Walnuts Australia
Walnuts Australia Pty Ltd (WAPL) owns the physical assets (land, walnut trees, orchard maintenance and harvesting equipment, irrigation equipment etc) associated with the Walnut Division and is a wholly owned subsidiary of Webster Limited. Walnuts Australia is the operating division which manages these assets.
WAPL owns 540 hectares of walnut orchards in Tasmania and 1,365 hectares in the Riverina, NSW, which in total is over 600,000 trees. In addition, Walnuts Australia manages or has access to a further 80 hectares of Joint Venture orchards in Tasmania and 250 ha in the Riverina, a further 100,000 trees.
WAPL have 3 main orchards, namely Swansea in Tasmania and Tabbita and Leeton in the Riverina district in NSW. WAPL also owns all the walnut processing equipment including hulling, drying and grading machinery.
Tasmanian walnuts are hulled and dried in Tasmania and then shipped to the Tabbita orchard where all walnuts are graded for size and quality and bagged for sale. Both domestic and export sales are dispatched from this facility.
When mature these orchards will produce over 11,000 tonnes of in-shell walnuts, and it is anticipated that most of this tonnage will be sold as in-shell walnuts as apposed to kernel.
Anyone requiring information about the Managed Investment Scheme orchards should click on the "AGW Funds Management Limited" tab on the Walnuts Australia page.