Saturday, July 5, 2025

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. 

March figures show decline in New Zealand’s manufacturing sector

New Zealand's manufacturing sector contracted in March and remains well below the long-term average signalling challenges for the sector, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

PYC eyes AI-powered drug discovery partnership with Google Cloud

Clinical-stage biotechnology company PYC Therapeutics said it plans to partner with Google Cloud to build custom-designed machine learning models to develop a new generation of precision medicine models. 

Brickworks hit $410m on record half-year NPAT

Building material manufacturer Brickworks has recorded an underlying  Net Profit After Tax (NPAT) of $410 million, an increase of 24 per cent from the previous corresponding period, for the half-year that concluded on 31 January, as revealed in an ASX announcement.

S&P Global: Aussie manufacturing sector loses momentum in June

Australia’s manufacturing sector experienced a further slowdown in growth in June, according to the latest S&P Global Australia Manufacturing Purchasing Manager’s Index™ (PMI) data.

Australian airline Rex invests in electric-powered, emission-free aviation

Australian independent regional and domestic airline Regional Express (Rex) has announced an investment in Dovetail Electric Aviation, the company pioneering the conversion of turbine-powered aircraft to electric, emission-free propulsion. 

Building materials leader CSR agrees to buy Woven Image to scale market offering

Australian building products company CSR Limited has agreed to acquire Woven Image, a leading company in sustainable design-led acoustic finishes and textiles for $43 million. 

Schaffer posts $5m NPAT in FY23 half-year results

Automotive leather manufacturing company Schaffer Corporation Limited has reported 1H23 statutory net profit after tax (NPAT) of $5.1 million, reflecting a difficult first half for the Automotive Leather Division.

ClearVue bags $2m gov’t grant to manufacture key components

Smart building materials company ClearVue Technologies is set to receive a $2 million grant through Western Australia’s Investment Attraction Fund to advance its manufacturing operations. 

Orora reports significant increase in earnings with underlying EBIT up by 12.3%

Sustainable manufacturer Orora Beverage announced its full-year financial results, with strong performance increases to underlying earnings before interest and tax (EBIT) of $320.5 million, up 12.3 per cent.
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Don’t get left behind: Manufacturing’s urgent need for digital transformation

As digital transformation reshapes industries worldwide, manufacturers in Australia and beyond are finding themselves at the forefront of an evolution. This shift presents opportunities for companies looking to improve efficiency, drive innovation, and boost growth.