Tax and advisory firm Grant Thornton has been appointed as the voluntary administrator of cladding supplier Fairview Architectural.
Fairview Architectural specialises in the design, manufacture and supply of cladding and composite panel products to the construction sector. Based in Lithgow, Fairview Architectural employs 52 people in Australia. Fairview Architectural shares a licence agreement with brands in the UK and NZ to supply some products, however all companies are independently owned.
The company has been placed into voluntary administration by its director as the business was unlikely to remain solvent in the future due to a series of company and industry challenges. This includes incurring approximately $1.5 million in costs d…
Read the full article at: https://www.architectureanddesign.com.au/news/fairview-architectural-goes-into-voluntary-admin