A booming construction industry has not been enough to stop a Hawke’s Bay building company from going under – leaving dozens of homes unbuilt.
About 100 subcontracting companies have also been left out of pocket.
Just a month after building company owner Rob Fargher told Hawke’s Bay Today that he was “rushed off his feet”, PwC confirmed that Fargher Construction Limited, which operates the A1 Homes franchise in Hawke’s Bay, Gisborne and Taupo had been placed into liquidation.
John Fisk and Marcus McMillan, of PwC, were appointed liquidators on Friday.
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Fisk said the size of the company’s debts was unclear.
“The company’s shareholders made the decision to put the company into liquidation due to ongoing cas…
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