Tag: Asia Pacific

Airbus, a global leader in aerospace innovation, has unveiled projections indicating a robust surge in demand for freighter aircraft within the Asia-Pacific (APAC) region over the next two decades.

In the dynamic manufacturing sector, where competition is intensifying and innovation is recognised as a key differentiator, manufacturers are always looking to enhance operational efficiency, minimise costs and elevate product quality.

Reliance Worldwide Corporation (RWC) has agreed to acquire Holman Industries, a leading manufacturer and distributor of branded plumbing and watering products in Australia, for $160 million. 

Australian Vanadium Limited announced the successful completion of the construction of its state-of-the-art Vanadium Electrolyte Manufacturing Facility in the northern suburbs of Perth.

Nourish Ingredients, an Australian food tech company, is kickstarting manufacturing operations in Singapore as part of a strategic expansion to scale up its potent fat production. 

The past few years have been challenging for manufacturers in APAC. The COVID-19 pandemic brought supply chain disruptions, government restrictions, and heightened uncertainty around demand and supply.

Vocus, Australia's specialised fibre and network solutions provider, has activated the first international fibre-optic connection into Darwin, establishing Australia's North as a new entry point for international data and Darwin as a significant digital centre for the Asia Pacific.

Electric vehicle manufacturer SEA Electric has tapped Marco Quaranta, a seasoned professional in the transportation sector, as the new Sales Director for Asia Pacific effective today. 

Defence industry company XTEK has updated its FY23 results guidance, anticipating record revenues for FY23 of between $86 million to $88 million up by circa 50 per cent compared to the previous recorded revenue of $58.2 million. 

Minister for Trade and Investment Tim Pallas announced that Hydrostor, a Toronto-based clean energy innovator, is slated to set up its regional headquarters in Melbourne, enhancing the state’s renewable energy sector.