Powerhouse companies to drive projects worth $300M
TWO powerhouse Toowoomba companies are planning a suite of major developments in Charlton and Wellcamp this year, with the price-tag to hit well over $300 million.
FKG alone is planning to spend $250m in and around its two major precincts; Witmack Industry Park and Toowoomba Technology Park.
Development manager Dallas Hunter outlined the ambitious projects anticipated to start this year including a massive food processing plant on Witmack Rd.
He said building could start in February, once detailed designs had been finalised and investment signed off on.
The project is worth between $10 and $12m and will see new jobs created.
Another industrial building which will service general industry is also planned for the second half of next year, worth about $6m.
Work on the Pulse Data Centre, which will anchor a $50m, 29ha technology park development is expected to start in February.
In the second half of this year construction could start on the first of the technology park buildings, worth about $5 million.
In the Charlton Logistics Park, construction of two food and transport facilities is expected, each worth $5m.
Adjacent to that IOR is planning an unmanned truck fuelling station, which has approval from Toowoomba Regional Council.
FKG is constructing that project for the company, with a total investment of about $4 million.
The company is also hoping to win approval for a planned $80 million meat processing plant.
Wagners is also expecting projects in the Charlton Logistics Park to ramp up.
Chairman Denis Wagner said two huge developments were planned; the new $9m RSPCA building and a $35m milk factory.
He said other projects were also on the horizon, but could not provide specifics due to confidentiality agreements.
Mr Wagner said bulk earthworks and roads were needed in the park.
He said much of the underground services were already in place.
The company also intends to construct a research and development facility for its Earth Friendly Concrete product.
Mr Wagner said there were a number of opportunities around the world for earth friendly concrete, predominantly in the Middle East and India.
"We are under some pressure to build that research facility in one of those markets, which are much bigger than Australia," he said.
"If we can get a favourable outcome from council and the application is seamless our preference is to build it at Wellcamp rather than offshore."
At Brisbane West Wellcamp Airport the company is planning a second freight facility.
He said it was needed to service the Cathay Pacific service and growing demand on freight.
Mr Wagner said more hangars could be needed for operators as he expected an increase in the number of freight flights.
The company also expects demand for passenger flights to increase and said additional services could be put on to Melbourne, Townsville and Sydney.