Thursday, June 20, 2013

Foreign investment secures Bombala's future - ABC South East NSW - Australian Broadcasting Corporation

Foreign investment secures Bombala's future - ABC South East NSW - Australian Broadcasting Corporation 
( Take a look at the video behind the above link.)

Bombala is surrounded by extensive softwood plantations and for many years there have been failed attempts to develop a softwood mill to process the resource.

Donghwa Holdings, the largest timber processing business in South Korea, has been the one to succeed, building and recently opening a new high-tech sawmill and treated timber processing facility with approximately $65m of their investment, together with $12m from the Australian government.

The sawmill is a computer controlled, automated mill supplied from Finland. A high speed broadband link allows the suppliers in Finland to access the mill for system analysis and operational support.

Bart Crawley, Managing Director of Dongwha Timbers said the company had supply agreement with Forestry Corporation (formerly Forests NSW) for 270,000 tonnes for the next 20 years.

Dongwha Holdings, a South Korean company that previously traded in Australia as TASCO. Trading as Tasco, the company supplies markets primarily in Sydney and Melbourne.

Nordautomation Oy, Kristiinankaupunki,  Finland, is one of the Nordic suppliers.