The Victorian Government will contribute to the $900,000 investment in a major expansion project for Ryan and McNulty Saw Millers in Benalla, securing existing employment and creating seven new jobs, Member for Northern Victoria, Jaclyn Symes, announced. Source: Timberbiz
Ms Symes visited the sawmill in Benalla and said the continued re-investment in local forestry industries was key to securing sustainable economic growth in the region.
She said the forestry industry is a key employer in the region and generates $6 billion of sales and service income annually for Victoria, much of which remains in the local community.
Ms Symes said with the support of the Victorian Government through a Regional Jobs Fund grant, Ryan and McNulty will improve and modernise their manufacturing facility.
The project includes:
- Installing new IT systems to support certification for export markets including the US
- Installing a new gas main to support increased kiln production capacity
- Installing an automated docking line to improve business sustainability and competitiveness
- Improving energy efficiency and reducing the cost of production.
“High performing businesses like Ryan and McNulty underpin jobs growth, exports and economic competitiveness in country Victoria,” Ms Symes said.
“The timber processing and manufacturing industry is a key employer for people living in north east Victoria and investing in the competitive and sustainable future of Ryan and McNulty Saw Millers is a great outcome for my home town of Benalla.
“Through the Victorian Government’s $500 million Regional Jobs and Infrastructure Fund, we are supporting projects like Ryan and McNulty in Benalla that will build critical infrastructure, create jobs, invest in communities and support new and emerging industries.
“Improving the growth and productivity of local businesses is key to securing a positive future for our country communities.”
Ryan and McNulty was established in 1942 and remains a key employer in Benalla with 45 employees. The investment will allow the specialty hardwood timber producer to increase production capacity while maintaining competitive operating costs.