Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Half a million in funding for South Coast timber.



Download PDFDownload PDF

Press Release Ref: 1432 Published: 21/1/2005

Title: Half a million in funding for South Coast timber

Five timber companies based on NSW’s far south coast will share $513,934 in joint Commonwealth/State funding to help buy new harvesting, extraction and haulage gear.

Australian Forestry and Conservation Minister Senator Ian Macdonald and Federal Member for Eden-Monaro, Gary Nairn, said the money would be made available under the Commonwealth/NSW Forest Industry Structural Adjustment Package (FISAP).

Mr Nairn said the companies — Jamieson & Brownlie Logging Pty Ltd, Vin Heffernan Pty Ltd, Wilton Logging Pty Ltd, Cyneve Pty Ltd and Barrtanjill Pty Ltd — are based at Eden and Bombala.

“Jamieson & Brownlie Logging will receive $135,700 to buy a new excavator and harvesting head to boost efficiency and daily output, and speed-up unloading times,” he said. “It will also help the company get more out of its existing machinery, and reduce impacts to the forest floor and driver fatigue.

“Vin Heffernan Pty Ltd will receive $85,100 to help buy a new cut-off saw, and a skidder with grapple, to improve its harvesting efficiency. The new equipment will also help reduce costs and environmental impacts, and improve worker safety.

"Wilton Logging will receive $114,029 to help fund its new excavator, which has lifted productivity — with regard to large and small sawlogs; delivered faster and more accurate sawlog servicing, and dramatically improved worker manoeuvrability and safety.

“Cyneve Pty Ltd will receive $109,105 to help fund recently purchased haulage and harvesting equipment. The new gear will help Cyneve increase its haulage volume from 15,400 to 23,100 tonnes a year. It has also boosted cost-effectiveness, improved worker safety and reduced environmental impacts.

“Barrtanjill Pty Ltd will receive $70,000 to buy a new prime mover and two trailers with woodchip bin technology. This will help improve the company’s haulage operations, boost efficiency and worker safety, and open the door to additional value adding.

“It’s also important to note that the five companies are also investing a significant amount of their own money in these projects.”

Senator Macdonald said the Eden-based grants were among nine approved across the State.

“That represents a combined outlay of $928,758, which in turn has encouraged a further $4.5 million in investments from the industry,” Senator Macdonald said.

“To date, the Commonwealth and NSW have approved more than $30 million in joint FISAP grants.

“For its part, industry has more than matched this commitment with a further $100 million investment, helping to support a wide range of initiatives across the State.

“FISAP is about supporting a forward looking, efficient, high-technology and sustainable native timber industry.”

Ends..

Print