Carter Holt Harvey says reports of a log supply issue is a mis-perception
Carter Holt Harvey says reports of a log supply issue is a mis-perception
29 March 2021
The Commerce Commission is now looking look into the company's decision to halt timber supply to some retailers.
Carter Holt Harvey's since released a statement.
Chief executive Prafull Kesha says the building industry is going through a boom and admits there have been some short-term industry-wide supply issues - but there is no issue relating to log supply..
He says Carter Holt Harvey is continuing to meet its contractual obligations.
He says the curtailment of supply relates to about 10 per cent of the company's structural timber volume.
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