Construction of a new facility to allow the relocation of Boral’s Lindsay Street site will begin this month.
The City of Launceston compulsorily acquired the plant in 2008 as part of the $58m flood levee reconstruction project.
On Friday morning Boral Tasmania general manager Gary Chapman and Launceston mayor Albert van Zetten avoided the mud and puddles to explore Boral’s new location on Gleadow Street.
A tender for the construction of a new batching plant facility and offices in Gleadow Street – across the road from Boral’s existing site – was awarded to Vos Construction and Joinery.
Planning applications for the new plant were approved by the council in 2014.
The new plant is expected to be fully operational by February.
It will include the Boral Launceston Concrete Plant as well as the company's state office, laboratory and transport depot.
Mr Chapman said Boral was looking forward to starting the construction process.
"We have been working constructively with council to achieve a sustainable outcome and we are looking forward to maintaining our head office, laboratory and batching plant facilities in Launceston,” he said.
“We’ll be having the same numbers of employees that we previously had, so it allows us to sustain our operation.”
Mr Chapman said remaining in Launceston was a key objective of Boral.
“It’s a great market, we have good-quality concrete and we’ve got a good strong customer base in Launceston,” he said.
Alderman van Zetten said the relocation would see the flood levee work continue and the North Bank development go “full steam ahead”.
He said the relocation process had taken many years because the circumstances were unique.
"We have not previously seen compulsory land acquisitions of this type,” he said.