MILLIONAIRE businessman Graeme Wood says he is ready to push on with plans to convert an East Coast woodchip mill into a major tourism venture. Mr Wood and former business partner Jan Cameron settled a legal dispute over the former Gunns mill on Friday, with Mr Wood buying her share. "I am pleased that we were able to sort this out given our divergent views on investment in Tasmania," Mr Wood said. Last month, Mr Wood announced he was taking Ms Cameron to court to wind up the company they created to buy the mill in 2011 and remove her as a partner. He said she didn't support his plans for the $50 million tourism venture, and works stopped at the site. A letter from Ms Cameron's lawyers to the parliamentary inquiry investigating the sale of the mill said she planned to prevent a wind-up, and was considering a counter action against Mr Wood. But the pair settled the dispute out of court. "This has been a difficult few months," Mr Wood said. "Our team has had to deal with the delays caused by the parliamentary inquiry as well as this legal action," he said. "We will now continue to finalise our commitments under the Environment Protection Notice," he said. Mr Wood said despite the delay, the decommissioning works were 95 per cent complete. Tourism Industry Council Tasmania chief executive Luke Martin said it was a positive outcome. "We were all concerned the legal wrangle would cause further delay," Mr Martin said. Mr Martin said the removal of Ms Cameron from the project was a good thing. "The sooner we can move forward the better," Mr Martin said. He said the Triabunna community was anxious to see the project go ahead.
Millionaire businessman Graeme Wood says he is ready to push on with plans to convert an East Coast woodchip mill into a major tourism venture.
MILLIONAIRE businessman Graeme Wood says he is ready to push on with plans to convert an East Coast woodchip mill into a major tourism venture.
Mr Wood and former business partner Jan Cameron settled a legal dispute over the former Gunns mill on Friday, with Mr Wood buying her share.
"I am pleased that we were able to sort this out given our divergent views on investment in Tasmania," Mr Wood said.
Last month, Mr Wood announced he was taking Ms Cameron to court to wind up the company they created to buy the mill in 2011 and remove her as a partner.
He said she didn't support his plans for the $50 million tourism venture, and works stopped at the site.
Graeme Wood plans to convert the Triabunna woodchip mill into a tourism venture.
A letter from Ms Cameron's lawyers to the parliamentary inquiry investigating the sale of the mill said she planned to prevent a wind-up, and was considering a counter action against Mr Wood.
But the pair settled the dispute out of court.
"This has been a difficult few months," Mr Wood said.
"Our team has had to deal with the delays caused by the parliamentary inquiry as well as this legal action," he said.
"We will now continue to finalise our commitments under the Environment Protection Notice," he said.
Mr Wood said despite the delay, the decommissioning works were 95 per cent complete.
Tourism Industry Council Tasmania chief executive Luke Martin said it was a positive outcome.
"We were all concerned the legal wrangle would cause further delay," Mr Martin said.
Mr Martin said the removal of Ms Cameron from the project was a good thing.
"The sooner we can move forward the better," Mr Martin said.
He said the Triabunna community was anxious to see the project go ahead.
