Fletcher Plans GIB Price Hike
November 5, 2022
Fletcher Building plans to hike the price of Gib plasterboard by 15.4%.
The company’s Winstone Wallboards unit told customers last week that all Gib plasterboards, including Barrierline, Weatherline, compounds and plasters will increase by 15.4% from February 4 next year.
Fletcher has been under fire for not being able to keep up with demand for Gib during a pandemic building boom, sparking vitriol against its market dominance and prompting Building and Construction Minister Megan Woods to set up a ministerial taskforce to help increase the uptake of alternative products.