Futuris Automotive, Holden’s biggest parts supplier, will be able to bring back a second shift at its Adelaide factory as a result of the decision by the GM-owned Australian automaker to return the afternoon shift at its Elizabeth plant in November.
Futuris Automotive supplies seats and interior trims to Holden and expects to restore nearly 200 jobs. The supplier cut its second shift when Holden was hit by the global financial crisis last year (as well as the carpocalypse) and – as a result – scaled back production.
“Certainly the mood in the industry in South Australia will be significantly buoyed by this news,” said David Chuter of Futuris.
TI Automotive, a fuel and brake line supplier for Holden, also plans to boost employment once Holden’s Elizabeth plant has increased production.
Overall, it looks like the automotive industry is on a rebound after the 2008 crisis! Not only is this music to the ears of Holden and GM, but it’s also great news for automotive suppliers and their employees the world over.