GrainCorp to invest AU$125M toward its edible oils manufacturing operations in Australia
QUEENSLAND, Australia , February 12, 2014 (Townsville Bulletin) – GRAINCORP will slash 130 jobs and close its Murarrie plant in Brisbane as it shifts its food manufacturing operations to Victoria. The grains marketer plans to inject $125 million into its edible oils manufacturing operations and relocate its food operations in Murarrie to Numurkah and West Footscray. Edible oils include vegetable oils and livestock feed supplements. The Murarrie operations will progressively close and the company will shed jobs from early 2016. “The priority for us is giving our people in Murarrie as much certainty and ability to plan ahead as possible,” general manager of Graincorp Oils Sam Tainsh said.