An Australian artificial intelligence company has purchased the former Visy paper mill site at Ettamogah, north of Albury, in a significant local business The company, Sharon AI, confirmed the acquisition of the large industrial site, although it has not yet publicly disclosed what it intends to do with the property. The development was reported on 16 September 2026, making it a current story relevant to the wider Albury region.

The former Visy paper mill site is located at Ettamogah, north of Albury, and has previously been associated with industrial activity in the region. The purchase by an artificial intelligence company introduces a new potential direction for the site, although the company's future plans remain unclear. Sharon AI has confirmed that it now owns the property but has not provided detailed information about the intended use of the site.

The acquisition is noteworthy because large industrial properties can provide substantial space for commercial, technology, manufacturing or infrastructure-related activities. However, without a formal announcement from Sharon AI about its plans, it would be premature to describe the purchase as a confirmed technology facility, data centre, manufacturing operation or other specific development.

The former paper mill property has an established industrial history, meaning its future use could have implications for employment, investment and economic activity around Albury and the surrounding region. Any redevelopment would potentially involve planning, environmental, infrastructure and regulatory considerations, depending on what the new owner ultimately proposes.

For the local community, the most important development at this stage is the change in ownership. Sharon AI's purchase places the future of the Ettamogah site under new ownership, while residents and businesses wait for further information about what may happen next.

The company has not publicly explained why it purchased the site. That means several possibilities may remain open, but none should be treated as confirmed until Sharon AI releases additional information or submits formal development plans to the relevant authorities.

ABC Goulburn Murray reported the acquisition as an artificial-intelligence-related development on 16 September 2026. The ABC's Albury topic page also lists the Sharon AI purchase among recent regional stories.

The development comes as artificial intelligence companies continue to require physical infrastructure and suitable sites for business operations. However, the specific requirements of Sharon AI and the reason it selected the Ettamogah property have not been publicly detailed in the available reporting.

Further announcements from Sharon AI, local government or planning authorities could provide information about proposed development, investment, employment opportunities, environmental considerations or other uses for the property. Until those details are released, the confirmed information is limited to the company's acquisition of the former Visy paper mill site and its location north of Albury.

For Albury and the surrounding region, the purchase represents a change in ownership of a significant former industrial property. The next stage will depend on what Sharon AI intends to do with the site and whether it proposes any redevelopment or new operations.