Fisher & Paykel - fuc-ing shocking

[Finn]

a buy new zealand made whiteware , yup not fisher an paykel not no more , anything for a higher buck to their stock holder's, fucking so cheap labour ,and even the thai's giving the prick's support money to transfer oversea's fucking shocking they reckon by laying off 430 worker's they'll saving 40 million a year yea right

And this is F&P fault? Wake up man.

I was going to try and explain commerce 101 yet again but no doubt it will fall of dumb ears.

Stop thinking like a kiwi. It makes you look stupid.

[MisterD]

F & P Healthcare stuff (medical and surgical equipment) has been made offshore for years and is a world leader in its niche markets.

So those big buildings down on Highbrook with the "F&P Healthcare" signs out the front would be what?

[Swoop]

Made-in-China.com lists 1999 chinese refrigerator manufacturers. Now, it's 2000.

I'd be quite certain that at least one , probably hundreds of the other 1999 can undercut F&P. And someone will organise importing them.

The cost will be being associated with a country that dosen't have the best track record with environmental pollution/damage and other "collateral" areas.
The customer may take this into consideration when purchasing.

WHY would you want to be be an employer in NZ, let alone try to make stuff to export.

I think you need to talk to Finn's accountant...

[Coldrider]

So those big buildings down on Highbrook with the "F&P Healthcare" signs out the front would be what?

A food and clothes bank and distribution centre locals.
Seriously though the Governmenmt has been trying to get manufacturing into more high tech high profit stuff than wool, crops & meat, and kiwis still get smashed.
As the chinese labour standard of living increases they will demand higher wages, and so the cycle will go on inflationary pressures in china. etc.
It would appear that kiwis would have to design and instigate technology and leave the manufacturing to cheaper labour countries, but how many kiwis are at that level.
Incidentially from May there is 15% tax credits for R & D for NZ companies.

[Brett]

As teh economic environment changes, businesses need to adapt. We live in a global economy. Free trade deal will see more of this occuring. We can't compete as manufacturers.

F&P are not that great. I just kitted my kitchen out with wicked Smeg stuff for not too much more.

[jim.cox]

I just kitted my kitchen out with wicked Smeg stuff

How could you buy stuff with a brandname like that?

Dont you watch "Red Dwarf"?

[ManDownUnder]

And this is F&P fault? Wake up man.

I was going to try and explain commerce 101 yet again but no doubt it will fall of dumb ears.

Stop thinking like a kiwi. It makes you look stupid.

What he said!

[Skyryder]

Come ANZAC Day and watch all the 'Lest We Forget' posts.

Fisher and Paykel and their apologists have already forgotton.


Skyryder

[Littleman]

Shhhh... Finn. Don't education the ignorant. The smart money is on F & P shares. Let the communist liberals wallow in their financial and intellectual poverty.

[Marmoot]

I was just waiting for any "because of the Free Trade Agreement" argument so I can flame it, but it seems the people here are much smarter than common NZ Herald readers already...

As a developed nation, NZers are expected to deal with much higher money, both in living expenses and also in wages/salary. The only industry that can accommodate these types of people are high tech industries, high-priced service industries, and niche industries. Common manufacturing industries are like water that dwells on the ground level and always shift to the lowest spot (i.e., lowest living cost, lowest cost, lowest level of countries).

Unless we want to get back to being a 3rd world country, we should look ahead and forget manufacturing. Focus on our high tech industries (IT), high-priced service industries (financials), and niche industries (boat building and dairy products) which cannot be replicated anywhere else.

Wake up and smell the future. Crying over spilt milk does not bring you new one, but getting off your butts and buy a bottle does!

[avgas]

Big bloody wow.
NZ companies not looking after NZ workers.
Here are the facts:
- F&P have been fighting not to more production offshore for 10 years, 5 years ago they announced that they would close plants down if efficiency was not increased or if the gubbermint stepped in to help them out. 2 years ago they announced that whiteware either had to move production or sell off (Westinghouse cued up). If they sold off everyone lost their jobs, move only half the people got fired. The moved to South America, not china.
- Importing has become more cost effective over the last 20 years, yet working in NZ has become more expensive (anyone notice the tax increase last pay check? it happened) - Kiwisaver has also contributed to this.
- Job security in NZ is like weather. 4 weeks and the whole shebang changes.
- How many ex-Navman people are here?

You owe NZ nothing and it owes you nothing. The government will sell your soul and tax your body given half the chance. Its the big bad world.

I feel true sorrow for those Mosgiel workers, as i do for the F&P management. But surprised i am not.

[Morcs]

We did most of F&Ps injection moulded product.

Now we have to try and recover $2m worth of annual business.

Cnuts.

[tri boy]

July last year I posted NZ was in for a bumpy ride.
It hasn't even touched any serious turbulence yet.
My other comment was to reduce debt, and get ready for 3yrs of tough times.
Anybody want to argue against this?
The dollar will eventually drop to historic/sensible levels, but only after the rough patch.
Best people learn how to plant a vegetable garden again.

[SixPackBack]

We did most of F&Ps injection moulded product.

Now we have to try and recover $2m worth of annual business.

Cnuts.

Injection moulding/toolmaking will also be hit hard with the trade agreement. Get out while you can!

[MisterD]

We did most of F&Ps injection moulded product.

Now we have to try and recover $2m worth of annual business.

Ludowici then?