Category: Fisher & Paykel

The United States Consumer Reports organisation has seemingly pretty much slammed the double drawer dishwashers or, dish drawers in a recent test. They tested the Kenmore and Fisher & Paykel Dishdrawers and the results, much as we did in our review, were not that great for the money that thes…

Fisher & Paykel has announced it will construct a new DishDrawer dishwasher plant in North America in response to continued sales growth in the region. The initial startup cost of the facility is anticipated to be $15 million, but the company claims it will improve its efficiency in servicing…

Fisher & Paykel Appliances has said it is to form a strategic partnership with Turkish manufacturer, Arcelik Corporation (Beko). The deal would expand the New Zealand company’s distribution through Arcelik’s network, including Eastern Europe and the Middle East. F&P said the scope of the alliance…

Fisher and Paykel is to slash 350 jobs in Auckland by moving its washing machine and clothes dryer manufacturing to Thailand. The company announced the move on Thursday afternoon, saying it would save between $15 and $20 million a year through cheaper wages and other savings.

Fisher & Paykel says slowing demand, intense competition and higher costs have forced it to cut its profit forecast by up to 20%. The pressures on Fisher & Paykel Appliances are nothing new, as the appliance maker has already alluded to tough trading conditions in its main markets of New …

It has been widely reported in the Antipodean press today that home appliance maker Fisher & Paykel have lost 5.1 percent to NZ$3.90. The company has also warned at its annual general meeting that net profit for its 2007 year is likely to be at the lower end of its NZ$75 million to NZ$80 mill…

Fisher & Paykel Appliances Holdings Limited (“FPA”) and De’ Longhi S.p.A. (De’ Longhi) announce today that FPA has agreed to acquire Elba S.p.A (“Elba”), the European cookware business of De’ Longhi S.p.A. The purchase price for the acquisition of Elba is €78 million (approximately N…

Whiteware maker F&P Appliances saw its share price rise, after its US distribution partner Whirlpool added its name to a list of would-be buyers circling appliance maker Maytag. Whirlpool offered $US1.3 billion to buy Maytag, the maker of Hoover vacuum cleaners and Jenn-Air appliances.

Fisher & Paykel say they have clocked up another world first ““ a large capacity top-loading dryer ““ the Intuitive Dryer (model DEIX1). The new dryer was released recently to partner the company’s newly-styled Intuitive Eco top-loading washing machine. The matching Intuitive wash…

The Australian Competition and Consumer Commission (ACCC) consumer regulator announced that it has concluded its investigation into New Zealand-based appliance maker Fisher & Paykel Appliances Holdings and its involvement in the retail pricing of its products.