Infrastructure

USG Boral used 'wrong' business model in tightly controlled market

Brent Melville
Sat, 07 Aug 2021

Thin product, thin margins for the plasterboard business (Image: Deposit Photos)

Brent Melville
Sat, 07 Aug 2021

Industry players say USG Boral pulled the pin on its New Zealand business because of a flawed model, rather than any direct pressure by the dominant player in the plasterboard market, Fletcher Building-owned Winstone Wallboards.Māngere-based USG Boral, which imports Sheetrock plasterboard and other building products including ceiling acoustic tiles, cornice and roofing board for the trade, confirmed it will close its doors in November with the loss of 45 jobs through its Auckland, Christchurch and Wellington locations. Tony Charnock, USG B...

Unlock all stories
free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
Comprehensive business and markets coverage
News vie email, web and Apple/Android apps

Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Find out more

Subscribe now

Name

E-Mail Address

Password

Confirm Password

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Cardholder's Name

Card

You will be charged in 10 days unless you cancel beforehand. We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service {{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Or Subscribe with Google

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Infrastructure

Climate denial, democracy and Vector: inside the Entrust election

Ian Llewellyn | Tue, 19 Oct 2021

Climate change and dividends are the central issues in yet another bitterly divided election, to which most voters are unlikely to pay any attention.

Coronavirus

New 3-storey planning rules, shorter MIQ in prospect this week

Pattrick Smellie | Tue, 19 Oct 2021

Also expected this week is an announcement from covid response minister Chris Hipkins to reduce managed isolation and quarantine stays from 14 days to nine.

Technology

Ministry of Health: two vaccine certificates for data reasons

Henry Burrell | Tue, 19 Oct 2021

New Zealand’s international vaccine certificates will be based on the EU standard.

USG Boral used 'wrong' business model in tightly controlled market

Subscribe now

Or Subscribe with Google

Not convinced yet?

Your company has a subscription

Team