Austal announces another US Navy deal
The US Navy has exercised a A$324.6 million fixed–priced incentive (firm target) contract option with Austal USA for the detail design and construction of...
Australian PMI: Manufacturing expands in April
The Australian Industry Group's Australian Performance of Manufacturing Index (Australian PMI®) rose 2.8 points to 58.5 in April, the highest monthly result since July...
Incitec completes acquisition of French Titanobel
Titanobel, a renowned French industrial explosives manufacturer and provider of drilling, blasting, and technical services, has been acquired by Incitec Pivot Limited (IPL).
“We’re delighted...
Toyota named Australia’s Most Trusted Car Brand
In the annual Reader's Digest Trusted Brands Survey, Toyota was named Australia's Most Trusted Car Brand for the second year in a row.
The national...
Visy announces $700m investment in Queensland
Visy has announced a $700 million investment in Queensland recycling and remanufacturing as part of the $2 billion investment pledge to Australia that Executive...
EY joins Alliance to End Plastic Waste, enhancing measurement through deep cross-sector experience
The EY organization has joined the Alliance to End Plastic Waste, alongside more than 90 companies, project collaborators, allies and supporters who are committed to ending plastic waste in the environment.
Cochlear buys hearing implant maker Oticon for A$170m
Cochlear Limited, a global leader in implantable hearing solutions, has agreed to acquire Oticon Medical for approximately A$170 million.
The announcement comes after Oticon's parent...
Schneider Electric launches new generation TeSys Motor Control series
Schneider Electric, a global leader in the digital transformation of energy management and automation, has launched its new generation of TeSys Motor Control for high current contactors.
Hydrogen Council backs latest steps in hubs roll-out
The Australian Hydrogen Council (AHC) says the basic building blocks of a new hydrogen economy are being put in place with the latest announcement of more locations for hydrogen hubs, this time in Queensland.
Africa faces hard knocks as rich countries take manufacturing back home
The global economic crisis triggered by the outbreak of the COVID pandemic in 2020 and Russia’s invasion of Ukraine in February this year has intensified the risk of declining trade integration between countries. A process referred to as the deglobalisation of trade.
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
