Manufacturing and mining turnover decline in July, according to the ABS
Australia’s manufacturing industry’s turnover significantly slipped by 3.8 per cent in July, breaking the continuous rises of the sector in the five months prior,...
New report says EV sales to more than double in 2023, but outdated laws...
The Electric Vehicle Council has published its annual State of Electric Vehicles report, revealing that while EV sales are expected to more than double in 2023, Australia will continue to trail behind comparable nations in terms of customer choice unless critical legislative reform is implemented.
Titomic’s expanded revenue strategy with new manufacturing milestones
Metal additive manufacturing company Titomic Limited’s revenue strategy has continued to gain momentum in the third quarter of 2023 after new channels were added to drive innovation in various manufacturing industries.
Orora sees first half earnings soar to $165.8m, up 7.3%
Australia-based global packaging manufacturer Orora has announced its financial results for the half year with earnings before interest and tax (EBIT) of $165.8 million, up 7.3 per cent driven by strong earnings growth in North America and robust earnings performance in Australasia.
Stratasys and Desktop Metal to merge in deal valued at USD 1.8b
Additive manufacturing companies Stratasys and Desktop Metal have announced they have entered into a definitive agreement where the two companies will combine in an all-stock transaction valued at around USD 1.8 billion (AUD 2.77 billion).
Quickstep teams up with ST Engineering to serve Australasian nacelle market
Quickstep, a leading aerospace composite business in Australia, has partnered with ST Engineering’s Commercial Aerospace business to deliver nacelle maintenance, repair, and overhaul (MRO) across the complete range of Boeing and Airbus commercial aircraft in the Australasian market.
Eurozone Manufacturing PMI remains in contraction territory in January
The latest S&P Global Eurozone Manufacturing PMI reading rose for a third successive month to 48.8 in January, up from 47.8 in December.
Amaero International pays settlements over cancelled Victorian powders project
Additive manufacturing company Amaero International has announced the settlements of two disputes over a cancelled titanium powder production facility in Victoria.
Victoria leading in Australia’s economic growth, says ABS
Victoria’s State Final Demand has seen a 6.5 per cent expansion over the past year, confirming that the state has recorded the strongest economic...
Global 3D printing market reaches $3.7b in Q1 2023 with 10% sequential growth
Despite growing economic difficulties in the additive manufacturing (AM) global market, the first quarter of 2023 saw double-digit sequential growth to USD 3.7 billion (AUD 5.5 billion) compared to USD 3.4 billion (AUD 5 billion) during the same period of the prior quarter in, according to latest data from SmarTech Analysis.
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Modular switchgear built for faster, verified panel builds
As switchboard builders face tighter programmes and increasing scrutiny around compliance, the way enclosure, busbar and separation concepts work together has a direct impact on build time and verification effort.
