Cladding firm in liquidation joins line-up of construction sector collapses

Another construction sector company has gone into liquidation after reportedly struggling to get paid.  Christchurch’s justice and emergency services precinct opened in 2017 after long delays. Its stone fins were provided by Prime Design.

Prime Building Systems produced facade panels and metal joinery under the trading name Prime Design. It had factories in Manukau, Auckland and Bromley, Christchurch.

The company’s projects included producing stone fins for Christchurch’s justice and emergency services precinct and terracotta cladding for the city’s airport Novotel hotel. Both projects ran into serious delays and cost overruns, and the hotel remains under construction despite an original 2017 completion date.

Delays and cost overruns on major construction projects have tipped many businesses in the sector into difficulty.
ROY CERNOHORSKY
Delays and cost overruns on major construction projects have tipped many businesses in the sector into difficulty.

Prime Building Systems also produced engraved cladding for Ngai Tahu’s King Edward barracks office development and worked on some North Island projects.

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Prime Building Systems’ owner and sole director is Auckland-based Stijn Van Den Eeden.

When Van Den Eeden put the company into liquidation in December it was owed $1.33 million by debtors, with most bills said to be more than two months overdue. There are also reportedly some contractual disputes.

Source: Stuff