Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Future of NZ manufacturing plant considered

TUESDAY, 2 MAY 2006

Future of NZ manufacturing plant considered


PDL Electronics Ltd, a subsidiary of Schneider Toshiba Inverter (STI), a
French-based joint-venture, is consulting with its employees over the future
of the company¹s Napier-based manufacturing plant.

The existing PDL Electronics variable-speed drives are reaching the end of
their viable product life and are due to be phased out by the end of the
year.

STI recently launched the ATV71/61 product ranges, which has superior
features and fully substitutes the variable speed drives being made by PDL
Electronics. The company also continues to face higher logistical costs to
ship their product to its main global markets in North America, Asia, and
Europe.

STI is a worldwide leader in AC variable speed drives and soft starters with
a number of subsidiaries around the world. Its PDL Electronics plant in
Napier designs, manufactures and markets variable-speed drives. PDL
Electronics currently has 92 employees.

In a statement today, President of PDL Electronics Ltd Jacky Pillais said
³the company will make a decision this month on the future of the Napier
operation following consultation with the employees and their union. We
realise this will be very unsettling for our staff, and we want to move as
quickly as possible so they know where they stand. We are committed to
assisting our employees as much as possible throughout this process ²

This process does not affect the PDL brand electrical switchgear and wiring
accessories produced at the PDL plant in Christchurch.

Mr Pillais said worldwide service and application support will continue to
be provided from Napier and the Schneider network, whatever the outcome of
the consultation process.

For further information regarding Schneider Toshiba Inverter or PDL
Electronics, please contact:
John Shattock
+64 (0) 21 322 453

Background:

About PDL Electronics:
- PDL Electronics Ltd is a subsidiary of Schneider Toshiba Inverter (STI)
- Schneider Electric acquired PDL Electronics in 2001 when it bought the
PDL Group. Schneider Electric transferred ownership to STI in 2004
- PDL Electronics has operated a manufacturing plant in Napier since 1973
- PDL Electronics employs 92 people in Napier
- Around 18 of those staff are involved in research and development
- PDL Electronics has specialised in making AC variable-speed motor drives
for industrial and commercial use
- PDL Electronics has customers in New Zealand, Australia, North and South
America, Europe and Asia

About Schneider Toshiba Inverter [STI]:
- Schneider Toshiba Inverter is a joint venture between Schneider Electric
and Toshiba, which have been working together since 1988
- STI is the worldwide leader in AC variable speed drives and soft starters
and is at the forefront of the technology.
- STI has has a worldwide market share of 16% (in the variable speed drive
market)
- STI has operations in USA, France, Austria, Japan, China and New Zealand

About Schneider Electric New Zealand:
- A market leader in automation and electricity management.
- Our lineup, comprises global brands (Merlin Gerin, Square D and
Telemecanique), market-leading local brands (PDL)
- Schneider Electric employs 320 people in New Zealand
- Find out more about Schneider Electric in New Zealand at
www.schneider-electric.co.nz

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news