Midway Limited officially opens Tasmania’s newest wood fibre export facility at the Bell Bay Industrial Complex. The facility will increase export capacity by up to 500,000 tonnes per annum and support jobs both onsite and in the field.
This $15 million investment is the result of five years of trialling sustainable thinning harvesting of native re-growth forests on Permanent Timber Production Zone land to provide a sustainable product which also meets customer demand and assists in growing high-quality sawlogs for the Tasmanian timber processing sector.
Midway Limited is Australia’s only listed wood fibre processor and exporter and has export facilities in Brisbane, Portland in the Green Triangle and now Bell Bay in northern Tasmania. Midway also manages a planation asset on the Tiwi Islands’ that export through the Port of Melville.