Carter Holt Harvey boss: 'We're investing, but building is booming'

Brent Melville
Mon, 29 Mar 2021

Brent Melville
Mon, 29 Mar 2021
Carter Holt Harvey chief executive Prafull Kesha said CHH was "continuing to meet its contractual obligations" after the Commerce Commission said it would make enquiries into the company's recent actions.This follows CHH's decision last Wednesday to halt structural timber supply to some of its customers, including ITM and DIY outlet Mitre10.Kesha said the shortages were a direct result of booming conditions in the building industry. He added that CHH has been investing "significant capital" in capacity expa...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Pet food millionaire snaffles Taupō racetrack
Pattrick Smellie | Sat, 17 Apr 2021

Tony Quinn is adding Taupō's Bruce McLean Park to the motorsport facilities he already owns at Hampton Downs and Highlands.

Markets Exclusive
Market regulator blasts Australian 'culture of leaks'
Dan Brunskill | Sat, 17 Apr 2021

Leaks are threatening market integrity and should not be tolerated, NZ RegCo says.

The traditional office is dying a slow, painful death
Jehan Casinader | Sat, 17 Apr 2021

The modern workplace has been through various iterations in recent decades, but no one questioned why it existed in the first place.

Partner Content
Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Now’s the time to ask hard questions on our future land use

How can we work together to strengthen our economy and support Kiwis to prosper while protecting our natural environment and our climate.