Category: Fisher & Paykel

Fisher & Paykel Appliances says it cannot rule out redundancies, despite accepting government help to save jobs at its Auckland refrigerator assembly plant. Fisher & Paykel says it has negotiated with workers to move to a 35-hour working week, to prevent 60 redundancies. It also said the …

More than 300 workers will finish up at Brisbane’s Fisher and Paykel refrigerator factory on Thursday, as the company prepares to shift operations to Thailand. The Australian Manufacturing Workers Union (AMWU) says the workers aren’t highly paid and the decision is disappointing especially given …

Fisher and Paykel Appliances has become the first company to sign up to the New Zealand government’s nine-day working fortnight, after suffering a plunge in sales. The six month arrangement is expected to save 60 jobs that otherwise would have been lost.

Industry rumours suggest that Fisher & Paykel Appliances may be on the verge of asking the New Zealand government to bail them out after it reported record losses and suffered a massive drop in value last week on the New Zealand stock market. However New Zealand Shareholders’ Association chai…

Fisher & Paykel Appliances Holdings Ltd. is raising prices for all its products in New Zealand by about 5 percent as raw materials prices increase. The increase follows similar rises in Australia and the U.S., said Paul Brockett, vice-president of investor relations, according to the newspape…

Fisher & Paykel Appliances said yesterday a slump in its share price over the past year has made it more vulnerable to a takeover reports the New Zealand Times. The whiteware maker is reported to be struggling with the strong New Zealand dollar, material prices and tougher markets, said its c…

Fisher & Paykel Appliances announced plans last week to consolidate its three manufacturing operations in California, Australia and New Zealand into the Reynosa factory, which includes two buildings with more than 350,000 square feet combined. The company should retain much of the workforce. …

New Zealand upmarket whitegoods manufacturer, Fisher & Paykel Appliances, shares jumped almost 12 per cent on Thursday after the company announced plans to lose 1070 workers and shift production to Italy, Thailand and Mexico. In addition to closing its Brisbane plant which gave it the biggest…

Fisher & Paykel have unveiled what they say is a world first, a fridge freezer that follows the design of their DishDrawer dishwasher, called the CoolDrawer. Fisher & Paykel chief executive John Bongard said the key to the CoolDrawer was its flexibility. Like the DishDrawer, the new 900mm…

Rueters have reported today that Fisher & Paykel (F&P) may be rip for a takeover bid. Hmm, wonder who’d be interested in that, eh Mr Whirlpool? It doesn’t take too much industry knowledge, nudges or winks to realise that Whirlpool would probably be first in the queue as they already have …