Full-Time
Mechanical Fitter
Maintenance
Fletcher Building
5,001-10,000 employees
Manufactures building products and develops housing
No salary listed
Sydney NSW, Australia
In Person
 General Maintenance & Repair (1) |
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- A qualified Mechanical Fitter or someone with a similar mechanical trade background.
- Confidence working through equipment faults and finding practical solutions.
- Commitment to safe work practices and thoughtful risk management.
- A clear and approachable communicator who connects well with people at all levels.
- Ability to listen to operators and value their hands-on experience.
- Exposure to high-net-value machinery and understanding of how to protect the investment.
- Curiosity, adaptability, and interest in learning more about manufacturing equipment.
- Ability to keep maintenance information and records up to date.
- Keep manufacturing equipment operating safely and efficiently through preventative maintenance, fault-finding, repairs, and continuous improvement.
- Conduct routine inspections and respond to breakdowns.
- Maintain maintenance records.
- Participate in team problem-solving.
- Work closely with operators to identify equipment issues and improve reliability.
- Experience with maintenance systems, permits, isolation procedures, or high-risk licenses.
Fletcher Building makes and distributes building products in Australia, New Zealand, and the South Pacific, and also develops housing and delivers infrastructure projects in New Zealand. It operates six divisions—Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia—spanning manufacturing, distribution, and construction. Its products include insulation and cement, and it runs retail channels that supply tradespeople. Its goal is to support communities by providing reliable building materials, delivering housing and major projects, and maintaining efficiency, safety, and environmental performance.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Auckland, New Zealand
Founded
1909
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Simplify's Take
What believers are saying
- FY26 net earnings reached $228 million, reversing FY25's $419 million loss.
- Operating cash flow hit $715 million, funding deleveraging and portfolio simplification.
- Allan Gray lifted its stake near 20%, showing institutional conviction after the turnaround.
What critics are saying
- SkyCity's June 2025 NZICC lawsuit still hangs over Fletcher's legacy liabilities and insurance recoveries.
- Fletcher still expects $55 million-$65 million of construction-related provisions, excluding NZICC exposure.
- New Zealand and Australia construction demand remains weak, delaying any broad volume recovery until 2027.
What makes Fletcher Building unique
- Fletcher Building now focuses on manufacturing and distribution after selling Construction to VINCI in May 2026.
- Its FY26 balance sheet improved, with net debt falling to $637 million from $999 million.
- Scale across New Zealand building products gives it entrenched customer reach and procurement leverage.
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Benefits
Parental Leave
Flexible Work Hours
Gym Membership
Employee Discounts
Tuition Reimbursement
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↑ 0%Allan Gray has increased its stake in Fletcher Building to nearly 20%, signalling confidence despite significant industry challenges. The investment firm, known for its long-term approach, accumulated shares whilst the stock dropped over 20% from $2.96 to $2.36 between early March and April. Fletcher Building reported a $129 million annual loss whilst maintaining a 5.1% EBIT margin. Management cancelled the interim dividend to prioritise balance sheet strength and sold its Construction division as part of a portfolio simplification strategy. New Zealand and Australia's construction sector faces sustained weak demand, with meaningful recovery not expected until 2027. Fletcher CEO Andrew Reding has emphasised cost control and disciplined capital allocation. Notably, company executives have not purchased shares themselves, contrasting with Allan Gray's aggressive accumulation during the sector downturn.
Fletcher Building has agreed to sell its construction division to French infrastructure group Vinci Construction for $315.6 million, with the final price potentially reaching $334.1 million depending on contract outcomes. The sale includes Higgins, Brian Perry Civil and Major Projects units. An additional $18.5 million in payments could be made based on several key contracts currently under negotiation. Fletcher Building expects to take provisions of $55 million to $65 million for legacy construction claims that remain with the group, excluding potential NZICC litigation. Chief executive Andrew Reding said the sale reflects the company's strategy to refocus on core manufacturing and distribution operations. The deal is subject to various conditions and adjustments.
Fletcher Building has prepaid all outstanding US Private Placement notes and secured new debt facilities to simplify its funding structure. The company terminated associated cross-currency swaps on 10 November, incurring $7.2 million in cash costs. The New Zealand-based building materials company established a new two-year $200 million club facility in September and extended its $325 million Syndicated Facility Agreement Tranche C by four years. The moves defer major debt maturity until FY28. Dividend restrictions remain in place until the company meets standard covenant requirements. CEO Andrew Reding said the changes provide greater flexibility and lower ongoing capital costs whilst supporting the company's strategic reset. Fletcher Building shares have risen 18% over the past 12 months, outperforming the S&P/ASX 200 Index's 2% gain.