Monday, May 20, 2024

Graphene Manufacturing to raise $5 million in ‘bought deal’

Graphen Manufacturing Group (GMG) has agreed to sell 1,819,000 units of its shares in a $5 million “bought deal.”

Eurozone manufacturing PMI slips in June demand, production decrease further

Conditions in the Eurozone manufacturing sector have seen a more intense downturn in June, as production contracts for the third month in a row, according to the latest HCOB PMI survey. 

Quickstep delivers record order book, books extensive drone contracts in FY23

Quickstep, a manufacturer of aerospace composites, has published an update on its business performance for FY23, delivering a record-breaking forwards order book for FY24 and FY25 and receiving $264 million in new orders and order commitments.

AIB Ireland Manufacturing PMI: New orders fall at faster rate in December

The Irish manufacturing sector recorded a second month of deteriorating operating conditions in December as new orders fell sharply, according to the latest AIB PMI® data. 

AML3D posts record quarterly cash receipts amid boost in ARCEMY sales

Wire additive manufacturing developer AML3D Limited has received more than $1 million in customer cash receipts, setting a new quarterly earnings record for the company. 

US manufacturing records slowest expansion pace in October

The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results. 

Quickstep to supply F-35 vertical tail components in new contract

Quickstep Holdings has secured an $11.3 million purchase order for its Lot 17 F-35 vertical tail components from Marand Precision Engineering, a longstanding to Quickstep on the F-35 program. 

Immuron prepares for diarrhoea-focused clinical trial as US FDA lifts clinical hold

Immuron, an Australia-based biopharmaceutical company, is slated to move forward with the clinical evaluation of a new oral therapeutic targeting Campylobacter and Enterotoxigenic Escherichia coli (ETEC) following approval from the US Food and Drug Administration (FDA).

Australian cake and pastry manufacturers face competitive, consumer shifts – report

The Cake and Pastry Manufacturing industry in Australia is experiencing significant shifts due to evolving consumer preferences, volatile commodity prices, and intense competition, according to a recent report published by IBISWorld.

Eurozone’s final manufacturing PMI in 2022 rises to 3-month high

Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers. 
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