Either Albury or Wodonga will get a new cross-laminated timber factory, creating 54 jobs, according to XLam.
The Border Mail reports that the company, which makes structural timber, plans to have a site up and running by June next year. The raw timber would be plantation-sourced.
The exact location would be determined later, but the area at the NSW/Victoria border was ideal for XLam for reasons including logistics and local labour availability, said the company.
“The reason for that is location to the Hume Highway and also the ability to source skilled labour for the 54 direct and indirect jobs we’ll require to bring this development to fruition,” business development manager Rob De Bincrat told the ABC.
Thirty of these jobs would be direct, the company said.
The Australian Financial Review reports that XLam has been manufacturing in New Zealand for five years, and cross-laminated timber was only just beginning to catch on in Australia.
A prime example of its use was a Lend Lease ten-storey tower in Docklands, Melbourne.
Lend Lease is also opening a CLT factory through its Design Make business. The 15,000 square metre site will be in western Sydney and operational this year, according to a report in December last year.