IVECO Trucks Australia has been in Dandenong since 1952 when International Harvester, as it was then known, developed a truck manufacturing facility.
Last week it was a finalist for the Large Manufacturer of the Year award.
“I hope the facility will remain in Dandenong another 60 years at least,” spokesman Ron Grasso said.
Mr Grasso said Iveco was a high value-add, agile manufacturer, supplying customised solutions to the transport sector.
IVECO became part of the Fiat group in 1992 and is now the commercial and specialty vehicle brand of industrial goods multi-national CNH Industrial following a Fiat-Case New Holland merger.
Mr Grasso said the deal created new opportunities for the group in Australia, particularly in research and development.
The business expects to grow in the coming years through opportunities in bus and coach manufacturing – it manufactures bus chassis at the Dandenong facility – and its capabilities in defence force products and emergency services vehicles.
Iveco Trucks Australia has about 600 employees Australia-wide and the Dandenong headquarters houses about 150 within the manufacturing facility, with around double that number in manufacturing support roles.