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PHOTO: ANDY JACKSON/STUFF Ivan Stanicich, owner of Fowler Homes Christchurch, has formed a new company to take over the Taranaki branch after the company owned by Lauchlan James MacMillan went into liquidation.

A collapsed Taranaki building firm has been reborn under a new boss after its predecessor went into liquidation owing creditors more than $1.2 million.

And Ivan Stanicich has promised to complete the eight builds that Fowler Homes Taranaki had on its books when it collapsed on November 9, less than a fortnight after its owner was arrested in a series of Labour Day drug raids.

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