Monday, May 27, 2024

BluGlass receives additional GaN laser purchase orders

Semiconductor manufacturing company BluGlass Limited has secured two more purchase orders for its single-mode and multi-mode violet 405nm and blue 450nm gallium nitride (GaN) lasers in flexible form factors. 

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.

Australian Workers’ Union says new coal caps leave manufacturing industry exposed

The Australian Workers’ Union (AWU) said the new coal caps passed by the New South Wales Parliament today would leave industry exposed by not capping the price of coal sold to steel, chemical, and cement facilities. 

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. 

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. 

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.

Global Manufacturing activity sees slower downturns in November

The Global manufacturing sector is moving closer to stabilisation in November, according to the latest composite index from JP Morgan and S&P Global. 

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A business-led approach to maximising your SAP investment

Manufacturers are responding to the low-growth environment by focusing on digitisation, ESG and portfolio reshaping, transforming into more digital, resilient, and sustainable organisations.