News Column

Australia : Regional Growth Fund turns trash into treasure

June 13, 2014



Gibsons Groundspreads will turn waste which was previously destined for landfill into commercial grade compost, providing a cheaper alternative to traditional imported fertilisers for local farmers.

The initiative is part of a $4.8 million investment from Gibsons Groundspreads to develop a compost processing and distribution facility at Dutson to produce a new fertiliser called Revive Compost, creating 12 new highly-skilled full-time jobs.

Deputy Premier and Member for Gippsland South Peter Ryan joined Member for Eastern Victoria Region Danny O Brien at Dutson today to announce the Victorian Coalition Government would invest $150,000 from the $1 billionRegional Growth Fund to support Gibsons investment.

Mr Ryan said Revive Compost would be produced using waste diverted from landfill, from Gippsland Water s Soil & Organic Recycling Facility at Dutson.

Mr Ryan said the $4.8 million project included building upgrades, compost processing and handling equipment, heavy vehicle facilities and the creation of storage bunkers and wash bays.

Gibsons, which has been operating in Gippsland since 1953, currently spreads fertiliser and other products over 200,000 hectares of land, servicing around 4,000 clients, Mr Ryan said.

The company employs 35 people in Gippsland, which will grow to 47 with a further 12 highly-skilled full-time jobs to be created at Dutson as result of this development.

This investment will create a much sought-after compost product using waste that would otherwise have been sent to landfill and ensures Gibsons maintains its place as one of the key fertiliser businesses in Gippsland.

Mr O Brien said Gibsons would produce 100,000 tonnes a year of Revive Compost, generating a further $4.5 million worth of sales.

Revive Compost has a range of advantages including a reduction in landfill by turning waste into a highly sought-after agricultural product which provides a lower cost alternative to imported traditional compound fertilisers for local farmers, Mr O Brien said.

It also has significant environmental benefits, producing less nutrient run-off into local waterways, including the Gippsland Lakes, compared with traditional fertilisers.

Mr Ryan said this investment was another strong example of the $1 billionRegional Growth Fund investing in local businesses to grow jobs, generate new products and new investment.

Earlier today, I joined Tim Bull and Danny O Brien in Heyfield to celebrate the completion of Australian Sustainable Hardwoods $2.7 million expansion, which benefited from a $650,000Regional Growth Fund investment and led to the creation of 27 new full-time jobs, Mr Ryan said.

Gibsons job creating investment is further proof of the success of the Regional Growth Fund which is investing record levels of funding to support new employment and investment opportunities in regional and rural communities.


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Source: TendersInfo (India)


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