The Australian federal goverment is giving a cash boost to Boral Timber’s plans for building a US$19m engineered timber flooring plant on the New South Wales north coast.
The government is providing A$1.12m towards the plant at Murwillumbah, which will eventually produce one million m2 of engineering flooring a year.
Funding will give greater opportunities for training of more than 120 employees, support local suppliers and contractors in the upgrading of plant facilities and boost Boral’s local environmental programmes.
The plant will supply the domestic market, which is currently served by mainly European and Asian imports. Boral believes the product also has substantial export potential and will lead its push into further value-added use of scare native hardwood resource.
Construction is scheduled to begin soon, with commissioning expected around mid-2004.
