Fletcher Building has confirmed its state-of-the-art new plasterboard facility Winstone Wallboards will be relocating from Auckland to Tauranga.
The new plant is a $400 million investment that will be based at the Tauriko industrial park.
Winstone Wallboards is New Zealand's only local manufacturer of plasterboard.
Fletcher Building chief executive Ross Taylor said the company was firmly committed to local manufacturing and delivering the highest quality product for New Zealand homes.
"This larger, more efficient facility will help to futureproof plasterboard manufacturing in New Zealand.