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...

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