Grafton timber factory upgrade boosts jobs and production
The Grafton timber factory, operated by Big River Group, has inaugurated a significant upgrade poised to enhance the production of top-tier timber products for the construction industry statewide.
NSW launches Future Fleet Program bolstering rail manufacturing
The NSW Government has pledged to kick off the procurement process for replacements of the Tangara fleet of suburban passenger trains by March 2027, with a focus on achieving a 50 per cent domestic manufacturing rate within the contract.
BluGlass wraps up share purchase plan, raises $5.87 million
BluGlass Limited has concluded its Share Purchase Plan (SPP), bolstering its financial position by raising $5.87 million, as announced in a media release.
CIMIC’s Sedgman bolsters critical minerals portfolio with acquisition of MinSol Engineering
Sedgman, a key member of the CIMIC Group, has solidified its position as a comprehensive provider in the critical minerals sector through the acquisition of MinSol Engineering Pty Ltd.
NOVONIX awarded USD 103M in tax credits by US gov’t for battery materials production
Novonix, an ASX-listed manufacturer of battery materials and technology, has been chosen by the US Department of Energy (DOE) to receive a USD 103 million (AUD 159 million) tax credit under the Qualifying Advanced Energy Project Allocation Program.
SiBox testing completed, 1414 Degrees moves toward commercialisation
1414 Degrees announced its relocation to the Tonsley Innovation District following the completion of the demonstration phase of its SiBox thermal energy storage project, marking a significant step towards commercialisation.
Austal declines unsolicited Hanwha offer, citing regulatory obstacles
Austal Limited has confirmed the reception of an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co, Ltd (Hanwha) to acquire Austal through a scheme of arrangement.
Australian resource earnings to steady despite short-term declines
Resources and energy export earnings in Australia are projected to follow long-term trends in the next two years, buoyed by improved supply and a more favourable global economic outlook.
GenAI emerges as manufacturing game changer in latest industry report
In the 9th annual "State of Smart Manufacturing Report," industrial automation and digital transformation giant Rockwell Automation has revealed the rise of artificial intelligence (AI) as the preeminent driver of transformative outcomes.
Productivity Commission report reveals signs of recovery after COVID-19
Labour productivity has shown signs of recovery for the second consecutive quarter in the December 2023 period, marking a potential return to 'productivity normalcy' post the COVID-19 pandemic's impact.
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Beyond insights: How CRM solutions are transforming the manufacturing industry
The global manufacturing sector is witnessing a seismic shift in its automation approach as companies worldwide, big or small, grapple with the ongoing labour shortage and skills gap within the industry.
