GAC expands land base
In a show of confidence in the future of Australian agriculture, Genetics Australia Cooperative (GAC) has increased its land holding in the Camperdown region, more than doubling the existing site.
The new land adjoining to the west of the current TLG property will allow for future expansion of the GA and TLG businesses.
GAC leases the land to Genetics Australia Holdings, the joint venture company established in partnership with URUS.
The existing TLG site near Camperdown is 18.2ha while the new land covers 33.6ha.
It will add a second Princes Highway access point to the business along with potential access via Cross Forest Road.
GAC purchased the land last December after an expression of interest process.
Chairman John Pekin said the purchase would allow the businesses to expand.
“The original TLG site is fairly tight with not a lot of room for expansion,” John said. “The whole configuration around the buildings is tight so this extra land will give us opportunities going forward.”
“It gives us more biosecurity protection, room to expand and the opportunity to have a second entrance to the site,” he added.
The land is being used for lay-off cattle at the moment and there are plans for subdivision in coming years and potential expansion of the shed system.
GAC also owns 485ha at Glenormiston. “From a biosecurity point of view, it’s an advantage to have a bigger separate area,” John said.
“There have been benefits from the joint venture to allow things like this to come to fruition and it was too good an opportunity to pass up,” he added.