New Timber Mill deal for Mount Gambier

OneFortyOne Plantations set to purchase

New Timber Mill deal for Mount Gambier OneFortyOne Plantations

OneFortyOne Plantations has announced the purchase of the Jubilee Highway timber mill at Mount Gambier from Carter Holt Harvey.

The move is set to save 300 jobs from around the region.

The deal is said to be more than 150 million dollars and includes Carter Holt Harvey's woodchip operations at Portland Victoria.

The deal will be submitted to the Australian Competition and Consumer Commission for approval.

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