Ministry of Education and James Hardie settle claim
Media release
23 December 2013
Ministry of Education and James Hardie settle claim
The Ministry of Education
and James Hardie Industries plc have reached settlement in
relation to weather-tightness claims made against James
Hardie’s two New Zealand subsidiaries in April this year.
Both parties are satisfied with the outcome, which will:
• Support the Ministry of Education’s
remediation of weather-tightness-related issues in existing
school property
• Support future, high quality school
property developments around New Zealand
• Bring a
discontinuation of the claims by the Ministry of Education
against James Hardie’s New Zealand subsidiaries.
The parties have agreed to keep specific details of the agreement confidential.
ENDS