Bathurst MP Paul Toole said the NSW Government had approved the upgrade of the Borg facility that would allow the company to transition into manufacturing recycled particle board, while also supporting more than 180 locals employed at the plant.

"Borg is a fantastic local success story and the NSW Government is helping it remain productive and competitive in a global market," Mr Toole said.

"The state-of-the-art Borg facility manufactures an exhaustive range of decorative board products for all joinery applications, including up to 380,000 cubic metres of medium-density fibreboard and 500,000 cubic metres of particleboard every year."

The upgrade to the Oberon plant will allow Borg to house equipment to process recycled wood products as part of its plan to manufacture recycled particle board.

Borg will also expand its truck parking and loading areas.

The project was one of 24 to have its assessment fast-tracked through tranche two of the Planning System Acceleration Program that is boosting the State's economy and creating opportunities for thousands of jobs in response to COVID-19.

"We've reprioritised projects in the state's planning system to get shovel-ready projects assessed earlier, to keep people in jobs and the economy moving," Mr Toole said.

"This is the first project approved through the second tranche of projects that have had their assessments fast-tracked as part of the Government's response to the COVID-19 pandemic.

"To date the program has created opportunities for more than 10,000 direct jobs and $7.8 billion in economic value for the state."

For more information visit: https://www.planningportal.nsw.gov.au/major-projects/project/30516.