The Eden-Monaro forestry industry will receive $14,361,330 from the government's $40 million Forestry Recovery Development Fund, to help the forestry industry to recover from the bushfires last summer.
South East Fibre Exports receives $2,249,679 to replace fire damaged, aged and obsolete high voltage infrastructure to ensure that electrical supply to all parts of the site is reliable.
AKD NSW receives $5,500,000 to adopt the latest technology and equipment to ensure logs are cut more efficiently and effectively. The project will deliver an 8 per cent increase in timber recovery, generating more timber from the scarce resource.
Hyne & Son receives $3,508,474 to deliver better resource management practices through innovation, upgraded efficiencies and new technology to assist in offsetting increase in manufacturing costs.
VISY Industries receives $3,103,177 to provide upgrades to various parts of Visy's Tumut Mill to maintain commercial mill operations.
