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As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape. 

Over the past decade, more than 1,850 workers have lost their lives to traumatic injuries in Australian workplaces. Even more alarming, over 1.1 million workers have filed serious compensation claims for injuries resulting in more than a week of lost work time. That is approximately one in every 12 workers facing significant workplace injuries.

Artificial intelligence has become more than just a buzzword as it promises to revolutionise every other industry in the world, including manufacturing. In Australia, in particular, the hype surrounding AI and automation has reached a fever pitch, with many business leaders leveraging their resources to race towards adoption and implementation.

Salea Advisory, on behalf of Administrator Sule Arnautovic, is inviting expressions of interest for the sale or assignment of Wax Converters Textiles Pty Limited, a well-established manufacturing business located in Rutherford, NSW. 

In today’s era of modern manufacturing, industrial efficiency is paramount. However, as technology advances, so do the risks and complexities associated with electrical maintenance. 

In the wake of the COVID-19 pandemic, Australia saw an increase in the sales of recreational vehicles following the implementation of travel bans. This surge put a significant strain on the manufacturing, sales and customer service processes of Jayco Corporation, the largest manufacturer of RVs in Australia.

Manufacturing companies worldwide are increasingly gearing up for a significant transformation with environmental sustainability at the centre. This comes amid stronger environmental regulations, a shift in consumer behaviour, and the industrial sector delves deeper into Industry 4.0. 

The construction industry has undergone significant transformation over the past twenty years. Speedpanel, a leading Australian manufacturer of lightweight, fire-rated, and acoustic wall systems, made a groundbreaking entrance in the early '90s, revolutionising the Australian construction landscape.

For business leaders in the Australian manufacturing industry, digital transformation is not just a buzzword—it is a necessity to stay ahead and maintain a competitive edge in operational efficiency. 

Manufacturers are responding to the low-growth environment by focusing on digitisation, ESG and portfolio reshaping, transforming into more digital, resilient, and sustainable organisations.