A regional Victorian manufacturer has secured a major contract to make 395 truck trailers for supermarket giant Coles in a development expected to create more than 100 jobs.
MaxiTRANS Industries says the $60 million deal to build the refrigrated and non-refrigerated trailers at its Ballarat plant is one of the nation's largest contracts of its kind.
Chief executive Dean Jenkins said the deal is a "tremendous show of support" by Wesfarmers-owned Coles in Australian regional manufacturing.
"Coles' decision to buy Australian-made is not only a vote of confidence that our existing 950 employees build a world-class product, but it will also help to generate more than 100 new jobs over the life of the contract," Mr Jenkins said on Monday in a statement.
All parts for the trailers will be assembled at MaxiTRANS' manufacturing facility in Wendouree, Ballarat and feature components made at its plant in Hallam, both in Victoria.
At 1511 AEST, MaxiTRANS shares were up 3.5 cents, or 4.8 per cent, to 76 cents.
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