Down Under Company Goes Under

SmartCompanyAU tells MHProNews modular home builder Trade Fusion in Griffith, New South Wales, Australia has been placed in administration, similar to receivership in the U.S. Founded in 2004 on the basis of combining a traditional construction company with a factory making roof trusses, wall panels, and glass and aluminum components, the company likely foundered because those two industries are currently suffering. The company website showed a staff of 20. The land, buildings, and intellectual property are up for sale.

(Photo credit: New Zealand Herald—modular home)

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