Contractionary conditions ease for Aussie industries in September – Ai Group
The Ai Group Australian Industry Index has witnessed a reduction in contractionary conditions, marking an improvement of 8.2 points to reach a seasonally adjusted value of -3.5 points in September 2023.
Australian manufacturing sees further decline in June— Ai Group
Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group.
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.
Titomic awarded CoBRAIN grant for automated cold spray applications
Metal additive manufacturing company Titomic has received a $400,000 CoBRAIN grant as part of the European Union’s Horizon Europe initiative.
Drone tech provider Nightingale Security secures contracts with global giants
ASX-listed drone manufacturer Nightingale Intelligence Systems is wrapping up the year with new contracts with global giants including energy company Haliburton and global information management company Iron Mountain.
Global Manufacturing PMI’s decline eases in January— JP Morgan
Global manufacturing output and new orders have shown slower contraction in the first month of 2023, resulting in a 49.1 PMI score in January, up from December’s 48.7 rating.
Global Manufacturing activity sees slower downturns in November
The Global manufacturing sector is moving closer to stabilisation in November, according to the latest composite index from JP Morgan and S&P Global.
US manufacturing sees expansion in July, says Feds
The US manufacturing industry has shown growth beyond initial projections in July, according to a Reuters report citing the US Federal Reserve.
The Federal Reserve...
5E Advanced Material announces new CEO
Boron and lithium manufacturer 5E Advanced Materials has named Susan Seilheimer Brennan as its new CEO beginning on 24 April.
Australian PMI: manufacturing sector sees stability in September
Australia’s Performance Manufacturing Index has shown stability in September 2022, with increased market activity of 50.2 points, according to the Australian Industry Group.
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