Maryborough’s supplier to the Australian building industry, Hyne Timber, is commencing construction and advanced manufacturing glue laminated timber plant with support from the Queensland State Government.
Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said assistance from the government’s $150 million Jobs and Regional Growth Fund will accelerate the development of the new facility that will create up to 42 new jobs once operational.
“Hyne Timber is now set to become one of the largest glue laminated timber manufacturers in the Southern Hemisphere, allowing the company to expand their product offering to target larger scale, national construction projects,” he said.
Member for Maryborough Bruce Saunders said, “The company is a major employer in the Wide Bay Burnett region with more than 300 local staff, making it a valuable economic asset for the Maryborough community and surrounding area.
“Hyne’s investment of almost $20 million into growing its operations, bolstered by our government’s support, will allow them to innovate and expand their product offering to capture emerging markets.
According to the report, Hyne Timber’s new manufacturing plant will be located next to its existing facility and will focus on the large-scale production of glue laminated timber that has applications to replace steel in major commercial and infrastructure projects.
Hyne Timber’s CEO Jon Kleinschmidt said the company plans to employ specialist engineering and design advisors to complement the plant’s service offering that will enable them to work with their existing and new customers to help them realise the benefits of mass engineered timber in commercial projects.