Australia's largest abalone farm is set to double its production in the next three years, creating dozens of jobs in the greater Geelong region.
The Perth-based Craig Mostyn group has bought Jade Tiger Abalone, which produced 220 tonnes per annum and employed 35 people at the breeding and processing facility at Indented Head, on Victoria's Bellarine Peninsula.
Chief executive David Lock said the company would invest $20 million in the facility and planned to double its production in five years.
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