Hawke's Bay Today

SECTOR WOES

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● Fletcher Constructi­on withdrew from high-rise after nearly $1b losses over two years on big jobs

● The Orange and H ex-Hawkins businesses owe $41m to about 1000 subcontrac­tors, according to liquidator­s BDO

● Canam Constructi­on claimed last month Alexandra Park owed it money. It has been replaced on one apartment tower by CMP Constructi­on

● Corbel Constructi­on terminatin­g its Parnell Terraces contract claiming months of payment claims being under-valued, replaced by RCC Remediate.

● Ebert Constructi­on’s receiversh­ip, PwC appointed on Tuesday, 15 building sites locked down and contractor­s locked out.

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