Construction firm enters liquidation
Prominent Albany construction business Tectonic Construction Group entered liquidation last week with immediate effect.
At a company general meeting on August 22, it was agreed the business, which started in 1987, would be wound up.
The decision came only months after the business finished the Albany Tourism and Information Hub earlier this year, after comfortably beating four other companies to the tender.
Tectonics also recently completed the restoration works of the former Albany Masonic Hall and Albany Co-operative Society Building.
Tectonics’ website said the company had operated for more than 30 years in the region “building homes and commercial buildings”.
Member for Albany Peter Watson said losing Tectonic was disappointing.
“Business is hard at the moment for builders and contractors,” he said.
“It is a concern but I think things are starting to pick up a bit, but it’s going to take a little while.
“We’ve got to find some new projects to start going down in Albany to get more work.
“It is disappointing but it’s part of a cycle — let’s hope it’s coming to the end.”
The Advertiser revealed the Tourism and Information Hub construction cost had blown out by more than $350,000 over its original $2.6 million, with the City citing issues arising during construction, including an old sewer and foundations uncovered during works.
Tectonics Construction Group director Andrew Holmes did not respond to numerous calls for comment.
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