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Steel & Tube considered bid for FBU steel assets, chair reveals
By Pattrick Smellie Oct. 25 (BusinessDesk) - Steel & Tube considered bidding for Fletcher Building's steel and reinforcing businesses earlier this year but concluded such a bid would take too long and could struggle to gain permission from the Commerce Commission, says S&T cha...
Metlifecare expands Botany project with additional land purchase
By Gavin Evans Oct. 25 (BusinessDesk) - Metlifecare has acquired additional land from Pakuranga Golf Club and will expand its adjacent Botany development by 74 units. The retirement village operator bought almost 2.4 hectares from the club last year to develop a village wit...
Transpower cites skills shortages in reduced capex plan
By Gavin Evans Oct. 25 (BusinessDesk) - Transpower says it may reduce its future capital spending due to an anticipated shortage of key technical workers. The national grid operator has signalled a potential $65 million, or 5 percent, reduction in its forecast capital expen...
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