THE Manildra Group has purchased the former Australian Paper Shoalhaven mill site at Bolong Road.
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Managing director John Honan confirmed the sale on Tuesday and said the company would initially use the site for warehousing purposes.
While he wouldn’t reveal the price the company paid for the location, he said the company had no plans to knock down the well-known local building.
“At this stage we will be keeping the building,” he said.
“We would rather use existing infrastructure than build other things.
“We have a number of different commercial projects for commercial expansion of our plant and the production of other products that we may use that facility and site for.
“We have a number of projects for further development of starch products that it could be used for.
“Some of that is on the drawing board and commercially sensitive. But hopefully they can add to employment in the area.”
He couldn’t say where the purchase left a proposal by Victorian company Relivit, that had plans to bring a revolutionary multi-million nappy recycling project at the mill.