RWC signs $160M acquisition of Holman Industries
Reliance Worldwide Corporation (RWC) has agreed to acquire Holman Industries, a leading manufacturer and distributor of branded plumbing and watering products in Australia, for $160 million.
BAE Systems acquires Radio Frequency Systems as part of national high frequency investment
BAE Systems Australia has purchased Radio Frequency Systems (Australia), a wholly owned subsidiary of Radio Frequency Systems (Germany), following the company's German parent's decision to exit the defence market.
Orora acquires bottle manufacturing company Saverglass
Australian packaging manufacturer Orora Limited has completed the 100 per cent acquisition of Saverglass SAS, a global company that specialises in the manufacturing, customisation and decoration of high-end glass bottles for wine, cosmetics, perfume, food, and spirit markets.
Australian wine industry faces high stock levels amid steady sales, production cut
Despite a challenging year marked by the lowest wine production in 15 years, the Australian wine industry continues to face pressure from historically high national wine inventory levels, as revealed in Wine Australia's Wine Production, Sales, and Inventory Report 2023.
Toyota Hilux to get 48V technology in 2024 with 10% better fuel economy
Toyota Australia is set to offer approximately 10 per cent fuel economy improvement for certain HiLux models, compared to the current 2.8-litre turbo diesel variants, when upgraded versions fitted with 48-volt technology arrive in the first half of 2024.
Counter-UAS manufacturer DroneShield secures R&D contract with Five Eyes Defence Department
DroneShield has been awarded a two-year research and development (R&D) contract for $9.9 million by a Five Eyes Department of Defence (DoD), with approximately $4.5 million expected in the third and fourth quarters of 2023.
EOS seeks green light as Ukraine weapons systems provider
ASX-listed defence and space company Electro Optic Systems is engaged in active contract negotiations on the prospective supply of a significant number of Remote Weapons Systems (RWS) and related components and spares for Ukraine.
Boss Energy concludes oversubscribed share purchase plan
Australian uranium company Boss Energy has announced the completion of an oversubscribed share purchase plan (SPP) with $29.6 million of applications.
Australian manufacturing sector faces steepest decline since May 2020, Judo Bank PMI shows
The latest data released by Judo Bank reveals a concerning trend for Australia's manufacturing sector, as conditions deteriorated at the fastest rate since May 2020.
Ampcontrol buys Androck to support industry decarbonisation
Australian electrical engineering company Ampcontrol has acquired Hunter-based Androck Engineering & Mining to expand renewable energy manufacturing and boost the low-carbon economy transition.
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Beyond insights: CRM’s transformative role in sustainable manufacturing
Manufacturing companies worldwide are increasingly gearing up for a significant transformation with environmental sustainability at the centre. This comes amid stronger environmental regulations, a shift in consumer behaviour, and the industrial sector delves deeper into Industry 4.0.
