Clients are cutting ties to Baybutt Construction Corp., the Keene, N.H.-based general contractor that has been doing business in New England since 1964. Most of the contracts are small but the apparent failure of Baybutt may signal another, more perilous year for recession-weakened construction companies, say people familiar with contracting and Baybutt's troubles.
Commissioners of the Nantucket Memorial Airport in Massachusetts voted to terminate Baybutt Dec. 11 from a $4.5-million contract to build a new general aviation building. The commissioners are working with Merchants Bonding Co., Baybutt's surety for the project, says Janine Torres, the commission's office manager.