en.Wedoany.com Reported - George Weston Foods Ltd. (GWF), a leading Australian food manufacturer, will invest $92 million AUD (approximately $65.6 million USD) to increase capacity at its Mauri flour mill in Ballarat, Victoria. The expansion plan includes building new warehouses and production facilities, as well as upgrading other parts of the company's network, such as the Tip Top bakery business.
The Victorian government announced on April 21 that this investment is supported by the government's $150 million AUD Victorian Investment Fund, which focuses on projects driving economic growth, with particular emphasis on regional and rural areas. The expansion is expected to create 47 new jobs.
"In the past decade alone, we have invested nearly $500 million AUD in our operations," said Paul Foster, CEO of George Weston Foods. "GWF is committed to working with the Victorian government to become a long-term employer in the state."
GWF, a wholly owned subsidiary of Associated British Foods PLC headquartered in London, UK, provides baking ingredient solutions and animal nutrition for the Australian and New Zealand markets under the Mauri brand, encompassing baker's flour, yeast, grains, premixes, improvers, and animal feed. "Mauri looks forward to being part of the Ballarat community, bringing new jobs and investment to Western Victoria through an advanced milling process that is a first in the Southern Hemisphere," said Cameron Miners, Managing Director of Mauri ANZ.
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