Santos divests non-core Asian portfolio
Santos has reached an agreement to sell its non-core Asian portfolio to Ophir Energy for US$221 million.
Santos Managing Director and CEO Kevin Gallagher said...
Austal completes delivery of eighth LCS to US Navy
Austal has successfully delivered its eight Independence-variant littoral combat ship (LCS) to the US Navy.
Austal CEO, David Singleton, said the future USS Tulsa (LCS...
Austal acquires aluminium technology company ElectraWatch
Austal has reached an agreement to acquire ElectraWatch, a US-based aluminium non-destructive technology company, for an all cash consideration of US $6.75 million.
ElectraWatch has...
Freedom Foods to upgrade its Shepparton plant
Freedom Foods Group has unveiled plans to invest approximately $29 million to upgrade the capacity of its Shepparton dairy facility.
According to the company's statement,...
Saputo completes acquisition of Murray Goulburn
Saputo has announced that it has acquired the activities of Murray Goulburn, Australia's largest dairy company.
The Canadian dairy giant said the A$1.31 billion debt-free transaction...
An Aussie first – producing drinking water from air using solar power
The Australian Renewable Energy Agency (ARENA) will provide $420,000 in funding to US-based Zero Mass Water for the deployment of 150 solar-powered SOURCE drinking water...
Australia’s manufacturing sector posts 19th consecutive month of expansion in April
The Australian manufacturing sector has continued its expansion streak in April following March’s record high result.
According to Ai Group's latest report, the Australian PMI...
DSI Underground Australia to acquire Fero Group
DSI Underground Australia has reached an agreement to acquire 100% of the family-owned Fero Group, a leading supplier of of products and services to...
UAVs to protect Aussie grape industry
Thanks to researchers at the Queensland University of Technology (QUT), and the advancements of technology, of course, Australia's grape industry now has a fighting...
A shot in the arm for agricultural manufacturing in Ballarat
Two Victorian agricultural machinery producers have secured State Government funding to expand and diversify their operations.
Ballarat-based Goldacres, which manufactures spraying equipment specifically designed to...