Fletcher Building

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Fletcher Building Ltd.
legal form Limited
ISIN NZFBUE0001S0
founding 1909, 2001
Seat Auckland , New ZealandNew ZealandNew Zealand 
management Ross Taylor (CEO)
Ralph Norris (Chairman)
Number of employees approx. 20,000
sales NZ $ 9.471 billion (≈ € 5.44 billion)
Website fletcherbuilding.com
Status: 2017

Traveling crane of the subsidiary "Fletcher Construction"
Golden Bay cement, Fletcher Building
The Sky Tower in Auckland (Fletcher Construction)
Westpac Stadium in Wellington, looking down from Wadestown (Fletcher Construction)

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 , where they have the highest index weighting ( market capitalization ). The company trades in building materials such as laminates and panels (including the “Laminex” and “Formica” brands), cranes , steel and other building products. Of theRetained earnings in 2011 amounted to 283 million US dollars .

Company history

In 1908 the stonemason James Fletcher, his brother William John Fletcher (both from Scotland ) and the Englishman Albert Morris emigrated to New Zealand. There they founded the company "Fletcher and Morris" together. In 1909 they were commissioned to build a luxurious villa in Dunedin . For the first time they built a house out of wood. This still stands today and has become known as the "Fletcher House".

From 1919 the construction company traded as a Limited Liability Company , which in terms of liability law corresponds to a limited partnership without a general partner . In 1925 the company moved its headquarters from Dunedin to Auckland and operated as "Fletcher Construction" until this company was incorporated into the "Fletcher Holdings Group". From 1942 Fletcher's son, James Fletcher (junior), ran the company, which laid the foundation for a large building and building materials empire in the Austro-Asian region. Today Fletcher Building is the second largest company in New Zealand with 20,000 employees worldwide.

In 1981 the “Fletcher Holdings”, the “Challenge Corporation” and the pulp and paper mill, “Tasman Pulp” merged to form the “Fletcher Challenge”, an international trading company which, in addition to the construction industry, was also dedicated to the forestry and energy industries . Twenty years later, “Fletcher Challenge” sold its paper and energy division. In 2001 "Fletcher Building" was created. True to the tradition of Fletcher, the company now devoted itself again to the manufacture and sale of building materials and building materials, as well as the construction of housing estates, commercial areas and infrastructure development. In 2007 the “Formica Group” joined the company. This made Fletcher Building the world's largest manufacturer of decorative surface materials and high-pressure laminates. The Group is in addition to the South Pacific markets in the Middle East and in the double continent America represented.

Mark Adamson has headed the group since October 2012. He replaced Jonathan Ling as CEO and Managing Director .

Fletcher Building is engaged in the production areas of construction, cement manufacture , production 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 posted 2006 after-tax profits of NZ $ 379 million. Successful projects in the United States , Malaysia and Hong Kong as well as in the home country were responsible for this . Nearly half of all investments were outside New Zealand, at 42%.

The company stands for a number of important construction projects:

See also

literature

  • Paul Goldsmith, Fletchers: A Centennial History of Fletcher Building. Auckland: Davia Ling Publishing, 2009, ISBN 978-1-877378-35-5 .
  • Jack Smith, No Job Too Big: A History of Fletcher Construction, Volume I: 1909-1940. Wellington: Steele Roberts, 2009, ISBN 978-1-877448-69-0 .

Individual evidence

  1. ↑ a b Fletcher Building: 2018-annual-report . 2017. Retrieved August 26, 2018.
  2. ^ The University of Auckland, Business History Project
  3. ^ The Fletcher House
  4. ↑ Adamson moves to the helm of Fletcher Building
  5. ↑ Sir James Fletcher, the mild-mannered man of steel (nz-herald.com)
  6. ↑ Fletcher builds up to big result (nz-herald.com)
  7. ↑ Te Papa . The Fletcher Construction Company Limited , 2016, archived from the original on March 4, 2016 ; accessed on April 10, 2018 (English, original website no longer available).
  8. ↑ Sky Tower . The Fletcher Construction Company Limited , 2016, archived from the original on March 4, 2016 ; accessed on April 10, 2018 (English, original website no longer available).
  9. ^ WestpacTrust Stadium . The Fletcher Construction Company Limited , 2016, archived from the original on January 7, 2016 ; accessed on April 10, 2018 (English, original website no longer available).
  10. ^ The Manapouri Hydroelectric Project . Robbins Company , archived from the original on April 6, 2012 ; accessed on April 10, 2018 (English, original website no longer available).
  11. ^ Upper Harbor Duplicate Bridge . The Fletcher Construction Company Limited , 2016, archived from the original on March 4, 2016 ; accessed on April 10, 2018 (English, original website no longer available).
  12. ^ Rewa Bridge . The Fletcher Construction Company Limited , 2013, archived from the original on February 12, 2013 ; accessed on April 10, 2018 (English, original website no longer available).
  13. ^ Northern Busway . The Fletcher Construction Company Limited , 2016, archived from the original on April 17, 2016 ; accessed on April 10, 2018 (English, original website no longer available).

Web links

Coordinates: 36 ° 54 ′ 41 ″  S , 174 ° 49 ′ 9 ″  E