Fisher & Paykel Healthcare (ASX:FPH) Signs NZ$250M Construction Contract for Auckland Campus
Operational Expansion
Fisher & Paykel Healthcare has signed a construction contract with Dominion Constructors Limited for its fifth building at the East Tāmaki campus in Auckland. The new building will have a gross floor area of approximately 28,000m² and an estimated cost of NZ$250 million.
Facility Features and Capacity
The building will include spaces for research and development, manufacturing, and distribution, designed with an open-plan work environment to foster collaboration. Construction is set to begin later this month, with the facility expected to be operational in 2027.
Executive Comments
Chief Operating Officer Andy Niccol stated, “We are excited to add this new building to complete our East Tāmaki campus. This project is a purposeful investment in infrastructure to ensure we have the necessary capacity and resources in New Zealand to progress our pipeline of innovative products and therapies.”
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