holdings limited type subsidiary industry major appliance founded 1934 founder maurice paykel sir woolf fisher headquarters east tamaki auckland new zealand area served new zealand australia united states italy lebanon hong kong key people stuart broadhurst managing director and ceo keith turner chairman products major appliances revenue nz 1.412 billion 2007 1 operating income nz 93.818 million 2007 1 profit nz 61.180 million 2007 1 number of employees 3300 2 parent haier website www.fisherpaykel.com a fisher & paykel store in hong kong fisher & paykel in david jones market street sydney fisher & paykel f r. nd . pa k l is a major appliance manufacturing company based in east tamaki new zealand . originally an importer of domestic refrigerators 3 fisher & paykel now holds over 420 patents 4 and bases its identity on innovative design particularly in the areas of usability and environmental awareness . 5 the company s trademarked appliances include active smart refrigerators aerotech ovens dishdrawer dishwashers smart drive washing machines and smartload top loading dryers . the company also manufactures gas and electric cooktops . 6 in 2004 fisher & paykel appliances purchased the united states based cookware manufacturer dynamic cooking systems and italian cookware company elba in 2006 . fisher & paykel products are available in more than 80 countries worldwide . 3 the company had manufacturing plants at auckland in new zealand ; cleveland in australia ; huntington beach united states ; treviso italy ; rayong thailand ; and reynosa mexico but announced the closure of four manufacturing facilities in dunedin new zealand cleveland australia huntington beach and clyde ohio usa on 17 april 2008 . 7 dead link in 2012 haier a major chinese white goods manufacturer purchased over 90 % of fisher & paykel appliance shares . 8 contents 1 history 1.1 fisher & paykel industries 1.2 fisher & paykel appliances 2 current products 3 references 4 external links history edit fisher & paykel appliances ltd was listed publicly in 2001 following the separation of fisher & paykel industries ltd into fisher & paykel healthcare ltd and fisher & paykel appliances ltd that same year . 3 fisher & paykel industries edit fisher & paykel industries ltd was founded in 1934 by sir woolf fisher and maurice paykel . 3 the company publicly listed in 1979 with authorised capital of nz 40 million . initially the company was an importer of crosley appliances maytag and pilot products ; in 1938 the company began manufacturing kelvinator washing machines under license . this followed the introduction of tariffs by the first labour government of new zealand . 9 in 1956 manufacturing was moved to a purpose built factory in mount wellington auckland . this facility included flexible machinery manufacturing techniques developed in tandem with the raw material suppliers enabling fisher & paykel industries to greatly increase production . in 1955 fisher and paykel acquired dunedin electric oven manufacturer h. e. shacklock ltd which dominated the new zealand domestic appliance market through the era of government protectionism . subsequently the shacklock brand was gradually withdrawn from the fisher and paykel product range . the company began exporting within australasia and east asia around 1968 . at this time the company also manufactured cabinets sparkplugs and televisions . during the 1980s the company became more focussed on research and development 3 resulting in the development of the ecs direct drive mechanism washing machine and highly automated production lines . 9 in 1989 the company opened its first overseas manufacturing facility in cleveland australia . the company entered the european market in 1992 and by 1994 was exporting to over 80 countries . 3 fisher & paykel appliances edit on 12 november 2001 fisher & paykel industries split into fisher & paykel appliances holdings ltd and fisher & paykel healthcare corporation ltd. 3 in october 2004 fisher & paykel appliances acquired dynamic cooking systems inc a united states manufacturer and distributor of cooking appliances . dynamic cooking systems was acquired for us 33 million nz 49.3 million in a debt free state allowing the company to leverage market presence while maintaining its quality of engineering . in june 2006 the italian cookware business elba was acquired by delonghi for 78 million nz 158 million . 10 elba has been since renamed as fisher & paykel appliances italy s.p.a. 1 and exports to over 54 countries focusing on the uk market . fisher paykel s flagship dishwashers get mixed reviews for reliability but seem to have more problems than average as commented in trade reviews 11 and consumer reviews . 12 the poor reliability record of dishwashers is confirmed in a 2010 appliance reliability survey by consumer new zealand of nearly 19 000 customers . other fisher & paykel products fare better . 13 current products edit dishdrawer dishwasher fisher & paykel appliances currently manufactures cooking laundry and whiteware appliances . the company s flagship product is the dishdrawer double drawer dishwasher which is claimed to wash dishes more efficiently than standard dishwashers or hand washing . the current fisher & paykel branded product range includes built in ovens electric cooktops dishwashers dryers freezers ranges rangehoods refrigerators and washing machines . a large number of fisher & paykel products utilise microprocessor and brushless dc electric motor technology from production line equipment to improve efficiency . 14 the company s trademarked brushless motor based performance features include smart drive washing machines smartload dryers and dishdrawer dishwashers . microprocessor based control systems form the basis of active smart refrigerators and aerotech ovens . references edit a b c d annual report 2006 07 . fisher and paykel holdings limited . fisher & paykel appliances parent company . a b c d e f g business history project timeline . the university of auckland . global f & p appliances patents . delphion . fisher and paykel . better by design nz . new zealand consumer site . fisher & paykel appliances . new zealand sharemarket announcement . nzx.com . haier obtains more than 90 % of fisher & paykel shares . wsj.com . a b business history project profile . the university of auckland . fisher & paykel launches italian made cooking appliances . current.com.au . 23 april 2007 . fisher & paykel dishdrawer . ukwhitegoods.co.uk . 29 june 2005 . fisher and paykel dd 603 double drawer reviews . reviewcentre.com . 2005 2010 . f & p lags behind in appliances surveys . tvnz . 10 may 2010 . our products . fisher & paykel appliances . external links edit fisher & paykel us fisher & paykel ca fisher & paykel nz fisher & paykel au dynamic cooking systems v t e nzx 50 companies of new zealand as of september 19 2016 a2 milk company air new zealand anz argosy property auckland international airport chorus coats contact energy ebos fisher & paykel healthcare fletcher building fonterra shareholders fund freightways genesis energy goodman property trust heartland bank infratil kathmandu kiwi property mainfreight mercury energy meridian energy metlifecare metro performance glass nuplex nzx new zealand refining orion health group port of tauranga precinct properties property for industry restaurant brands ryman healthcare scales skycity entertainment sky network television spark stride property summerset tower trade me trustpower vector vista vital healthcare property trust the warehouse westpac xero z energy former nzx 50 companies partial list affco amp apn news & media cavalier diligent corporation fisher & paykel appliances goodman fielder lion nathan michael hill oceanagold pacific edge pgg wrightson pike river coal pumpkin patch rakon skellerup steel & tube telstra tourism holdings retrieved from https en.wikipedia.org w index.php title fisher % 26 paykel & oldid 729909245 categories 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