10-year Agreement on Log Supply between Forest SA and KSI Sawmills Leads to Plans for New Sawmill

Backed by a 10-year log supply agreement between ForestSA and KSI Sawmills, KSI has announced its plan to build a new $4.5 (A$) sawmill near Murray Bridge. The new sawmill will not only increase needed timber supply but also create new local jobs. In commenting on the new agreement and sawmill facility, Minister for Primary Industries and Regional Development David Basham said “KSI will predominantly consume lower grade log from ForestrySA’s plantations in the Adelaide Hills. The new $4.5 million mill will help KSI Sawmills more than double their current production to approximately 60,000m3 annually and create nearly 30 jobs,” he said. KSI Sawmills director Victor Kyriakou said the new mill is an exciting development for South Australia. “KSI has been working constructively with ForestrySA for more than 12 years now. We are so lucky to have a forest estate owned by the South Australian Government,” Mr. Kyriakou said. “We are really looking forward to the next stage of expanding our business and encouraging local manufacturing in South Australia.”