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Forestry and timber stories

Timberlink investment boost

Tasmania’s timber industry has been given a big boost with a $100 million investment from Timberlink in production assets. This is set to be rolled out over the next three years and will be invested at Timberlink’s Bell Bay facility, in the state’s north, as well as it’s Tarpeena Mill in South Australia. The money allocated for Bell Bay will be used to install new planer mill equipment, improve existing site infrastructure and improve safety with an upgraded internal road system. Timberlink CEO, Ian Tyson, says this demonstrates that the timber industry is thriving: “It supports the investment strategy of the soft wood sector for Tasmania. It shows the enormous future the timber industry has, both globally and within the domestic market.” Timberlink is the leading producer of plantation timber in Tasmania, sustainably growing quality pine in certified plantations.  

12 September 2018, Edition 198

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