Waverley
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New Zealand’s Spectrum Group plans to build sawmill on former Waverley Sawmills site
While Waverley Sawmills is closed for business its new owner has been working towards a modern state-of-the-art sawmill on the site. Spectrum Group bought the mill and closed it in March this year. But managing director Wade Glass said its resource consent and surrounding forest maturing in 10 to 12 years made it an ideal site for a modern, automated mill that would process higher volumes of timber. His focus for this year was acquiring more local forests to supply the mill with timber. Also, he said, the second Arbor shareholder vote on forests was forthcoming. And, he had identified a promising new product line. “We’ve identified a new product line which we intend to trial at our Gisborne mill first, with a view to rolling out at Waverley in one to two years,” he said. He had earlier told Radio New Zealand that he was looking to raise $20 million to $30 million to... Continue reading
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August 1, 2019
New Zealand’s Spectrum Group plans to build sawmill on former Waverley Sawmills site
While Waverley Sawmills is closed for business its new owner has been working towards a modern state-of-the-art sawmill on the site. Spectrum Group bought the mill and closed it in March this year. But managing director Wade Glass said its resource consent and surrounding forest maturing in 10 to 12 years made it an ideal site for a modern, automated mill that would process higher volumes of timber. His focus for this year was acquiring more local forests to supply the mill with timber. Also, he said, the second Arbor shareholder vote on forests was forthcoming. And, he had identified a promising new product line. “We’ve identified a new product line which we intend to trial at our Gisborne mill first, with a view to rolling out at Waverley in one to two years,” he said. He had earlier told Radio New Zealand that he was looking to raise $20 million to $30 million to... Continue reading
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New Zealand’s Spectrum Group plans to build sawmill on former Waverley Sawmills site
While Waverley Sawmills is closed for business its new owner has been working towards a modern state-of-the-art sawmill on the site. Spectrum Group bought the mill and closed it in March this year. But managing director Wade Glass said its resource consent and surrounding forest maturing in 10 to 12 years made it an ideal site for a modern, automated mill that would process higher volumes of timber. His focus for this year was acquiring more local forests to supply the mill with timber. Also, he said, the second Arbor shareholder vote on forests was forthcoming. And, he had identified a promising new product line. “We’ve identified a new product line which we intend to trial at our Gisborne mill first, with a view to rolling out at Waverley in one to two years,” he said. He had earlier told Radio New Zealand that he was looking to raise $20 million to $30 million to... Continue reading