Timberlink, the Australian timber products manufacturing business owned by investment funds managed by New Forest, announced today (9-10-21) a $5.3 million (AUD) upgrade to its Tarpeena manufacturing facility, with the installation of a new Light Organic Solvent Preservative timber treatment plant.
Timberlink chief executive Ian Tyson said the expansion leveraged the upgrades announced last year, which will add a Cross Laminated Timber and Glue Laminated Timber manufacturing facility to the Tarpeena site. “This investment in a dedicated treatment plant is another key development in the creation of a world-class timber processing facility in Tarpeena,” Mr. Tyson said. “New permanent roles will be created at the site, in addition to a number of jobs created during construction.”
The project will start this month and is expected to be completed early in 2023.
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Timberlink adds to expansion