group to develop the purpose built distribution facility.
The development of the new industrial precinct will help the airport diversify its operations and secure its future as a freight and logistics hub, with the capability of servicing a variety of industry sectors.
This investment builds on previous Government investments in the future of Avalon Airport, including an agreement with Jetstar to secure flight operations at Avalon for ten years from 2015.
Avalon Airport hosts approximately 700,000 domestic passengers each year as the gateway to the Bellarine Peninsula and the Great Ocean Road, and provides an alternative departure and arrival point to Tullamarine.
The boost to the region is consistent with the growth in the economy and jobs market – with more than 18,000 jobs created in Geelong and its surrounds since late 2014.