Trans-Tasman forestry and sawmilling company OneFortyOne has released its annual review for 2024, with references to a year of progress and resilience.
Chief executive Wendy Norris said this year’s review highlights progress, resilience and continuous investment, underscoring the company’s commitment to sustainable practices and operational excellence.
“Since 2019, OneFortyOne’s annual review has been an opportunity to reflect on the year that was and the path forward,” she said.
“Our journey towards a better tomorrow is not just a strategic priority but a core part of our identity and ambition.”
Now in its 12th year of operation OneFortyOne has continued to build on its strong foundation, delivering sustainable growth and value to stakeholders.
Ms Norris expressed her pride in the company’s achievements during the year.
“Our team members and partners have been the driving force behind our performance this year,” she said.
“Their efforts have supported each other, our customers, and our communities, demonstrating the resilience and commitment that define OneFortyOne.”
Ms Norris said OneFortyOne’s commitment to safety remained paramount.
“Significant capital investments have been made at the Jubilee and Kaituna Sawmills to enhance safety measures,” she said
“The company has also focused on strengthening a culture of safety leadership and care, ensuring that every individual feels safe to raise concerns and address wellbeing matters promptly.
“Our primary objective is to ensure that every person comes to work and goes home safe and well every day.
“We have made substantial investments in safety and are continuously working to build positive cultural conditions that support this goal.”
Ms Norris said the company’s dedication to community was exemplified through its Pine Community Grants Program and long-term partnerships supporting diverse projects in science, education, and nature.
“Surveys conducted with recent grant recipients have provided valuable insights into the impact of these grants, helping organisations achieve both short-term and long-term project goals,” she said.
Ms Norris said, despite challenging market conditions, OneFortyOne remains committed to its investment program, focusing on long-term growth and sustainability.
“We are here for the long term,” she said.
“I extend my gratitude to our people, our Board, contractors, partners, and customers for their exceptional dedication and support. Together, we are making a significant impact and paving the way for a better tomorrow.”
Fast Facts
•OneFortyOne manages over 160,000ha of land including pine plantation and conservation areas
•500 direct employees in regional Australia and New Zealand
•AUD$26.7m capital investment spend
•4 million seedlings planted
•AUD$400,000 in grants and materials for community projects and partnerships
