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Report
Oberon sawmill has new ownership
Western Advocate
Follow
yesterday
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đź—ž
News
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00:00
Today's a really exciting day. Today the joint venture that has existed at the Oberon Sawmill
00:12
is changing hands and AKD is purchasing it and so the joint venture has been running for about
00:19
25 years. We've been a part owner for seven and we've taken advantage of the opportunity to buy
00:25
out the other shareholder and join it into the AKD business. What's it going to mean for Oberon?
00:29
I think stability you know so you know a joint venture has two owners two owners you know never
00:36
get never as focused on an outcome as one owner and so it means that we'll be investing in this
00:42
plant and investing in the people and and you know have a long-term view. AKD has been sawmilling for
00:47
70 years so we're not we're not confused about who we are and what we are and we've bought this
00:52
because we think it's a fantastic facility and we're looking forward to the opportunities that we can
00:56
build on.
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