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Major Brisbane projects canned as National Projects (HQ) Pty Ltd in voluntary administration

More than 100 workers have lost their jobs after major, nationwide builder NPM Group collapsed on Monday, shutting down construction sites across Australia.

National Projects has collapsed.
National Projects has collapsed.

A prominent national builder behind several major projects in Brisbane has laid off more than 100 full time employees after collapsing.

National Projects (HQ) Pty Ltd construction sites across Brisbane have been shut down after site supervisors received emails on Monday afternoon alerting them NPM Group, which stands for National Projects and Maintenance, had entered voluntary administration.

Graeme Beattie, Christopher Darin and Aaron Lucan of Worrells have been appointed as administrators.

The Queensland office of National Projects, which is part of the now collapsed NPM Group.
The Queensland office of National Projects, which is part of the now collapsed NPM Group.

The NPM Group stopped operations on Monday with more than 100 full time employees terminated before the administrators were appointed.

Mr Beattie said they were working hard to establish the financial position of the company.

“The administration process is in its infancy and we are working hard to immediately establish the group’s financial position, including identifying assets available for realisation and quantifying creditors’ claims with the assistance of the director and the senior staff of the NPM Group,” he said.

“We are conscious of the impact the appointment will have on everyone involved.”

NPM director Daniel Alfonso said “ongoing market pressures” made the continued operation “untenable.”

“Due to skilled labour shortages, inflationary pressures, interest rate rises and a commercial sector that continues to suffer from flow on effects of COVID-19 pandemic,” he said.

National Projects and Maintenance is responsible for projects across Brisbane, New South Wales, Victoria, Western Australia, Australian Capital Territory and South Australia.

Some of those projects across Brisbane have included St Catherine’s Primary School Ola Project, The Gap State High School canteen refurbishment, Ashmore State School SEU refurbishment, and MacGregor State School admin Refurbishment.

On its website it states the company with 192 employees and has completed 45,000 projects.

The company has also worked across several commercial, government, industrial and retail projects across Australia.

The full list of companies that comprises the NPM Group include:

  • National Projects and Maintenance Pty Ltd;
  • NPM Group Holdings Pty Ltd;
  • NPM Projects (NSW) Pty Ltd;
  • National Projects (HQ) Pty Ltd;
  • NPM (VIC) Pty Ltd;
  • National Projects QLD Pty Ltd;
  • National Projects (ACT) Pty Ltd;
  • National Project (WA) Pty Ltd;
  • NPM Home Pty Ltd; and
  • CREO Design Group Pty Ltd.
Read related topics:Company Collapses

Original URL: https://www.couriermail.com.au/business/qld-business/major-brisbane-projects-canned-as-national-projects-hq-pty-ltd-collapses/news-story/94c6ba6e23e1153c38397212e8b0a330