Simonds Group and Metricon will take on unfinished home-building contracts worth a combined $350 million from the collapsed Porter Davis Group – about half the number of customers left in the lurch when the company fell into liquidation three months ago.
ASX-listed Simonds said it had been qualified by KordaMentha to take on up to 500 Porter Davis jobs and Metricon said it would take about 300 jobs under a Victorian government process to help customers of the failed construction giant find alternative builders.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
