Property
ITM shocked by Carter Holt Harvey move
ITM boss Darrin Hughes says Carter Holt's supply restrictions are disappointing.
Building supplies company ITM has confirmed that Carter Holt Harvey has suspended its supply of timber "due to a shortage of structural timber able to be produced through their mills".ITM chief executive Darrin Hughes said in a statement this came as a shock at a time when the government is seeking to address the housing shortage by increasing housing supply."The inability of a major timber manufacturer to meet demand in the market is a concern to us." "We are disappointed that the restriction of supply to ITM &nda...
Login to read
Try 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
- A custom library of your saved stories
- An industry-leading search engine
- Try for 10 days without paying and if you’re not convinced cancel with just two clicks.
Support quality New Zealand journalism by subscribing today.
Find out moreUse the information you’ve already given Google to create your subscription.
Not convinced yet?
Subscribe to our Daily News Update free newsletter.