FLE122 Annual Report 2018

Our Year in Review Strategy

Our Leadership

Divisions

Business Sustainability

Financials and Governance

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Innovation

Our People

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Contribution to NZ Economy

NEWWALLBOARDS FACTORY TO ENSURE SUPPLY Winstone Wallboards, New Zealand’s only manufacturer of plasterboard, has begun preparatory work towards building a new, larger, more efficient wallboard factory and distribution centre in Auckland. The new facility will employ the latest technology in a bid to meet supply and demand for the next 50 years. It is anticipated the new facility will be completed in calendar 2022. The new larger operation is a significant capital investment to meet future capacity requirements, enable new products to be manufactured and will also reduce double-handling by bringing manufacturing and the four distribution sites together in one location. It will also provide room for growth, which is not possible at the current location.

New efficient factory and distribution centre – Auckland

New Zealand’s only manufacturer of plasterboard

CONTINUOUS IMPROVEMENT AND EXCELLENCE INITIATIVES Our business is about our customers and clients – it’s as simple as that. We strive to be customer leading and better every day, seizing opportunities to improve what we do, what we make and how we deliver it. • Winstone Wallboards is expanding its deliver-to-site service, which is a GIB® handling service where experts unload and carry the right products to the right rooms of new builds, enabling faster installation. It is currently offered in Auckland, Hamilton, Tauranga and Christchurch and will be expanded into new regions this year. • Tasman Insulation has introduced an online workflow system that effectively links merchant, installer and customer service for the PinkFit® network, our national network of insulation installers. • Dimond Roofing has developed a 3D online roof design tool that showcases different roof profiles and colour schemes on a home. • Brian Perry Civil is using advanced modelling and instrumentation technologies to develop a crane platform that will be safer and cheaper to construct than using current techniques. • Laminex New Zealand and Winstone Wallboards have teamed up with Fletcher Living to develop and test a wooden light-weight flooring system for the medium density housing market with superior acoustic and fire ratings. • Snappy is a new brand which Distribution has established as part of a multi-brand strategy in market, utilising a lean start-up approach to launch a digital-first brand and general merchant in the hardware sector.

New centre expected to be completed 2022

Winstone Wallboard’s GIB® Trade Finish Lite compound is measured into containers for distribution

51 Fletcher Building Limited Annual Report 2018

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