One would think prefabricated home-building companies would
be inundated with orders and have a bulging bottom line. That's why the
collapse of Matrix Homes, one of New Zealand's largest modular home builders,
has raised eyebrows.
The company's factory in Lower Hutt was opened in February
2015 by the then Finance Minister Bill English. At the time Matrix said
it would be different from other companies because, "we're turning
fully finished houses with code compliance certificates".
