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McConnell Dowell posts $20.6M loss on underperforming irrigation, Kawarau Falls contracts
By Jonathan Underhill Dec. 4 (BusinessDesk) - McConnell Dowell Constructors has posted a full-year loss in the face of lower sales and "material losses" at its North Otago Irrigation Co (NOIC) and Kawarau Falls Bridge contracts. The loss was $20.6 million in the 12 months e...
John Anderson steps down from NZME, T&G Global boards
By Paul McBeth Dec. 4 (BusinessDesk) - Veteran director John Anderson is stepping down from the boards of NZME and T&G Global over the next fortnight. Anderson announced his retirement from both boards today, leaving NZME from Dec. 8 and T&G from Dec. 14. He had already sc...
Godfrey Hirst's NZ profit climbs 41% to six-year high ahead of Mohawk sale
By Paul McBeth Dec. 4 (BusinessDesk) - Godfrey Hirst reaped its biggest profit in six years from New Zealand, leaving the local unit in good health as global flooring manufacturer Mohawk Industries folds the Australasian carpetmaker into its empire. The local holding compa...
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