$56 million boost for Wesley Valee heading here

20 December 2017

Tasmanian Government: More than 55 new full-time jobs will be created through the development of a $56 million aqua feed mill at Wesley Vale.

The Hodgman Liberal Government is committed to creating jobs in regional areas, and that’s why we’re backing global manufacturer BioMar Group with a $2.3 million dollar assistance grant.

This will assist BioMar in transforming the old panel mill into a state of the art facility, which once operational, will produce up to 110,000 tonnes of feed for domestic and international markets each year.

The Tasmanian Government is committed to supporting Tasmania’s aquaculture, and today’s announcement is yet another example of the industry going from strength to strength.

The project, expected to be completed in early 2020,  will provide work for up to 250 contractors and inject an estimated $65 million back into the Tasmanian economy during the construction phase alone.

Not only has BioMar chosen Tasmania as its latest site for development, but it has also committed to spending at least $1.5 million on research and development in the State over a five year period.

The Office of the Coordinator- General has been instrumental in securing this opportunity for Tasmania and has been working with BioMar over an extensive period of time, to help facilitate this project.

This is a very exciting opportunity for North-West Tasmania, it demonstrates significant confidence in the local economy and will also support our $730 million salmon industry.

 

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Source:  Tasmanian Government - www.premier.tas.gov.au

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