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Mayfield Boosts Capacity with $8.4M Property Amid $30M Contract Surge
9:48am on Friday 23rd of January, 2026 AEDT
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Industrial Manufacturing
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Mayfield Boosts Capacity with $8.4M Property Amid $30M Contract Surge
9:48am on Friday 23rd of January, 2026 AEDT
Key Points
$8.4 million acquisition of 10,410m² industrial property at Royal Park
Debt-funded deal preserves $16.3 million cash reserves
Annual savings of $240,000 from lease termination and reduced external costs
Operational synergies through adjacency, shared cranes, consolidated inventory
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Mayfield Group Holdings (ASX:MYG)
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