Visy sets out Queensland investments

Under its tranche of recent investments for Queensland in Australia, Visy has confirmed it will invest A$500m (€328m) to build a new glass food and beverage container manufacturing facility in Yatala; A$150m (€98m) to build a corrugated box factory at Hemmant; and A$48m (€32m) in major upgrades to its Material Recovery Facility (MRF) on Gibson Island. The investments are part of Visy Executive Chairman Anthony Pratt’s pledge to invest A$2 bn (€1.3 bn) in Australia over the decade.

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