Canadian manufacturing industry slips by 0.9% in July
Canada’s manufacturing sector saw its third consecutive monthly sales decline in July 2022, according to the country’s national statistical office.
Statistics Canada reported a slip...
Schneider Electric names former Kimberly Clark exec as supply chain VP
Energy management and automation Schneider Electric has appointed Tina Hu as the new vice president for global supply chain and customer experience for Pacific...
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,...
EOS secures financing to back restructuring efforts
Defence and aerospace company Electro Optic Systems (EOS) has ventured into a financing agreement with major shareholder Washington H. Soul Pattinson and Company (WHSP)...
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...
Titomic doubled down on revenue diversification in FY22
Global cold-spray additive manufacturing company Titomic has reported a sales revenue of $3.8 million for fiscal year 2022, a seven-time increase compared to that...
Austin Engineering announces financial report for FY2022
ASX-listed global engineering firm Austin Engineering has reported a 525 per cent growth in net profit after tax (NPAT) in its 2022 financial report.
Austin...
Australian craft brewers ramp up production but are held back by unplanned downtime
Media Release by OFS
Research from OFS shows a 7.6% surge in craft beer production from April to June compared with the previous three...
Germany’s private sector activity sees downturn in August
Market activity in Germany’s private sector slipped for the second consecutive month and at a faster rate, according to the S&P Global’s Flash purchasing...
Manufacturing giant Boral reports $961m profit for FY2022
Construction materials producer Boral has posted a $961 million net profit after tax for the end of fiscal year 2022, which ended 30 June.
In...
Featured Article
Driving the future of smart energy: GridBeyond and ABB unveil new white paper on battery storage innovation
As industries adopt cleaner, more intelligent energy solutions, the ability to manage, store, and trade energy efficiently is increasingly vital to sustaining a competitive edge.
