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Sunshine Coast-based builder Dynasty Property Developments Pty Ltd, also known as Shed Beast, appointed liquidator David Stimpson from SV Partners on May 7.
Allroads, a Brisbane-based road construction company and a subsidiary, now owes creditors more than $80million.
Australia's construction industry is in chaos after tradies walk off job sites due to unpaid bills and another firm with unfinished projects in four states crashes.
A Gold Coast building firm has gone under, leaving over 500 apartment owners in limbo.
An entrepreneur from Adrian wants to put a steel tubing business at the Tecumseh Products site by the end of the year.