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Bundaberg Technology Park one of Queensland's largest industrial sales

Announcement posted by Market Expertise 08 Jun 2017

Sale secures skilled jobs in Bundaberg

The Partners of Bundaberg Technology Park (BTP) and the Board of Superior Pak Pty Ltd (SPak) are pleased to announce the sale of the Bundaberg Technology Park infrastructure and some adjoining land to Superior Pak. 

The BTP Partners, a group of local business leaders, are delighted that they have achieved their primary objectives of keeping Bundaberg manufacturing jobs in Bundaberg and bringing a significant new manufacturing business to the city. The BTP Partners purchased the property, as empty sheds, from Case New Holland in 2004. SPak now employs approximately 150 local skilled employees.

Along the way, the BTP Partners and management have developed a new company, Canetec Pty Ltd which has developed an exciting new range of sugar cane harvesters and planters which are now exported to many cane-producing countries. After two seasons of testing and demonstrating a new model harvester Canetec will hit the Australian industry this year with its initial sale to the local Bundaberg Greensill Group. Canetec will now lease part of the BTP facility from SPak.

SPak Director, Rob Wrigley commented that SPak has made a significant investment in purchasing the property. "Since moving from Brisbane to commence our manufacturing operations at the Park in 2004, we have continued to invest in the business and the community as we have been delighted by the local support and exceptional employee commitment to the business. The productivity of our Bundaberg team exceeds our expectations" Rob commented. "We have plans to grow the business in Bundaberg as we continue to roll out our sales and marketing program throughout Australia" Rob added.

The sale has now been finalised and SPak took possession of the Park on 19 May 2017. Some adjoining industrial land could now be marketed to encourage other new employment generating industries to establish in Bundaberg.

The private sale is one of the largest industrial complex sales in Regional Queensland, being approximately 20,000m2 of enclosed buildings and 13ha of industrial land.