Monday, May 6, 2024

Boom Logistics wins new wind farm contract

Crane company Boom Logistics is continuing to grow its market share in the wind farm sector with the award of a new wind farm construction...

Bega Cheese to invest $25 million to shore up milk supply

ASX-listed company Bega Cheese will be investing up $25 million in business initiatives that will ensure the sustainability and growth of its milk supply. According...

Australian PMI: Manufacturing continues positive streak despite slowing in May

AI Group's Australian Performance of Manufacturing Index (Australian PMI) remained in expansionary territory at 52.7 points in May, marking the thirty-third consecutive month of stability and...

China’s PMI shows manufacturing activity decline in October

The Chinese manufacturing industry’s purchasing manager index (PMI) has seen a 0.9 per cent decrease in October, indicating a shrinking market activity in the country. 

QinetiQ wins DIH funding to deliver battlefield-ready technology for Defence

Victoria-based company QinetiQ has won a $5.4 million contract to develop an innovative, deployable micro-grid that will help address an increase in the demand...

Alta, Aurizon, and ARENA unveil world’s first battery electric tender

Alta Battery Technology announced a partnership with Aurizon, Australia's foremost rail freight provider, and the Australian Renewable Energy Agency (ARENA) to develop the world’s inaugural battery electric tender (BET).

Fonterra lauches switch to biodiesel

Fonterra has become one of six cornerstone customers switching to Z Energy’s new biodiesel alongside Air New Zealand, TIL (Transports Investment Ltd), South Fuels,...

Tritium set to raise $30m to fund its international expansion

EV charging equipment manufacturer Tritium is undertaking an equity raising round to fuel its growth amid growing demand for its products worldwide. The Adelaide based company...

New Aussie battery technology tipped to revolutionise electricity storage

A new battery technology designed and developed by University of Adelaide researchers has edged closer to commercialisation thanks to a $1 million research contract...

Australian manufacturing sees continued downturn in June— Judo Bank

Australia’s manufacturing sector has continued to see a decline in June as a sharper contraction in new orders drags production levels at the end of the second quarter of 2023. 
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Beyond Insights: Building trust into digital transformation technologies

Digital transformation technologies are experiencing a gold rush in the manufacturing industry, not just in Australia but beyond. However, amid this surge in cutting-edge tech and automation processes, a fundamental element remains crucial: trust.