FORESTRY company OneFortyOne Plantations has announced its wood products team has been given approval to start work on a new capital expenditure project worth around $14m at its Jubilee Highway Sawmill.
The project will see the construction and commissioning of an additional 61 sorter bins for the site, all of which will be fabricated and installed by local contractors.
OFO chief executive officer Linda Sewell said “we were clear from the day we announced our intention to purchase the mill, that while we would not expand its capacity we are committed to investing in the mill and our local team in Mount Gambier”.
“The highly skilled team at the Jubilee sawmill are well used to managing investment projects of this scale and this latest project means greater efficiencies on the site and improvements along the entire supply chain,” she said.
“We are proud of our track record supporting domestic processing and continuing to make substantial investments in the Green Triangle.”
Jubilee Highway Sawmill manager Paul Hartung said the investment was a great reinforcement from OFO of the team at the mill so soon after its acquisition.
“OFO also confirmed there will be no redundancies as a result of the project and estimates there will be over 50 local contractors working on site during the term of the project,” he said.
