The Baker brothers have announced they have bought a $1.1 million apartment in the former home of the US vice president, Mike Pence, and are moving into their new digs.
The company that owns the property, Baker Brothers, is a leading producer of plumbing products, including plumbing supplies, and has been building its business in Australia and the United States for years.
Key points:The Baker brothers will relocate to a new property in Melbourne after building a strong business in both countriesThe company has been busy building the brand in AustraliaBaker Brothers said it would be the “largest-ever Australian manufacturing facility”The company said the building would allow for “a significant and meaningful expansion” of its workforceThe company, which has an annual turnover of $4.5 billion, employs more than 10,000 people in the two countries.
It’s not the first time Baker Brothers has built a foothold in Australia.
It first opened its doors in Brisbane in 1997 and is now based in the city’s south.
The firm is building a new $1 billion manufacturing facility in Melbourne and is hoping to create thousands of jobs for locals in the state.
Key facts:Baker is the largest-ever manufacturer of plumbing supplies and has built up a strong Australian businessIt has more than 40,000 employees in the US and has produced some of the world’s best-selling productsBaker said the new building would help its company become a “world leader in plumbing”The new building is set to have a workforce of approximately 10,800 people in MelbourneThe company is building the facility in the Australian city of Melbourne, which is expected to create more than 1,000 jobs.
“The Baker Brothers Australia has the largest number of products in one building and will be the largest manufacturing facility of its kind in Australia, and we’re very excited to be able to build this facility in this beautiful new location in Melbourne,” Baker said in a statement.
The Baker’s plan is for the new facility to be the biggest in the world, with the company aiming to have more than 100,000 square metres of floor space.
Baker has already built a large footprint in Australia in the past, building more than 400 facilities in Melbourne, Sydney and Adelaide, as well as an assembly plant in Tasmania.
The new factory will create more jobs for local workersBaker says the new factory in Melbourne will create at least 800 jobs, but that more jobs will be created elsewhere in the countryBaker’s plans are set to see more than 800 jobs created in the building, with many of those jobs being in construction, as the company tries to expand its presence in the United Kingdom.
Bakern Brothers chief executive Andrew Baker said the construction of the new manufacturing facility would help the company become “the world leader in producing plumbing”.
“It’s a huge opportunity for us to become a global supplier of products to the global market and it’s also important to us that our employees are working in the best facilities in Australia,” he said.
“This new building will allow us to build a world-class manufacturing facility for Baker Brothers in Australia.”
The company also announced plans to build three new facilities in the UK, where it has offices, in a bid to increase its overseas workforce.
The Bakers plan to create jobs in the construction sector will also boost its sales and profits, which are currently in the red.
The construction industry in Australia is booming with a number of companies in the industry employing more than a million people.
The building’s construction was completed earlier this year, and is expected by 2020 to have nearly a million square metres.