Thread Number: 42434
Haier is Bidding for Fisher and Paykel |
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Post# 624285   9/11/2012 at 19:41 (4,242 days old) by 300C (Jonesboro, GA)   |   | |
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I noticed today an article in the Wall Street Journal that Haier has put in a bid for Fisher and Paykel. They already own 20% of the company. They're going for control. Is this good or bad? CLICK HERE TO GO TO 300C's LINK |
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Post# 624290 , Reply# 1   9/11/2012 at 20:21 (4,242 days old) by appnut (TX)   |   | |
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Post# 624333 , Reply# 2   9/12/2012 at 00:48 (4,242 days old) by gansky1 (Omaha, The Home of the TV Dinner!)   |   | |
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Its official, Haier buys it all. Control of manufacturing plants, including facilities in Clyde, Ohio.
Hmmmm. CLICK HERE TO GO TO gansky1's LINK |
Post# 624336 , Reply# 3   9/12/2012 at 01:28 (4,242 days old) by arbilab (Ft Worth TX (Ridglea))   |   | |
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Post# 624348 , Reply# 5   9/12/2012 at 03:51 (4,242 days old) by Frigilux (The Minnesota Prairie)   |   | |
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Post# 624349 , Reply# 6   9/12/2012 at 04:02 (4,242 days old) by Ultramatic (New York City)   |   | |
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Post# 624357 , Reply# 7   9/12/2012 at 05:48 (4,242 days old) by appnut (TX)   |   | |
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Post# 624362 , Reply# 8   9/12/2012 at 06:24 (4,242 days old) by tolivac (greenville nc)   |   | |
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Poor F&P-we knew them well! |
Post# 624363 , Reply# 9   9/12/2012 at 06:37 (4,242 days old) by mrb627 (Buford, GA)   |   | |
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Post# 624398 , Reply# 11   9/12/2012 at 09:43 (4,241 days old) by whirlykenmore78 (Prior Lake MN (GMT-0500 CDT.))   |   | |
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Post# 624485 , Reply# 13   9/12/2012 at 15:08 (4,241 days old) by gansky1 (Omaha, The Home of the TV Dinner!)   |   | |
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Post# 624499 , Reply# 14   9/12/2012 at 16:20 (4,241 days old) by ozzie908 (Lincoln UK)   |   | |
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Post# 624558 , Reply# 15   9/12/2012 at 21:51 (4,241 days old) by combo52 (50 Year Repair Tech Beltsville,Md)   |   | |
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I have a little different take on this,
1st F&P would have never survived on their own for much longer, while I am only familiar with the DDs, Refrigerators and TL washers that they have tried to sell here for the last 10+ years, it was obvious that they did not have quality products that would threaten to even make a dent in the north American market. The many customers that I have encountered with F&P appliances that had had them for any length of time were usually fed up with breakdowns and poor service available.
Yes F&P does have some very innovative products, but I dough they would ever been able to make the leap to be able to survive, I would compare them to the now defunct Saab Automobile Manufacturer.
As many of you know Haier was the other major bidder for MT when WP won out in the bidding process, and at first being a big WP fan I said Yay. But I soon realized that this merger has not been good for WP and certainly not for MT. WP has closed at least 10 of MTs former plants keeping only about two. If Haier had bought MT they would cretainly kept more plants open and they might have even been still building DC MT washers. We would have had more Americans working and consumers would have more choices of new appliances today. MTs going out of business is just one more example of corporate greed and mismanagement and is also another sad legacy to the Bush administration as the current administration would probably never allow a merger like this that only ends up hurting consumers.
It will be interesting to see what Haier does with the F&P technology, but overall I think it will be positive for the future of major appliances not only in this country but worldwide. |
Post# 624588 , Reply# 17   9/13/2012 at 00:55 (4,241 days old) by arbilab (Ft Worth TX (Ridglea))   |   | |
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Editorial:
Unless strenously supervised, Chinese industry uses the 'weapons' model. They look good in parades, and if you build 10,000-100,000 of them only 1 in 10 has to work to be considered a threat. Further, unlike Japanese industrialists, Chinese appear to have no concept of reputation or ethics whatsoever. All Apple products are made in China, but Apple has to literally stand on Foxconn's neck to get what you'd call 'quality' out of them. Left to their own devices, China makes only junk, if not poison (dogfood, toothpaste). Sorry if that sounds harsh, but that's how I see it. |
Post# 625189 , Reply# 19   9/15/2012 at 14:23 (4,238 days old) by dave886 (united kingdom)   |   | |
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NOOOOO! i've just brought a fisher & paykel range cooker, haier is a piece of crap |