Fisher & Paykel In Expansion Mode
Fisher & Paykel, the New Zealand-based appliance company that was acquired by China's Haier last year, is in "expansion mode," according to a statement from Managing Director and CEO Stuart Broadhurst. This will include, in 2013, the largest single product launch in F&P's history.
Haier, Broadhurst said, is creating opportunities to accelerate the growth of the Fisher & Paykel brand. The focus of development is on technology innovation, new product development, and the F&P component and technology business.