JP Morgan index shows global manufacturing contraction returns
Global manufacturing activity slipped back into contraction in July, as weak demand, lower exports, and cautious sentiment continued to weigh on production across major regions, according to the latest J.P.Morgan Global Manufacturing PMI.
Austal delivers 4th Cape-Class Patrol Boat to Australian Navy
Austal Australia has completed the fourth delivery of Evolved Cape-class Patrol Boats (ECCPBs) to the Royal Australian Navy (RAN).
Australia’s private sector sees slower contraction in January, says Judo Bank
At the onset of 2024, Australia's private sector faced continued challenges, with the Judo Bank Flash Australia Composite PMI Output Index reporting a reading of 48.1 in January, indicating a fourth consecutive month of business activity decline.
ACTU calls for 7% pay rise for lowest-paid workers to keep up with inflation
The Australian Council of Trade Unions (ACTU) is calling for a seven per cent pay rise for workers, which would lift the minimum hourly rate to $22.88 and the minimum annual full-time rate by $2966 to take it to $45,337.28.
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.
Sparc’s new Adelaide-based graphene manufacturing facility now underway
Sparc Technologies said construction has begun for its new modular and scalable manufacturing facility for graphene-based additive products in Adelaide.
Australian food and grocery industry exhibits growth despite pandemic’s economic pressures, says watchdog
Australia’s food and grocery manufacturing sector has seen a growth in value in 2020 and 2021— to approximately $133.6 billion— despite disruptions caused by...
Manufacturing PMI drops to three-month low in June – Judo Bank
The headline seasonally adjusted Judo Bank Australia Manufacturing Purchasing Manager’s Index (PMI) posted 47.2 in June, down from 49.7 in May.
Titomic doubled down on revenue diversification in FY22
Global cold-spray additive manufacturing company Titomic has reported a sales revenue of $3.8 million for fiscal year 2022, a seven-time increase compared to that...
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...
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AVEVA and Schneider Electric spearhead digital transformation in mining
AVEVA, a global leader in industrial software driving digital transformation, has partnered with Schneider Electric to redefine what smart, sustainable mining looks like in the age of AI.
