Assisted by a US$7.5m federal government grant from the Tasmanian Jobs and Growth Package, the mill is currently providing 37 new jobs with a target of 120 new positions when the Smithton operation is in full production.
The new mill, which was announced as a project in May last year and commissioned for operation two months ago, produces a premium-grade plywood product that will be sold in the Australian market under the brand ‘T-Ply’.
The plywood operation now complements veneer systems in Huon and Smithton, with a company statement saying the new operation will inject US$40m a year into the local economy when at full production.