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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

Yarra Valley-based non-alcoholic distillery, Banks Botanicals, has been acquired by Alchemy Distillers – aiming to support the brand in its next stage of expansion and innovation.

Pure Foods Tasmania (PFT) has acquired premium ice cream brand, Elato, as it looks to restructure its frozen desserts portfolio and establish a new multi-brand ice cream division.

Australia’s food system is under pressure. Climate disruption, rising costs and growing demand for transparency are creating complex challenges for farmers, food businesses and communities. A new report from Food Connect Foundation argues that the solution lies in rebuilding the “missing middle” of food infrastructure, and offers a strategy for how communities, industry and investors can do exactly that.