China’s leading train and tram interior fittings manufacturer @KN has signed an MoU with Victorian-owned and based @Assemco. This partnership will bring new skills and technology to Victoria’s tram manufacturing sector and its supply chain.
KN – listed on the Shanghai Stock Exchange – has China’s biggest market share in the manufacturing of doors, fittings and other interior components of rolling stock. Its deal with Assemco, supporting the transfer of ceiling panel assembly on the new G Class trams to Victoria demonstrates international confidence in the state’s advanced manufacturing capability and highlights opportunities for foreign collaboration.
More components of Melbourne’s new G Class trams will be built in Victoria through this new partnership.
Under the agreement, Assemco will acquire the knowledge and expertise required to take over the assembling, testing and painting of the panels – building a skill base that can be applied to other tram components at home.
Croydon South-based Assemco employs 115 people and has close to 30 years’ experience in rail manufacturing. Its partnership with KN will deliver new jobs now and strengthen Victoria’s local supply chain in the future.
The deal was signed as part of a delegation of Victorian manufacturers led by Alstom Australia and New Zealand, which includes Copamate, New Touch Industries and Catten Industries. The delegation is supported by the Allan Victorian Government.
The Government’s record $1.85 billion investment to build 100 new low-floor G Class trams in Victoria – and a brand-new depot – is the biggest investment in trams in Australian history. The project is being built with at least 65 per cent local content and will support up to 1,900 Victorian jobs.
Through its China Strategy, Victoria aims to be the first port of call for Chinese business to innovate and invest – delivering jobs, skills and stability in an increasingly uncertain global economy.
This partnership demonstrates how Victoria’s advanced manufacturing sector continues to attract international collaboration and investment, creating opportunities for local industry, new skills, and stronger supply chains.
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