Friday, May 17, 2024

Austal, ASC team up for the Future Frigates Program

Austal and ASC have announced a teaming agreement for the construction of the SEA5000 Future Frigates Program, a $35 billion project that includes the...

Competition watchdog clears proposed Dow Chemical-DuPont merger

The proposed merger between diversified chemicals company Dow and science company DuPont will proceed as planned after the ACCC announced that it will not...

South Australia advocates for national space agency

The South Australian State Government is advocating for the establishment of an Australian space agency which would be headquartered in Canberra, but would have...

AGL to build 210MW power station in South Australia

AGL Energy will spend $295 million on a new 210 MW reciprocating engine power station to be built alongside the company’s Torrens Island Power...

BAE Systems Australia selects Victorian SMEs for LAND 400 work

BAE Systems Australia has agreed a $200 million package with Victoria’s defence industry as part of its bid to secure LAND 400, the army’s...

Goldwind to construct $300m wind farm in Tasmania

Goldwind Australia has reached an in-principle agreement with Tasmania’s power retailer Aurora Energy to build a new $300 million, 144MW wind farm in the...

MVP partners with CSIRO to develop new manufacturing technologies

Specialised healthcare company Medical Development (ASX: MVP) has signed an agreement with the CSIRO to develop new manufacturing technologies for pharmaceutical products. The agreement builds...

ANCA’s new smart factory Management Suite ‘a game changer’ for the CNC grinding industry

Australian grinding machine manufacturer ANCA recently introduced a new smart factory Management Suite that uses virtual machine monitoring technology to achieve premium grinding efficiencies...

Robo 3D signs European distribution deal with Sotec3D

Robo 3D Limited has inked a distribution agreement with Sotec3D under which the Le Mans based company will add Robo’s products to all its...

Australian manufacturing notches eight consecutive month of expansion

The Australian Performance of Manufacturing Index (PMI) has registered its eight consecutive month of expansion in May, albeit at a considerably slower rate than...
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Manufacturers are responding to the low-growth environment by focusing on digitisation, ESG and portfolio reshaping, transforming into more digital, resilient, and sustainable organisations.