SUPPORT FOR NORTH COAST BREWERY EXPANSION
Deputy Premier and Minister for the North Coast Andrew Stoner and Member for Lismore Thomas George have announced NSW Government support for a North Coast brewing company to expand its operations.
Mr Stoner, Mr George and NSW Nationals MPs made the announcement while visiting the Stone & Wood Brewing Company’s newly opened Murwillumbah brewery today – as part of a week-long regional Parliamentary bus tour of North Coast communities.
Mr Stoner said Stone & Wood Brewing had spent twelve months establishing its second brewery, which would create up to 17 new jobs.
“Assistance from the NSW Regional Industries Investment Fund (RIIF) will help meet some of the local infrastructure costs associated with the project so Stone & Wood Brewing can more than double its manufacturing capacity,” Mr Stoner said.
“In just five-and-a-half years, Stone & Wood Brewing has grown from a micro-brewery producing 200,000 litres of beer a year, to a regional craft brewer producing two million litres of beer and winning numerous regional, state and national awards along the way.
“Just last month Stone & Wood added the Regional Award at the 2014 Telstra NSW Business Awards to its growing list of accolades.
“The company is well positioned to take advantage of a growing local population and increasing its manufacturing capacity will allow it to compete with Australia’s dominant brewers.”
Mr George said Stone & Wood Brewing was unique to the region, as there were no other craft brewers located on the North Coast manufacturing locally and on the same scale.
“It’s the only craft brewery of its size located outside of metropolitan Sydney,” Mr George said.
“It is one of four nationally recognised brewing companies of its size in Australia and one of only two in NSW.
“The NSW Government is committed to supporting projects that create growth in local regional industries, while also generating economic benefits like employment and business development.”
Since April 2011, the RIIF has supported the creation 8,070 full time jobs and helped generate investment of almost $1 billion ($997.2 million) in regional NSW.