Friday, April 26, 2024

Australian private sector continues expansion streak in June— Judo Bank

Australia’s private sector has remained in expansion at the end of the second quarter of the year, despite the manufacturing sector posting below the 50.0 neutral mark in June, according to the Judo Bank’s latest PMI report. 

Australian job vacancies ease in February but remain high historically

Australia's job vacancies dropped in the three months leading up to February, the third consecutive quarter of decline, but figures remain significantly higher than levels prior to the pandemic, indicating a competitive labour market, according to the latest Australian Bureau of Statistics (ABS) data.

DroneShield to supply equipment, services with $33m US gov’t contract

Counter-UAS solutions manufacturer DroneShield has received a record $33 million order from a U.S. government agency to supply equipment as well as multi-year services.

Bega Cheese sees 11% increase in revenue for FY2023’s first half

Bega Cheese Limited generated a revenue of more than $1.6 billion in the first half of fiscal year 2023, which ended on 25 December 2022. The figure marks an 11 per cent increase compared to the prior year’s results. 

Quickstep collaborative project to reduce composite production cost

Aerospace composite manufacturer Quickstep has collaborated with the Sovereign Manufacturing Automation for Composites CRC (SoMAC CRC) and Deakin University’s Institute for Intelligent Systems Research and Innovation to help address the high cost of large-scale composite production. 

Orbital UAV to complete UAV engine project for Singapore customer

Australian drone manufacturer Orbital UAV said it secured a $2 million contract with a major Singapore customer to continue and complete a multi-fuel unmanned aerial vehicle (UAV) engine program. 

BluGlass GaN lasers meet performance benchmarks

Gallium nitride (GaN) laser diodes produced by BluGlass at its Silicon Valley feasibility are now achieving or exceeding manufacturer performance benchmarks, the company said in an ASX announcement. 

Australian dairy expects another favourable season with firm milk prices, says Rabobank

Australian dairy manufacturers can look forward to another favourable season in 2023/24, with the industry set for its fourth consecutive profitable year, according to Rabobank's recently released annual Australian Dairy Seasonal Outlook.

Wide Open Agriculture to identify location for large-scale buntine protein manufacturing facility

Wide Open Agriculture (WOA) announced that it is moving forward in identifying a large-scale manufacturing plant for the production of buntine protein, a key ingredient in a variety of food applications.

BluGlass launches GaN laser product suite in San Francisco, expands customer base in Q1...

Australian semiconductor developer BluGlass Limited rolled out the first suite of its commercial gallium nitride (GaN) laser products for customer purchase at Photonics West in San Francisco in January, according to the company's latest quarter activities update. 
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Beyond insights: How CRM solutions are transforming the manufacturing industry

The global manufacturing sector is witnessing a seismic shift in its automation approach as companies worldwide, big or small, grapple with the ongoing labour shortage and skills gap within the industry.