Maroc - TIMBERBIZ.COM.AU - A La Une - Aujourd'hui 00:23

Millari Group acquires Juken Gisborne and reopens facility

The Millari Group Australia is set to start producing LVL, plywood, and timber for the Australian Timber Industry after recently agreeing to acquire the 25-ha Juken Gisborne facilities in New Zealand, to be rebranded as Millari NZ. Settlement is currently expected to occur later this month. Source: Timberbiz The Gisborne manufacturing facility is located on the North Island of New Zealand and specialises in producing LVL, plywood and structural Radiata pine products. With a perfect mix of engineered products and solid pine framing, the mill will be an asset best suited to ease the burden on businesses in Australia, which have been forced to rely on imported products due to the lack of local manufacturing. True Blue Timber, which has been supplying high-quality and reliable imported products to Australia’s leading wholesalers, will now be driving local LVL and timber production for the Australian industry with the Millari NZ facilities. With a significant investment over the next three years to increase the current capacities, Millari NZ plans to establish direct LVL, plywood and sawmill production for the Australian industry, including LVL E14, E13, E10, and LVL Formwork; structural and non-structural plywood panels and MGP and F-graded Radiaita pine, and H2, H3 and H4-treated pine. Millari NZ will ship LVL, plywood and sawmill products with AS/NZS standards directly to Australia’s Eastern Coast, significantly decreasing Australia’s timber industry’s dependence on imports from Europe and Asia. “Our Millari NZ facility in Gisborne will be on track to increase the output capacity of LVL, plywood and timber production over the next few years as we invest in new machinery and technology for the 35,000m2 factory,” owner and CEO Ryan Yari said. “With these exciting facilities alongside our True Blue Timber operations, we will continue to offer the Australian industry a reputable and reliable ongoing source of high-quality EWP (engineered wood products) and timber products and deliver them directly with quick turnarounds.” The Millari NZ Gisborne facility was closed in March 2024 and will re-open in the coming months, providing jobs and opportunities to the Gisborne community of 38,000 people. “JNL Gisborne has been the cornerstone of the community for many years, and it will be Millari Group’s pleasure to restore it to its former glory,” Mr Yari said. “The Millari Group team is excited about the new challenge ahead and looks forward to being a part of the Gisborne community for many years to come.” Millari Group Australia includes True Blue Timber, True Blue LVL, and True Blue Plywood, and Millari NZ supplies FSC 100% timber products to Australia’s leading timber and hardware retailers. For more information visit https://truebluetimber.com.au/