Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search


WDT Grants Licence to Seeley International

Media Release

4 October 2002

WDT Grants Licence to Seeley International

Wellington Drive Technologies Ltd (NZSE: WDT) today announced that it has granted a licence to Seeley International Pty Ltd (Seeley), Adelaide, Australia. Seeley is the world's leading manufacturer of evaporative coolers, with substantial business also in the gas heater segment.

Under the agreement Seeley obtains rights to manufacture Wellington motors.

"Seeley is at the head of the field in evaporative air conditioning with strong sales in Australia, the United States, Europe and other regions," said Dr Ross Green, WDT's Chief Executive. "They have a high degree of expertise with plastics moulding and motor production, and are thus well placed to make use of Wellington's proprietary motor technology."

He said that in addition to concluding this agreement Wellington had recently received a development order from a premium European appliance manufacturer.

“It is the first order from this European company, and covers a category of premium appliance that we have not previously worked with.”

Made from specialised plastics, permanent magnets and electronics, Wellington’s brushless motor design offers lower noise and longer life than conventional approaches. It also requires less than half the energy to run and can be made in virtually any shape.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Maritime Union: Calls For New Zealand Shipping To Resolve Supply Chain Crisis

The Maritime Union says there needs to be innovative responses to ongoing shipping congestion. Maritime Union of New Zealand National Secretary Craig Harrison says it is essential that New Zealand develops its own shipping capacity... More>>

Greenpeace: Calls Foul On INEOS Rugby Sponsorship Deal

Greenpeace is calling foul on NZ Rugby’s decision to sign a sponsorship deal with the oil and plastic polluting petrochemical giant INEOS. "In the thick of the climate crisis, it’s gutting to see NZ Rugby sign a sponsorship deal with an oil and gas polluting conglomerate... More>>

Stats NZ: Quarterly Inflation Rising Steadily Across The Board

Higher prices for transport and food have driven up inflation for the all households group in the June 2021 quarter, Stats NZ said today. The ‘all households group’ represents all private New Zealand-resident households... More>>

Real Estate: June Home Transfers Remain High
There were 44,517 home transfers in the June 2021 quarter, the highest June quarter figure since 2016, Stats NZ said today. The number of home transfers was very similar to the March 2021 quarter and was up 18,252 from the June 2020 quarter... More>>

Statistics: Household Saving Falls In The March 2021 Quarter

Saving by New Zealanders in the March 2021 quarter fell to its lowest level in two years after rising sharply in 2020, Stats NZ said today. Increases in household spending outpaced income growth, leading to a decline in household saving from the elevated levels that prevailed throughout 2020... More>>