OneFortyOne set to invest a further AU$19M

Friday 28 Jun 2019

 
When OneFortyOne took ownership of Mount Gambier’s Jubilee Highway Sawmill in 2018, it not only cemented the company’s commitment to the Green Triangle region, but it also marked the first of many significant investments to be made at the site.

Over the past 18 months, OneFortyOne has invested AU$19 million in various projects, ensuring the mill remains one of the largest and most efficient mills in Australia, and at the cutting edge of domestic processing.

The company has announced this week a further AU$19 million investment at the site for two major capital projects. Work is set to start this month with the purchase and installation of a new scanner and two new highly efficient Continuous Drying Kilns, with the projects set to conclude in 2020.

OneFortyOne’s Executive General Manager Australia, Cameron MacDonald said “We are excited to see the positive impact of our ongoing investment across the mill, ensuring it continues to be a world class plant for many years to come.

Source: OneFortyOne
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