One Forty One Plantations
OneFortyOne is a privately held trans-Tasman forestry and sawmilling company managing over 160,000 hectares of radiata pine plantations in Australia and New Zealand, operating two integrated sawmills that supply structural timber, treated products, and appearance-grade radiata pine to domestic and export construction markets.
- Company typePrivate
- Founded2012
- HeadquartersMelbourne, Australia
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What One Forty One Plantations does
One Forty One Plantations (operating as OneFortyOne) is a privately held trans-Tasman forestry and sawmilling company formed in 2012 following the acquisition of a 105-year government lease on 80,000 hectares of radiata pine plantation in Australia's Green Triangle region. The company is vertically integrated from nursery operations (Glencoe nursery, over 5 million seedlings planted annually in Australia) through plantation management, harvesting, and two wholly-owned sawmills: Jubilee Sawmill in Mount Gambier (with ~$40 million of invested upgrades including a $30 million biomass co-generation turbine) and Kaituna Sawmill in Marlborough, New Zealand. Following the 2018 acquisition of Nelson Forests Limited, OneFortyOne manages over 80,000 additional hectares in New Zealand's Nelson Tasman and Marlborough regions, producing ~1 million cubic metres harvested annually with ~55,000 cubic metres of finished timber sold from Kaituna.
The company sells structural timber framing, treated timber products (MicroPro, Creosote, LOSP Optimum), decking, posts, and appearance-grade radiata pine products. Australian forest products are over 80% domestically sold to processors and manufacturers, while Kaituna Sawmill exports to Australia, Europe, and Asia. OneFortyOne holds FSC-C074692 certification (New Zealand operations continuously since 2010) and AS/NZS 4708:2021 certification under the PEFC-endorsed Responsible Wood scheme across the Green Triangle estate (valid to July 2027), plus ISO 14001 environmental management certification. The plantation estate sequesters 2.7 million tonnes of CO2 annually, and the company targets a 75% scope 1 and 2 emissions reduction by 2030.
Revenue is generated via direct B2B timber sales through dedicated sales teams in Australia and New Zealand, with quote-based pricing. Secondary revenue streams include New Zealand public hunting permits ($175 each, smart lock-enabled, across 60 blocks covering 45,684 hectares) and the PINE Community Grants programme. The company employs approximately 516 direct staff across Australia and New Zealand and is a member of the Green Triangle Forest Industries Hub (representing ~90% of regional industry). With no publicly disclosed revenue or institutional investor base, the company's ownership remains private and undisclosed; leadership transition to incoming CEO Andrew Leighton was announced in April 2026.
One Forty One Plantations firmographics
Firmographics- Name
- One Forty One Plantations
- Legal name
- OneFortyOne Plantations Holdings Pty Ltd
- Website
- https://onefortyone.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- OneFortyOne is a privately held trans-Tasman forestry and sawmilling company managing over 160,000 hectares of radiata pine plantations in Australia and New Zealand, operating two integrated sawmills that supply structural timber, treated products, and appearance-grade radiata pine to domestic and export construction markets.
- Ownership category
- akta.pro rank
One Forty One Plantations industry classification
Industry- Product category
- Sustainable Timber Products
- NAICS
- Timber Tract Operations (11311), Logging (1133), Forest Nurseries and Gathering of Forest Products (113210)
- SIC
- Sawmills & Planting Mills, General (2421), Forestry (800)
- akta.pro primary industry
- Sawmilling & Lumber Production (IMADADAA)
Keywords
Where One Forty One Plantations is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices6 records
Markets served
One Forty One Plantations business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- Timber Products Sales: Sale of sustainably managed timber products sourced from plantation forests in Australia and New Zealand. Products include structural timber, treated timber for outdoor use, posts, decking, and industrial grade timber.
- Kaituna Sawmill Exports: New Zealand sawmill exports radiata pine products to Australia, Europe, Asia and local New Zealand market. Over 55,000 cubic metres of timber sold annually from Kaituna Sawmill.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Community Grants up to $5,000 |
| One time/ perpetual license | Multi-year contract | Public Hunting Permit - New Zealand |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
One Forty One Plantations product offering
Product offeringCore offering
OneFortyOne is a vertically integrated forestry and sawmilling company that manages over 160,000 hectares of radiata pine plantation forests across Australia (Green Triangle) and New Zealand (Nelson Tasman and Marlborough). It operates two sawmills — Jubilee Sawmill in Mount Gambier and Kaituna Sawmill in Marlborough — converting harvested logs into structural timber, treated timber, decking, posts, appearance-grade products, and industrial grade timber for sale to domestic processors, builders, and export markets.
Product overview
OneFortyOne is a forestry and sawmilling company operating across Australia and New Zealand with a vertically integrated model. The company manages over 160,000 hectares of radiata pine plantation forests and operates two sawmills (Jubilee Sawmill in Mount Gambier, Australia and Kaituna Sawmill in Marlborough, New Zealand). Their product portfolio centers on sustainable timber products including structural timber framing, treated timber for agricultural and outdoor use, and appearance-grade products for furniture and finishing. The company's integrated operations span forest nursery and planting, plantation management, harvesting, sawmilling, and timber product sales, with over 80% of Australian forest products sold domestically.
Differentiator
Problem solved
Functional benefit
Products and services
- Australia Timber Products (Jubilee Sawmill) Sustainably produced timber products sourced from OneFortyOne's Green Triangle plantation estate and processed at the Jubilee Sawmill in Mount Gambier. Includes structural timber framing, treated timber products (MicroPro, Creosote, LOSP Optimum), and kiln-dried radiata pine for domestic processors, builders, and manufacturers.
- New Zealand Timber Products (Kaituna Sawmill) High-grade appearance products suitable for furniture and finishing timbers, high-grade treated products for outdoor use or structural applications, and industrial grade products from the Kaituna Sawmill in Marlborough. Premium product is 100x100 square posts. Sold to Australia, Europe, Asia and the local New Zealand market.
- Sustainable Timber Products
Quantifiable outcome
- Sequesters more than 2.7 million tonnes of carbon dioxide from atmosphere annually
- +3 more outcomes
Companies that use One Forty One Plantations
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
One Forty One Plantations technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
One Forty One Plantations partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core, major and minor.
- Green Triangle Forest Industries Hub (GTFIH)coreIndustry body representing around 90% of Green Triangle industry including large and small businesses, growers and processors, soft and hardwood, Victorian and South Australian. GTFIH members prioritise domestic processing.
- Nature Glenelg TrustcorePartnership began in 2013 funding purchase of Mt Burr Swamp Habitat Restoration Reserve. Working together restoring habitat and biodiversity within 2,700 hectares of protected wetlands, caves and remnant vegetation.
- Kea Conservation TrustcoreInvested $100,000 over five years in research helping understand how forestry operations can work alongside kea habitat. Funded development of industry guidelines for kea protection now used throughout the industry.
- Ministry for Primary Industries (MPI)core$2.7 million sediment study partnership with Donald Creek Catchment Study 2020-2027. Jointly funded by MPI and OneFortyOne to study performance of sediment control practices in forest harvesting.
- Cawthron InstitutemajorResearch partner in Donald Creek Catchment Study collaborating on sediment control practices research in New Zealand forest estate.
- Fire Emergency New ZealandcoreKey stakeholder in rural fire management in Nelson/Tasman and Marlborough/Kaikoura regions. OneFortyOne provides resources, equipment, water points and trained staff to support fire emergency response.
- South Australian Country Fire Service (CFS)coreForest Industry brigade working closely with CFS for fire management in Green Triangle plantations. Cooperate on training, equipment and patrol operations.
- Victorian Country Fire Authority (CFA)coreCollaborate with CFA for fire management in Victorian portions of Green Triangle forest estate. Joint training, fire simulations and support during fire events.
- Mount Gambier Pioneers BasketballmajorNBL1 basketball club sponsorship. Supported establishment of women's team and participates in joint charity events including Backpacks 4 SA Kids and mental health initiatives.
- Stand Like Stone FoundationmajorSix-year partnership supporting Limestone Coast community through annual grants and scholarships. Funded multiple projects from tool upgrades at Men's Sheds to regulation and mindfulness training for educators.
- LifeChanger FoundationmajorPartnership to support wellbeing of teenagers in Mount Gambier through mentoring programs and self-development workshops.
- ac.caremajorFormalised partnership with Limestone Coast's largest homelessness and foster care agency. Employee volunteering, hands-on support at community centre, bike repairs, event support.
- Manaaki Whenua Landcare ResearchmajorResearch partner in Donald Creek Catchment Study collaborating on long-term monitoring of sediment control practices.
- Local Iwi (Ngāti Toa Rangatira, Te Ātiawa o te Waka-a-Māui, Ngāti Tama ki Te Tau Ihu)coreLandowners of managed forest land in New Zealand. OneFortyOne works to build meaningful relationships with iwi as tangata whenua (people of the land/region) and act as responsible kaitiaki (stewards/guardians).
- Nelson Tasman Cycle Trails TrustminorSupported construction of Great Taste Trail section through forests with in-kind donation of earthworks along historic railway reserve.
- University of CanterburyminorSummer Internship Program for students seeking practical experience. Roles are project-based and align with business needs.
Scale indicators14 records
Recent moves7 records
One Forty One Plantations competitors and assessment
Company assessmentBroad incumbents
- PotlatchDeltic: US-listed timber REIT combining timberland ownership with wood products manufacturing, providing a broad-incumbent benchmark for vertically integrated, FSC-certified forestry companies with sawmill operations.
- Rayonier: US-listed timber REIT with large timberland holdings and a wood products segment, offering a global benchmark for asset-heavy, certified-forestry operators managing long-rotation softwood estates.
- Interfor: Canadian-listed lumber producer with sawmill operations across North America and an explicit sustainable-forestry strategy. Comparable as a broad incumbent in softwood lumber production and timberland stewardship with global operational reach.
- Stora Enso: Finnish-listed global forest products company with extensive European timberland base, sawmills, and downstream paper/packaging operations. Comparable as a broad incumbent in sustainable forestry and wood products at much larger scale.
- Weyerhaeuser: One of the world's largest publicly listed private owners of timberlands operating a vertically integrated timber, real estate, and wood products business. Comparable as the broad incumbent benchmark for global timberland owners with sawmilling and certified-sustainable operations.
- UPM-Kymmene: Finnish-listed global forest products group with significant plantation assets and biofuel/biomass energy operations, comparable as a broad incumbent with integrated timberland, sawmilling, and renewable energy exposure.
Others
- Hancock Forest Management (Manulife Investment Management): Global timberland investment manager (part of Manulife Investment Management) overseeing large timberland portfolios with direct forestry operations. Comparable as an ecosystem participant managing third-party forestry assets and providing operational scale benchmarks.
- PF Olsen: New Zealand-headquartered forestry management and harvest services provider across Australasia; directly comparable as an ecosystem participant enabling plantation operations and serving similar ANZ customers through contracted silviculture, harvest, and marketing services.
Direct peers
- Ernslaw One: New Zealand-based integrated forestry and forest products company with extensive radiata pine estate and downstream processing operations, making it the closest trans-Tasman comparable in scale, species mix, and end-market exposure to One Forty One's Nelson Forests/Kaituna Sawmill operations.
- New Forests: Australia- and Asia-Pacific-focused sustainable forestry investment manager with timberland assets and ESG-aligned mandates, headquartered in Australia. Directly comparable in operating geography, certification framework, and mission of institutional-grade forestry investment across Australia and NZ.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
One Forty One Plantations social profiles
Digital presenceOne Forty One Plantations compliance and trust
Trust signalCompliance6 records
One Forty One Plantations financial estimates
Financial estimateRevenue estimate
Valuation estimate
One Forty One Plantations leadership team
Management profileNumber of profiles
Profiles6 records
One Forty One Plantations subsidiaries and ownership
Company hierarchySubsidiaries3 records
One Forty One Plantations funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
One Forty One Plantations M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about One Forty One Plantations
What does One Forty One Plantations do?
OneFortyOne is a vertically integrated forestry and sawmilling company that manages over 160,000 hectares of radiata pine plantation forests across Australia (Green Triangle) and New Zealand (Nelson Tasman and Marlborough). It operates two sawmills — Jubilee Sawmill in Mount Gambier and Kaituna Sawmill in Marlborough — converting harvested logs into structural timber, treated timber, decking, posts, appearance-grade products, and industrial grade timber for sale to domestic processors, builders, and export markets.
Is One Forty One Plantations a public or private company?
One Forty One Plantations is a private company. It is classified as unknown and is currently operating.
When was One Forty One Plantations founded?
One Forty One Plantations was founded in 2012. It employs 501 to 1,000 people.
Where is One Forty One Plantations based?
One Forty One Plantations is headquartered in Melbourne, Australia, in the Oceania region.
How does One Forty One Plantations make money?
Two revenue lines are on record. Timber Products Sales are the primary driver. The others are kaituna Sawmill Exports.
Who are One Forty One Plantations's main competitors?
Broad incumbents on record are PotlatchDeltic, Rayonier, Interfor, Stora Enso, Weyerhaeuser and UPM-Kymmene. Others are Hancock Forest Management (Manulife Investment Management) and PF Olsen. Direct peers are Ernslaw One and New Forests.
Does One Forty One Plantations have an API?
No public API is recorded for One Forty One Plantations.
What industry is One Forty One Plantations in?
One Forty One Plantations's product category is Sustainable Timber Products. Its primary akta.pro industry code is IMADADAA, Sawmilling & Lumber Production. Its NAICS code is 11311 and its SIC code is 2421.