ForestOne scales back Benalla operations amid weak Victorian market conditions

Manufacturing News

Wood supplier ForestOne will close its dry sawmill and particleboard manufacturing operations at its Benalla facility, according to an ABC report on Saturday. The company announced on Friday it would maintain its green sawmill manufacturing and lamination line but scale back other operations due to increased manufacturing costs and weak market demand. Managing director Ian…

Concrete sector grows despite housing downturn, $3.4bn industry report reveals

Manufacturing News

Australia’s concrete product manufacturing industry has shown resilience in the face of challenging residential construction conditions, growing at a modest but steady pace, according to a comprehensive market report released on Tuesday. The IBISWorld report reveals the industry has reached an estimated value of $3.4 billion in 2025, growing at a compound annual growth rate…