A social housing developer has fired Fletcher Building as its supplier of GIB plasterboard due to lengthy product delays.
Simplicity Living managing director Shane Brealey.
Photo: Supplied / Simplicity Living
Simplicity Living, which is owned by the not-for-profit KiwiSaver provider Simplicity, said the ongoing issue had it forced to resort to importing an alternative product from Thailand to complete its build-to-rent developments.
Fletcher Building has a near monopoly on the plasterboard market and the chronic shortages, which have been blamed on unprecedented demand, have beenwell-publicised.
Some in the building sector have warned that the ongoing shortages could result in builders going broke because they could not finish residential projects.
Simplicity chief executive Sam Stubbs told RNZ there was cost of building crisis in New Zealand, but Fletcher Building’s…
