Fletcher Construction

Fletcher Construction

Infobox Company
name = Fletcher Construction
company_
type = Private company
foundation = 1919
location_city = Auckland
location_country = New Zealand
location =
locations =
key_people =
area_served = New Zealand
industry = Construction
products = Building products
services = Construction
operating_income =
net_income =
num_employees =
parent = Fletcher Building
divisions =
subsid =
slogan =
homepage = www.fletcherconstruction.co.nz
dissolved =
footnotes =
intl = Yes

Fletcher Construction Limited is a leading New Zealand construction company." [http://www.nzherald.co.nz/section/8/story.cfm?c_id=8&objectid=10371151 Red ink reins in builder Mainzeal] " - "New Zealand Herald", Monday 06 March 2006] It is owned by Fletcher Building Limited and has three main divisions:

*Building and interiors (operating nationally)
*South Pacific (offices throughout the region)
*Engineering (cooperates with the other divisions)

It is widely recognised in New Zealand, and has participated in various major projects.

History

In 1908 James Fletcher (senior), a builder and stonemason from Scotland, began a building business along with his brother and Englishman Albert Morris. The firm was known as Fletcher Brotherscite web|title=University of Auckland Business History Project - Fletcher Challenge|url=http://www.businesshistory.auckland.ac.nz/fletchers/founders.html|publisher=University of Auckland|accessdate=2007-08-31] . The first house they built together, in 1909, still stands and is open to the public in Dunedincite web|url=http://www.fletchertrust.co.nz/fletcher_house.php|title=The Fletcher House|publisher=The Fletcher Trust|accessdate=2007-09-01] . The company itself was first registered as a limited liability company in 1919.

In 1925 the company headquarters was moved to Auckland, and in 1940 Fletcher Construction became a subsidiary of the Fletcher Holdings group, which listed on the share market that year. In 1942, following the resignation of his father to help New Zealand's war effort, James Fletcher (junior) became Managing Director of the company. James Fletcher junior placed a greater emphasis on the firms building products manufacturing divisions, with Fletcher Construction retaining the core construction business.cite web|title=Sir James Fletcher, the mild-mannered man of steel|url=http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10460854|date=2007-08-31|author=Graeme Hunt|publisher=New Zealand Herald|accessdate=2007-08-31]

Major projects

Major projects have included:

*Te Papa Museum in Wellington (completed in 1996) [ [http://www.fletcherconstruction.co.nz/project/35 Te Papa] (from the Fletcher Construction website. Retrieved 2007-11-25.)]
*SKYCITY Auckland Convention Centre and Grand Hotel (completed in 1996) [ [http://www.fletcherconstruction.co.nz/project/32 Sky City Casino] (from the Fletcher Construction website. Retrieved 2007-11-25.)]
*Sky Tower (completed in 1997) [ [http://www.fletcherconstruction.co.nz/project/56 Sky Tower] (from the Fletcher Construction website. Retrieved 2007-11-25.)]
*Westpac Stadium in Wellington (completed in 1999) [ [http://www.fletcherconstruction.co.nz/project/34 Westpac Stadium] (from the Fletcher Construction website. Retrieved 2007-11-25.)]
*Manapouri Second Tailrace Tunnel (completed in 2002) [ [http://www.fletcherconstruction.co.nz/project/28 Manapouri] (from the Fletcher Construction website. Retrieved 2007-11-25.)]
*Upper Harbour Bridge in Auckland (completed in 2006) [ [http://www.fletcherconstruction.co.nz/project/57 Upper Harbour Bridge] (from the Fletcher Construction website. Retrieved 2007-11-25.)]
*Rewa Bridge in Fiji (completed 2006) ["High-Tech Bridge Buildings Hits Fiji" - "e.nz magazine", IPENZ, July/August 2007, Page 21]
*Northern Busway associated infrastructure (completed 2008)

Outlook

The company had after-tax earnings of $NZ 379 million in 2006. The good performance was attributed by the company to successful investments in the United States, Malaysia, Hong Kong and the Pacific Islands, and it announced that it easily had up to $NZ 1.5 billion scope to further expanding globally, and was expecting to announce new acquisitions soon. As the company expands, 42 per cent of its sales were now outside of New Zealand. [" [http://subs.nzherald.co.nz/category/story.cfm?c_id=60&objectid=10410795 Fletcher builds up to big result] " - "New Zealand Herald", Wednesday 15 November 2006] .

References

External links

* [http://www.fletcherconstruction.co.nz/ Fletcher Construction] (official company website)


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