Wednesday, May 7, 2025

US Manufacturing PMI inched up to 47.7% in February

The February Manufacturing PMI in the United States of America has registered 47.7 per cent, 0.3 percentage points higher than the 47.4 per cent recorded in January, according to the nation's supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business.

Fonterra raises earnings forecast, announces lower prices for next season

New Zealand dairy giant Fonterra raised its fiscal 2023 earnings forecast today amid ongoing strong margins in protein and cheese portfolio and said it expects to pay a lower price for milk to its farmers next season. 

Australian industry slips further into contraction over fall in new orders

The Ai Group Australian Industry Index slumped further in March as the industry sees a fall in demand, while the manufacturing sector rebounded led by improvements in the chemicals and food & beverage sectors. 

SmarTech issues new market report on post-processing for additive manufacturing: Sees a $1.8 billion...

SmarTech Analysis' new report, "Additive Manufacturing Post Processing: State of the Market and Looking Ahead," provides the necessary raw data and analysis for management, investors, users, product planners, and marketers to further their understanding of this critical path in the AM workflow.

Welding company K-TIG bags $600,000 order for turnkey welding system

K-TIG Limited has received a $600,000 supply and onsite commissioning order from Brewery Chemical & Dairy Engineering for the development of a Linear Precision Grow Line Circumferential Welding System

Australian Manufacturing PMI declines to 50.2 in December— Judo Bank

Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2. 

Altech Chemicals showcases new CERENERGY ABS60 battery pack

ASX-listed battery manufacturer Altech Chemicals has unveiled its CERENERGY Sodium Alumina Solid State 60 kWh battery pack, ABS60.  

Orora delivers 14.6% EBIT growth and 28.2% earnings per share growth

Media Release by Orora Financial highlights for the year ended 30 June 2022 Sales revenue of $4,090.8 million, up 15.6% (up 13.0% on a constant...

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.

Sparc provides update on SIB cell manufacturing project with QUT

Technology solutions company Sparc Technologies Limited has shared an update on its collaboration with the Queensland University of Technology (QUT) to develop a sustainable hard carbon anode material for sodium-ion batteries (SIBs).
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Delivering growth: how invoice finance transformed a logistics business

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