Market News

Australia’s manufacturing sector featured prominently in the latest increase in business investment, with new capital expenditure rising 6.4 per cent in the September quarter, according to figures released by the Australian Bureau of Statistics (ABS).

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. 

Quickstep, a leading aerospace composite business in Australia, has decided to keep its Aftermarket business as a core part of the company and is planning to enhance the business through several new growth initiatives 

Aluminium extruder and distributor Capral Limited has posted its financial report for the first half of 2023, outlining strong results that went beyond expectations. 

Victoria’s State Final Demand has seen a 6.5 per cent expansion over the past year, confirming that the state has recorded the strongest economic...

Global mining equipment designer and manufacturer Austin Engineering has sold its first Mainetec-designed dipper bucket to a customer in the United States. 

Building material manufacturer Brickworks has recorded an underlying  Net Profit After Tax (NPAT) of $410 million, an increase of 24 per cent from the previous corresponding period, for the half-year that concluded on 31 January, as revealed in an ASX announcement.

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.

The Australian beer manufacturing industry has experienced steady revenue growth over the past decade, despite a decline in per capita beer consumption, according to a market research report by IBISWorld. 

3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock.