Close×

Visy will open a new corrugated cardboard plant in Truganina, Victoria, as part of its push to create new manufacturing jobs.

The plant will produce new cardboard paper from recycled material, and will support the local food and beverage market’s producers, manufacturers and workers, according to Visy.

Ben Carroll, Victoria’s Minister for Industry and Employment (pictured above centre), toured the facility with Visy co-owner Fiona Geminder last week.

“We’re backing Visy’s massive expansion because it’ll boost our economy, create 85 new jobs and give work to former auto-workers,” said Carroll.

The new $99 million plant is part of Visy’s $2 billion pledge to create 5000 new manufacturing jobs in Australia over the next decade.

Anthony Pratt, chairman, announced the program last year. "We are one of the most environmentally committed companies and so much of the $2 billion will be spent on technologies that not only create those high-paying manufacturing jobs, but also enhance sustainability and energy security,” he said at Visy’s Tumut plant.

"At the end of the 10-year investment program, Visy's total investment in Australia will be $8 billion in today's terms, and we will have created a total of almost 30,000 direct and indirect jobs."

Food & Drink Business

Blue Sky Drinks Co. has appointed Paul Slaughter as CEO, commencing immediately. The move follows the company’s official launch last October, as it plans to become Australia’s largest independent spirits and RTD business.

The Australian Institute of Food Science and Technology’s flagship annual convention, AIFST26, will run concurrently with foodpro 2026 on 27-28 July at the Melbourne Convention & Exhibition Centre.

Cobram Estate Olives (CBO) has formally claimed a purchase price adjustment of up to US$31.9 million on its California Olive Ranch (COR) acquisition and expects to pay no earn-out on the deal, as the Australian producer works through the completion of its largest ever transaction.