Wednesday, June 18, 2025

Fonterra joins Australia’s cheese war

New Zealand’s Fonterra has successfully negotiated the purchase of 6% stake in Australia’s Bega Cheese Ltd, according to a report from Reuters. The purchase is in...

New Balance teams up with Nervous System to launch first 3D printed running shoe...

American footwear manufacturer New Balance has joined forces with design studio Nervous System to develop functional 3D-printed midsoles for performance running shoes. New Balance also...

Victoria’s Labor govt. launches new round of Small-Scale and Craft Program funding

The latest round of funding for the Small-Scale and Craft Program opens today. Grants from the $10.2 million program will help fund the operations of...

$1M grants program launched to showcase food and beverage producers in regional Victoria

The Victorian government is calling on regional bodies to apply for the $1 million Regional Activation Grants Program, an initiative to showcase the local food and beverage producers in regional Victoria. 

BAE Systems introduces engineering scholarships for women from regional Australia

BAE Systems Australia has unveiled a groundbreaking initiative aimed at supporting women from regional Australia pursuing engineering degrees with aspirations for a career in the defence industry.

Cyber security firm Penten wins $1.3m Defence contract

Canberra cyber security company, Penten has been awarded a $1.3 million innovation contract to develop their AltoCrypt technology for the Australian Army. Making the announcement,...

MGA Thermal receives $8.25m to expand its energy storage system

Australian clean energy company MGA Thermal has secured $8.25 million in funding as the company moves to scale its long-duration energy storage (LDES) solution. 

Ford to axe around 300 jobs in June as sales slump

Workers at Ford’s Geelong and Broadmeadows plants are facing 300 job cuts come June as the car maker prepares to cease local manufacturing from...

Australia issues Request for Tender for new offshore patrol vessels

The Australian Government has issued a Request for Tender (RFT) to the three designers that were shortlisted for the construction of the $3 billion-plus...

Rottnest Fast Ferries taps Austal and Incat Crowther for new catamaran

Austal Australasia has secured a contract to build a 32-metre catamaran for Rottnest Fast Ferries, headquartered in Hillarys, Western Australia.
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Unlocking growth: Charting midsize manufacturers’ path with digital solutions

According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.