New Zealand's biggest listed company, Fletcher Building, is shortlisted for an American Chamber of Commerce award tonight for its Formica business in the United States and Canada.
The company is up for the investor of the year prize in the success and innovation awards which also lauds importers and exporters doing business with the United States.
A spokesman said Formica North America was turned around from June 2008 when Mark Adamson - now Fletcher's chief executive - implemented a management restructuring.
Adamson re-shaped the business, bringing costs down, increasing service levels and investing in innovation and process improvements, the spokesman said.
Net waste has more than halved since 2008 and health and safety performance has improved 75 per cent.