Fonterra sells off Bega Cheese stake for $74m
Dairy giant Fonterra has announced that it has sold off its 9% shareholding in Bega Cheese for almost A$74 million.
In an ASX announcement issued...
Aussie Talga joins EU Graphene Flagship program with Bosch and LEGO
Perth based advanced materials company Talga Resources has announced that it has joined the €1 billion funded EU Graphene Flagship program alongside multinational engineering...
ASC boosts performance on submarine maintenance after cutting 45 trade jobs from AWD
Last week, Australian shipbuilder ASC announced plans to cut 45 trade jobs from the Air Warfare Destroyer Project.
In a media release, the company said...
Vitamins maker Blackmores teams up with Bega Cheese to make nutritional foods
Natural health and vitamins product producer Blackmores has established a joint venture with dairy nutritional product maker Bega Cheese to develop and manufacture nutritional...
ABC Bullion wins tender to make Emirates Melbourne Cup Trophy for 2016
Australia’s leading precious metals and bullion specialist, the ABC Bullion, has been selected to manufacture the Emirates Melbourne Cup Trophy for 2016.
In a media...
Fonterra gets Beingmate approval for Darnum JV
The Beingmate Baby and Child Food Company has granted its approval for the establishment of a joint venture with Fonterra to acquire the dairy...
Austal awarded $53.5m US Navy contract
Shipbuilder Austal has been awarded a US$53.5 million contract to procure materials for a new vessel for the US Navy.
Under the terms of the...
Murray Goulburn acquires Tasmanian Dairy Products
Australia’s largest agricultural co-operative Murray Goulburn has announced that it has finalised the acquisition of the $80 million Tasmanian Dairy Products (TDP) facility from...
PACIA and CSIRO welcome Australia’s new Chief Scientist
Dr Alan Finkel, the President of the Australian Academy of Technological Sciences and Engineering (ATSE) and former Chancellor of Monash University, has been appointed Australia’s...
Amcor acquires US Encon for $55m
Packaging giant Amcor has acquired Ohio-based Encon in a deal worth US$55 million.
Encon has four manufacturing plants and revenues of approximately US$110 million.
“The business...
Featured Article
From ship repair to autonomous underwater vehicles: Griffin Industrial’s next chapter with growth capital
Some of Australia’s most critical manufacturing happens where almost no one sees it: inside a fuel tank on a Navy tanker, in a machine shop south of Perth, on a workshop floor in western Sydney where a team is helping build autonomous underwater vehicles. Griffin Industrial does all three.
