F&P Appliances to add 100 research jobs

Last updated 09:22 28/02/2013

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Fisher & Paykel Appliances is adding 100 new research jobs as its new owner looks to ramp up innovation and product development.

The whiteware company was taken over late last year by Chinese firm Haier in a deal valuing the New Zealand company at $927 million.

F&P Appliances CEO Stuart Broadhurst said: "While we remain a standalone company with a strong, localised management team, our new owners are providing the opportunity for us to deliver our business development plan far faster than we were previously planning."

The new jobs, in Auckland and Dunedin, will be added over the next two years, and follow outsourcing to Thailand last year that saw 29 New Zeland workers made redundant.

"This expansion of specialist skills will entrench our company's expertise, enabling us to continue to deliver the world-leading innovation we are known for, with continued emphasis on quality," Broadhurst said.

"Our unique expertise and premium product positioning is what Haier is investing in, and the Group wants that to remain New Zealand-led.

"This means we will be expanding the Fisher & Paykel brand both locally and globally, giving people greater visibility of our product ranges, the technology behind them, and how they can make our lives easier."

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- BusinessDay.co.nz


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