Fisher & Paykel Healthcare Corporation Limited ( (FSPKF) ) has issued an announcement.
Fisher & Paykel Healthcare Corporation Limited has signed a construction contract for a new building on its East Tāmaki campus in Auckland, New Zealand, with Dominion Constructors Limited. This expansion, costing approximately NZ$250 million, is intended to support the company’s growth and enhance its capacity for research, development, manufacturing, and distribution. The new facility, expected to be operational by 2027, will accommodate the company’s anticipated growth over the next five years, while a separate plan for a new campus at Karaka is also underway to support long-term expansion.
More about Fisher & Paykel Healthcare Corporation Limited
Fisher & Paykel Healthcare is a leading designer, manufacturer, and marketer of products and systems for acute and chronic respiratory care, surgery, and the treatment of obstructive sleep apnea. The company’s products are sold in over 120 countries worldwide.
YTD Price Performance: -32.54%
Average Trading Volume: 369
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.1B
Learn more about FSPKF stock on TipRanks’ Stock Analysis page.
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