Tuesday 14th October 2025 |
Text too small? |
[14 October 2025] – Scott Technology Limited (NZX: SCT ), the global automation and robotics company, has secured NZ$44 million in new contracts with leading multinational appliance manufacturers across the USA and Brazil. The wins include the largest-ever appliance contract in Scott’s history within the USA, signalling the company’s strategic growth in key global markets. Secured in the first month of the new financial year, these contracts provide a strong start to FY26 and build early momentum for the company’s newly launched strategy Destination 2030.
“These contracts reflect a large-scale shift in how global manufacturers are competing,” said Mike Christman, CEO of Scott Technology. “Manufacture reshoring, evolving supply chains, and ongoing labour scarcity are driving the industry to reimagine production. Automation is at the heart of this transformation, and Scott is uniquely positioned to deliver the scale, reliability, and innovation our customers need to succeed long-term.”
Across these projects, Scott will deliver large-scale automation systems for precision manufacture of household laundry appliances. Combining high-speed production with advanced diagnostics and servo-electric clinching technology, the systems provide exceptional efficiency, quality, and reliability supporting customers’ confidence in long-term manufacturing.
The contracts follow the announcement of Scott Technology’s Destination 2030 strategy, presented at the company’s inaugural Investor Day in Auckland last month. The strategy sets out Scott’s five-year direction toward sustainable, profitable growth, targeting revenues of $530 million by 2030, underpinned by four enablers: Customer First, Leading-Edge Technology, One Scott, and High-Performing Teams.
“These contracts show that our strategy is already delivering results,” Mike Christman added. “They reinforce the strength of our Appliances domain, particularly in the USA where we are developing a strong pipeline of opportunities. By bringing together the focus of Destination 2030 with the expertise of our high-performing teams, we are delivering innovation, customer focus, and execution that create speed to market, production quality, and long-term value for our customers worldwide.”
*Due to commercial sensitivity, company names and the value of individual contracts have been omitted.
ENDS
No comments yet
October 14th Morning Report
Can reporting what a witness says ever be an attempt to “harass and attack”?
Rakon director appointment
October 13th Morning Report
BPG - Quarterly Report Investor Webinar
RYM - Second quarter trading update
October 9th Morning Report
Infratil Newsletter - September 2025
Devon Funds Morning Note - 7 October 2025
RAK India facility production ramp-up of AI & Telco product