Buckland Park-based horticulture company P’Petual Holdings is expanding its high-technology glasshouse complex in a project expected to create 250 new ongoing jobs in Northern Adelaide.
Analysis by the South Australian Centre for Economic Studies indicates that over the next ten years, this expansion will add an estimated $138.2 million to gross state product in 2016/17 values.
To be rolled out over three stages, the $60 million expansion will increase the scale of the greenhouses from eight to 28 hectares, creating the second largest high technology glasshouse horticulture project in South Australia.
The first stage, which commenced in late November 2017, was an eight hectare expansion funded with the help of a $2 million Future Jobs Fund grant that will generate 100 new ongoing jobs and increase total yield to approximately 7800 tonnes of produce annually. P’Petual Holdings has also attracted investment capital to fund the expansion from overseas investors.
Over the past 12 months the facility has produced just over 2850 tonnes of produce and employed an average of 109 full-time equivalent employees.
Investment Attraction South Australia has been working with P’Petual to secure these investments and new jobs.
The collaboration between P’Petual Holdings, Stretton Centre, City of Playford, SA Water, Department of Environment, Water and Natural Resources, Department of Planning, Transport and Infrastructure, Environmental Protection Authority South Australia, the Office of the Agent-General and IASA has helped to achieve this result.
P’Petual Holdings, trading under the brand Ausfresh currently operates eight hectares of high-tech greenhouses used for growing a combination of niche tomatoes, eggplants and mini-cucumbers. Produce grown at the facility is sorted and packaged onsite and sold to major supermarket chains, independent supermarkets and grocers all around Australia.