Milestones

Fletcher Building was established in 2001 when Fletcher Challenge was dismantled and three companies were formed to focus on specific sectors.

Fletcher Building holds the businesses at the heart of the Fletcher tradition – the manufacture and distribution of building products and construction materials, and the construction of commercial, residential and infrastructure developments.

Since 2001, Fletcher Building has consolidated its position as a leading diversified building materials company.

Significant milestones


2009	26 June	Closure of MDF plant in Welshpool, Perth, WA
	5 June	Kumeu particleboard plant closure announced
	3 June	New appointments to Board of Directors
	1 April	$526 million in new equity raised through institutional placement and share purchase plan
	12 February	Fletcher celebrates 100 years with launch of centenary website
	10 February	Sale of head office at Penrose


2008	9 June	John Judge appointed as Non-Executive Director
	30 April	Further Steel buildings acquisition
	11 March	Formica Corporation management change


2007	23 May	Acquisition of Formica Corporation
	10 May	Closure of Taupo MDF plant
	1 May	Acquisition of Eziform Sheet Metal Pty Limited


2006	22 November	Acquisition of Forman Group Limited
	6 November	Penrose Complex acquisition
	27 October	Acquisition of Maddren Timber business
	26 October	Reorganisation of Building Products division and the creation of a new Steel division
	10 May	Fletcher Building appoints Jonathan Ling as Chief Executive on retirement of Ralph Waters
	1 May	Acquisition of the O’Brien Group manufacturing and distribution business


2005	9 August	Ralph Norris resigned as a director of the company
	1 March	Completion of the purchase of Amatek Holdings Limited (Amatek)
	3 February	Fletcher Building received ACCC clearance for possible acquisition of Insulation Solutions Pty Limited, a subsidiary of Amatek Holdings Limited.


2004	11 November	Fletcher Building announced that it had signed a conditional agreement to acquire the assets of the Kuala Lumpur-based company, Malaysian Roofing Industries Snd Berhad, a subsidiary of the Nylex Group.
	11 November	Fletcher Building advised that it had been participating in a sale process for some of the businesses of the Amatek group of companies.
	29 April	Pacific Wire was successful in its claim of galvanised steel wire dumping imported from Malaysia causing material injury to New Zealand industry.


2003	30 September	Completion of acquisition of Tasman Building Products
	19 August	Fletcher Building announces it has signed an agreement to purchase Tasman Building Products Pty Limited. Tasman has significant building operations in Australia and New Zealand and a small operation in USA.
	26 May	Geoff McGrath appointed as Non-Executive Director.


2002	13 November	Completion of acquisition of the Laminex Group
	18 September	Fletcher Building announces agreement to purchase The Laminex Group, a major Australian building products group.
	14 August	Fletcher Building enters into an unconditional agreement for the sale of its Bolivian concrete businesses to Soboce SA, a Bolivian cement producer.
	8 July	Fletcher Aluminium sells its Australian distribution business to Capral Aluminium
	1 July	Fletcher Building accepted to a full listing on the Australian Stock Exchange
	15 June	Fletcher Building de-listed from the New York Stock Exchange
	31 May	Sale of the co-generation power project assets in Australia to Energy Impact Pty Limited, a subsidiary of Energex Limited.
	19 February	Sale of Australian construction assets to the John Holland Group


2001	28 September	Sale of the rural business of the Cyclone Operations to True-Test Limited
	16 July	Sale of an interest in the 110 hectare Lunn Avenue quarry site in Mt Wellington to Landco Mt Wellington Limited
	27 July	Resolution of the Manapouri Tailrace claim with Meridian Energy
	11 July	Sale of some noncore assets of Fletcher Aluminium to Ullrich Aluminium Company
	10 July	Ralph Waters was appointed to the Board of Directors
	29 June	Michael Andrews advised his resignation as interim Executive Director
	26 May	Ralph Waters was appointed as the new Chief Executive
	18 April	An additional Board Member, Ralph Norris was appointed
	24 March	The Company and the Fletcher Building Group (the Group) began trading
	23 March	Fletcher Building acquired the net assets of Fletcher Challenge Limited - Building Operations under a court approved scheme of arrangement and became a stand-alone publicly listed company on the NZX, ASX and NYSE.
	31 January	The new board for the proposed Fletcher Building company was announced: Chairman Roderick Deane, and Board Members Hugh Fletcher, Kerrin Vautier, Sir Dryden Spring, Paul Baines and Michael Andrews.


2000	19 December	Fletcher Building Limited was incorporated, preparatory to acquiring the net assets of Fletcher Challenge Limited - Building Operations, a targeted share of Fletcher Challenge Limited.