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Held to ransom : Timber saga prompts panic buying, backlogs and housing fears

Held to ransom : Timber saga prompts panic buying, backlogs and housing fears 10 Apr, 2021 08:00 PM 7 minutes to read Some people have been panic buying timber as the shortage continues. Photo / File The boss of one of the Bay s largest building companies says the industry is being held to ransom amid a deepening shortage of timber products. The shortage has sparked panic buying of materials and a warning from a national hardware retailer, PlaceMakers, that customers should plan well in advance as demand for steel, timber and cladding soars. In March, the Commerce Commission sought a please explain from timber giant Carter Holt Harvey after it abruptly cut supplies to a number of building retail chains, prompting concerns that costs will rise and construction could slow.

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Southern builders will cope with lack of timber supplies

Most builders ordered timber well in advance, so if they were unable to have their orders filled they could source materials from elsewhere, he said. “I think the big thing at the moment is for builders have a good relationship with their building company representatives. ’ Supply issues experienced during and after the Covid-19 lock down were not as bad now, but it was still important to order in advance, he said. The building industry in Southland was still ‘’nuts’’ and most builders were booked up for the rest of the year. “There are work-arounds, and builders can make things work to get projects done,’’ he said.

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Carter Holt s halt on wood supply a sign of a system under stress

Carter Holt s halt on wood supply a sign of a system under stress
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New zealandGraeme hartPrafull keshaCarter holtNick collinsJon tannerMarc hunterJohn tookeyCarter holt harveyManufacturers associationAuckland university of technologyCommerce commissionNational association of steel framed housingCarter holt harvey woodproductsFletcher building owned placemakersAuckland university

Carter Holt Harvey says reports of a log supply issue is a mis-perception - 29-Mar-2021

Carter Holt Harvey says reports of a log supply issue is a mis-perception - 29-Mar-2021
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

Prafull keshaCarter holt harveyCommerce commissionHolt harveyபிரபுள்ல கேஷாகார்ட்டர் ஹோல்ட் ஹார்விவர்த்தகம் தரகுஹோல்ட் ஹார்வி