Fletcher Building businesses damaged in quake

Tuesday 22nd February 2011

Building supplies and construction company Fletcher Building says its Christchurch businesses suffered damage in the 6.3 earthquake this afternoon.

There were no reports of fatalities or injuries among its employees, and all businesses had been closed so staff could get home and check on their families, the company said in a statement to the stock exchange.

Fletcher's Winstone Wallboards plant, its PlaceMakers stores on Antigua and Cranford streets and its Laminex branch in Waltham had been damaged, while two main Fletcher Construction sites had been significantly damaged.

"Our thoughts are with the people of Canterbury at this difficult time," chief executive Jonathan Ling said.

The company was keeping an eye on the situation.

Fletcher Building is taking a significant role in the estimated $4 billion reconstruction work after last September's earthquake struck Canterbury.

Shares in Fletcher Building closed up 18c, or 2.2%, at $8.48 in a weaker market.

NZPA

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