Australian firm Millari Group buys closed Gisborne sawmill, floats upgrade plans

Millari Group Australia is acquiring this shuttered Gisborne sawmill. (Image: Supplied)

Tue, 11 Feb 2025

After a torrid year for the wood processing sector, an Australian company is purchasing and upgrading a shuttered Gisborne sawmill.Japanese-owned Juken New Zealand stopped production at the mill in late 2023 after telling the roughly 80-strong workforce that demand was down and the mill required significant investment to continue operating effectively and safely.The NZ arm of Millari Group Australia is due to settle on the mill's purchase by the end of the month.The group has sites in Sydney and Melbourne and operates in Australia as a timb...

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