# Visy to invest A$48M in upgrades to Gibson Island material recovery facility

Visy will invest A$48 million in major upgrades to its material recovery facility on Gibson Island, Queensland, which will divert up to an additional 30,000 kt of material from landfill.

- Type: Expansion
- Announced: 2022-04-28
- Where: Gibson Island, Queensland, Australia
- Value: $36.0M (48.0M AUD)
- Jobs: 11
- Status: announced
- Capacity: up to an additional 30,000kt of material diverted from landfill
- Products: material recovery services

## Companies

- [Visy](https://endata.com/companies/1950.md)
- [Queensland Government](https://endata.com/companies/9184.md) (investor)

## Sources

- [visy.com](https://www.visy.com/newsroom/2022/4/28/queensland-investments), 2022-04-28: "invest $48 million in major upgrades to the company's material recovery facility (MRF) on Gibson Island."
- [statements.qld.gov.au](https://statements.qld.gov.au/statements/95055), 2022-04-29: "The upgrades to the Gibson Island facility will create 11 jobs, which is a fantastic result for locals."
- [packagingnews.com.au](https://www.packagingnews.com.au/latest/visy-to-invest-700m-in-qld-recycling), 2022-05-05: "invest $48 million in major upgrades to the company's Material Recovery Facility (MRF) on Gibson Island"
- [foodanddrinkbusiness.com.au](https://www.foodanddrinkbusiness.com.au/news/visy-to-invest-700m-in-qld-recycling), 2022-05-09: "invest $48 million in major upgrades to the company's Material Recovery Facility (MRF) on Gibson Island"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.