A Lower Hutt company that makes prefab classrooms is in voluntary administration but the Education Ministry says it is working with it.
The Ministry of Education says it is working with AdBuild and its administrators to ensure projects continue with as little disruption as possible (file picture). Photo: Ministry of Education
AdBuild’s creditors appointed administrators at the end of March, and the company continues to trade.
It is one of three firms that won contracts to build modular classrooms last year, in addition to a $100 million deal done with a separate consortium five years earlier.
Advanced Building & Construction Limited (which trades as AdBuild) had about 30 projects on the go, though it was not being used to supply pref…
Read the full article at: https://www.rnz.co.nz/news/national/442171/prefab-classroom-builder-adbuild-in-voluntary-administration-but-continues-to-trade
