GrainCorp invest in Numurkah plant expansion06/11/2015
The Victorian Government has welcomed a $48.8 million investment by GrainCorp to expand and modernise its oilseed crushing and oil extraction plant in Numurkah, boosting production by close to 40 per cent.
The Minister for Regional Development said the Government had worked with GrainCorp to attract the project to Numurkah and assist in its delivery, including assistance for workforce training and up-skilling for 30 employees.
The project, which will include the development of a state-of-the-art, zero effluent emission, canola oil extraction plant, will bring the total number of full time workers at GrainCorp Numurkah to 51. Thirty construction jobs will also be created over three years.
The oil extraction equipment will increase canola processing productivity at the Numurkah plant and give it a growth platform for future rises in capacity depending on the market for refined canola oil.
With up to 3 million tonnes of raw canola seed currently exported from Australia annually, the project will increase the value adding of Victoria’s canola crop.
Enough canola meal will be produced to replace 55,000 of soy bean meal imported annually – worth around $30 million – making stockfeed manufacturing more competitive.
By supporting the up-skilling of existing employees, the Government is working with GrainCorp to ensure the effective and safe operation of the new canola processing technology.
The new investment builds on an earlier $35 million expansion that is currently underway at the Nurmurkah plant, which created nine new jobs.