Fletcher Building
Fletcher Building Ltd. , Formerly Fletcher Holdings and later Fletcher Challenge is a publicly traded construction company based in Auckland, New Zealand. The Company's shares are listed on the NZX and ASX and there has the highest index weighting (market capitalization ). The company deals with construction materials, such as laminates and panels (including the brands " Laminex " and " Formica " ), cranes, steel and other building products. The net profit in 2011 amounted to 283 million U.S. dollars.
History
1908 immigrated from the stonemason James Fletcher, whose brother William John Fletcher (both Scotland) and the Englishman Albert Morris to New Zealand. There they founded the company " Fletcher and Morris ." In 1909 she received the order to build a luxury villa in Dunedin. For the first time, they built a house out of wood. This still stands today and is known as " Fletcher House ."
From 1919, the construction company was renamed as Limited Liability Company, which corresponds to legal liability as a limited partnership without complementary. 1925, the company moved from Dunedin to Auckland and traded under the name " Fletcher Construction", to this society of " Fletcher Holdings Group " was incorporated. From 1942, the son of Fletcher, James Fletcher (junior ), the company with which the foundation was laid for a large construction and civil empire in the Austro-Asiatic area. Today, Fletcher Building is the second largest company in New Zealand with 20,000 employees worldwide.
1981 merged the " Fletcher Holdings ", the " Challenge Corporation " and the pulp and paper mill, " Tasman Pulp " for " Fletcher Challenge ," an international trading company, which was next to the construction industry also prescribed for the forestry and energy sectors. Twenty years later sold " Fletcher Challenge" its paper and energy division. 2001 it is " Fletcher Building". True to the tradition Fletchers one turned again the manufacture and distribution of building materials and building materials, as well as the construction of housing estates, industrial estates and infrastructure development. 2007 came the " Formica Group of companies" to the company. Thus Fletcher Building rose to become the world's largest manufacturer of decorative surfacing materials and high pressure laminates. The Group is represented in addition to the South Pacific markets in the Middle East and in the double continent America.
Since October 2012, he Mark Adamson the Group. He thus replaces Jonathan Ling from CEO and Managing Director.
Fletcher Building is engaged in the production areas of construction, cement production, manufacture of structural steel and building materials such as steel roofing sheets, pipes and pipe fittings.
Fletcher Construction
Fletcher Construction is a major subsidiary of Fletcher Building. Fletcher Construction was able to report a profit after tax of NZ $ 379 million in 2006. Were responsible for this successful project in the United States, Malaysia and Hong Kong as well as in the home country. At 42%, almost half of all investments were outside of New Zealand.
The firm represents a number of major construction projects:
- Te Papa Tongarewa, Wellington
- Skycity Auckland, Auckland
- Sky Tower ( Auckland ), Auckland
- Westpac Stadium, Wellington
- Power plant Manapouri, Fiordland National Park on Lake Manapouri, a joint venture ( Fletcher, Dillingham, Ilbau )
- Upper Harbour Bridge, Waitemata Harbour, Auckland
- Rewa Bridge, Fiji
- Northern Busway, Auckland, Auckland
- Mangere Bridge ( bridges ), Auckland
- King Seat Hospital, Karaka