Three branches of the Fletcher Building group will come together when 30 staff relocate to a new business ''hub'' at the former Carisbrook site in South Dunedin.
The companies - Fletcher Reinforcing, Easysteel and Dimond - were yesterday confirmed as the tenants set to occupy a large industrial warehouse and office development planned for the former sports ground.
The three companies are offshoots of Steel Distribution, itself part of the Fletcher group, and already had a presence in Dunedin, employing 30 staff spread across two premises.
Steel Distribution general manager Hamish McBeath in a statement said the move would bring the companies' existing Dunedin staff, manufacturing and distribution efforts under one roof.
Fletcher's investment in the facility would include a multi-year lease and an additional $1 million of new equipment, he said.