Award-winning, 50-year-old Canberra construction and management company Project Coordination is in voluntary administration.
On Tuesday morning staff were dismissed from its Canberra and Wollongong offices.
A quarter of our staff have been with us for 15 years or more, with many over 20 years, say chairman Paul Murphy and managing director Gavin Murphy in a directors statement on the Project Coordination website.
We recognise this single decision affects many, including our subcontractors and suppliers, many of whom have been faithfully working alongside us for decades.
Despite seeing other construction companies collapse around us over the past year,…
Read the full article at: https://citynews.com.au/2024/building-company-crashes-never-thought-wed-be-one-of-them/