Monday, May 12, 2025

New Zealand’s PMI contracts to 49.3 points in October

The New Zealand manufacturing industry’s market activity slipped into contraction territory in October.

BluGlass launches GaN laser product suite in San Francisco, expands customer base in Q1...

Australian semiconductor developer BluGlass Limited rolled out the first suite of its commercial gallium nitride (GaN) laser products for customer purchase at Photonics West in San Francisco in January, according to the company's latest quarter activities update. 

Rio Tinto expands US production with new copper supply investment

Rio Tinto is strengthening its position in the US copper supply chain by investing in its Kennecott mine near Salt Lake City, Utah, through funding worth $498 million intended for the development of an area known as the North Rim Skarn (NRS).

Output, new orders drag down Global Manufacturing PMI in December

The global manufacturing sector experienced a further decline in December as a result of the downfall in output and new orders.  The latest J.P. Morgan...

CSR announces $100 million on-market repurchase plan

CSR is buying back up to $100 million in shares on-market, as the company positions itself to invest in both long-term growth strategy and...

JP Morgan reveals global manufacturing output hits 22-month high in May

The global manufacturing sector experienced an upswing in May, with significant improvements in both output and new orders, according to the JP Morgan Global Manufacturing PMI.

Titomic’s glass mould coating system clears European site acceptance test

Additive manufacturing company Titomic Limited said its glass mould coating system delivered to Vetropack in Austria has passed TUV Austria’s site acceptance test. 

Australian private sector continues to slow down in December

The latest Judo Bank Australia Composite PMI result marks a decline from November’s 48.0 and signals a third consecutive contraction in private sector output. 

Cement maker James Hardie posts $201 million APAC income for Q1 2023

ASX-listed cement manufacturing company James Hardie Industries has posted a $200.1 million revenue from its fibre cement segment sales in the Asia Pacific for...

New Zealand’s manufacturing PMI on a ‘downward spiral’ in October

Market activity in New Zealand’s manufacturing industry has gone on a downward spiral into contraction in October, according to the latest BusinessNZ Performance of Manufacturing Index (PMI). 
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Delivering growth: how invoice finance transformed a logistics business

For a smaller freight-forwarding company to compete with international behemoths, Global Trade Logistics founder Gary Coutsoudis knows he and his team must outperform.