|
Thursday 6th March 2025 |
Text too small? |
Fisher & Paykel Healthcare enters into construction contract for fifth building in New Zealand
Auckland, New Zealand, 6 March 2025 – Fisher & Paykel Healthcare Corporation Limited announced today that it has signed a building construction contract with Dominion Constructors Limited for the fifth building on its East Tāmaki campus in Auckland.
"We are excited to add this new building to complete our East Tāmaki campus," said Andy Niccol, Chief Operating Officer. “This project is a purposeful investment in infrastructure to ensure we have the necessary capacity and resources in New Zealand to progress our pipeline of innovative products and therapies.”
With a total gross floor area of about 28,000m2, the new building will showcase a cohesive blend of spaces for research and development, manufacturing and distribution. The building’s design will reflect the company’s culture of collaboration, with an open-plan work environment. The estimated total cost of the new building is expected to be approximately NZ$250 million.
The 42-hectare East Tāmaki site currently has over 3,900 employees, and the new building will accommodate the company’s expected growth in Auckland over the next five years. Earthworks have been largely completed and construction will start later this month, with the facility expected to be operational in 2027.
The company also recently submitted a private plan change application for its additional New Zealand campus at Karaka, Auckland, to accommodate growth over the longer term.
About Fisher & Paykel Healthcare
Fisher & Paykel Healthcare is a leading designer, manufacturer and marketer of products and systems for use in acute and chronic respiratory care, surgery and the treatment of obstructive sleep apnea. The company’s products are sold in over 120 countries worldwide. For more information about the company, visit our website www.fphcare.com.
No comments yet
May 20th Morning Report
May 19th Morning Report
PYS - PaySauce to announce F26 full year results on 27 May 2026
PEB - Draft LCD Proposes Medicare Coverage for Triage and Triage
MEL - Meridian Energy monthly operating report for April 2026
FBU - Sale of South Australian property
AIR - Air New Zealand market update
May 14th Morning Report
PEB - Pacific Edge Placement Increased to NZ$25.4 Million
Radius Care Reports Earnings Growth and 50% Higher Dividend