Saturday, July 27, 2024

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...

Anteris marks first successful implantation of DurAVR THV heart valve

ASX-listed biotechnology company Anteris Technologies has announced the successful use of its DurAVR THV biomimetic valve in a valve-in-valve (ViV) procedure. 

Titomic secures sales of new D623 system to Germany, Spain

Titomic has received two purchase orders for its newly launched Titomic D623 medium-pressure cold spray system, for a total of $270,000. 

BlueScope Distribution launches new aluminium routing machine

BlueScope Distribution Melbourne has completed the installation of its new CNC flatbed aluminium routing machine, which will enable the processing of products for customers across a wide range of manufacturing industries. 

Bosch hits 2022 targets, secures growth opportunities

German engineering company Bosch said it was able to boost sales and performance in the fiscal year 2022 “despite the challenging macroeconomic situation” with overall sales of €88.4 billion (AUD $137.5 billion), according to preliminary figures. 

Orbital kickstarts UAS engine delivery for Australian Army contract

Orbital UAV has begun the delivery of engine builds for Insitu Pacific’s next-generation tactical UAS for the Australian Army.

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.

Small business optimism declines as expectations for better business conditions worsens in December

The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.

Brickworks and Goodman Group launch $416 million manufacturing property trust joint venture

Australian brick manufacturer Brickworks and commercial property company Goodman Group have established a joint venture, Brickworks Manufacturing Trust, which will be comprised of a...

Eurozone manufacturing PMI at 48.5 in February

The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in February, falling slightly from 48.8 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, up from 48.9 in January.
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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.