KSI Sawmills Announces $4.5 Million Investment in New South, Australia Sawmill

KSI Sawmills has announced that they are making a $4.5 million-dollar (A$) investment in South Australia’s timber industry. KSI Sawmill currently operates a small mill at Nuriootpa and plans on building a new mill which will be strategically located allowing for expansion, offering improved transportation routes central to both local timber plantations and downstream markets. The new sawmill will help KSI Sawmills more than double their current production to approximately 60,000 m3 annually and create nearly 30 jobs. The investment has been made possible thanks to a new 10-year log supply agreement between Forestry SA and KSI Sawmills.

Victor Kyriakou, KSI Sawmills Director, said the new mill is an exciting development for South Australia. “KSI has been working constructively with Forestry SA 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.”

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Original Source:
New $4.5 million sawmill for the Adelaide Hills