Global manufacturing sector maintains growth momentum in April – JP Morgan PMI
In April, the global manufacturing sector maintained its upward trajectory, driven by increased output and new orders, signalling sustained recovery, according to the latest data from the JP Morgan Global Manufacturing PMI.
Quickstep to manufacture F-35 components for Northrop Grumman
Northrop Grumman has signed a six-year contract with Quickstep Holdings for the delivery of Australian-made components for the F-35 aerospace program.
AML3D secures $3m via shares placement
Metal additive manufacturing company AML3D said it raised $3 million through a placement of shares to a range of sophisticated investors.
Schneider Electric names former Kimberly Clark exec as supply chain VP
Energy management and automation Schneider Electric has appointed Tina Hu as the new vice president for global supply chain and customer experience for Pacific...
Australian cake and pastry manufacturers face competitive, consumer shifts – report
The Cake and Pastry Manufacturing industry in Australia is experiencing significant shifts due to evolving consumer preferences, volatile commodity prices, and intense competition, according to a recent report published by IBISWorld.
Eurozone’s composite output eases in December amid improved supply
Eurozone’s PMI Composite Output Index saw a significant increase for the second consecutive month, increasing from November’s 47.8 to a four-month high of 48.8.
Manufacturing giant Boral reports $961m profit for FY2022
Construction materials producer Boral has posted a $961 million net profit after tax for the end of fiscal year 2022, which ended 30 June.
In...
Australian manufacturing PMI ends 2023 with continued downturn – Judo Bank
Contractionary conditions in the Australian manufacturing sector persisted to the end of 2023 as domestic and global demand continued to decline, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
General Motors taps Aussie company Element 25 to help expand US EV supply chain
Element 25, a producer of manganese concentrate in Western Australia, has partnered with General Motors to support the production of over 1 million electric vehicles (EV) in North America.
XTEK receives new SUAS spare parts order from Australian Defence
ASX-listed international defence industry company XTEK Limited secured a $3.4 million order contract with the Australian Department of Defence for the delivery of spare parts in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.
Featured Article
Automotive canopy and tray manufacturer manages 6,000 SKUs with self-implemented ERP
Australian automotive accessories manufacturer Trig Point self-implemented an ERP system in just three months and gained control over its unwieldy component inventory, product customizations, and production processes. “We wouldn’t be able to manage that without a system like this,” says Chris Wasylkiw, Production Engineer.
