Orora’s half-year results reflect strong growth despite economic headwinds
Orora has completed the simplification of its portfolio, focusing on its global beverage packaging operations and implementing cost-cutting measures to navigate challenging market conditions.
4DMedical receives gov’t funding to further develop lung scanner tech
Australian respiratory imaging tech company 4DMedical Limited has secured $1.1 million in funding from the Clinical Translation and Commercialisation Medtech (CTCM) program, an initiative of the Medical Research Future Fund delivered by MTPConnect.
War in Middle East drives Japan’s sharpest supply delays in 15 years
Japan’s manufacturing industry experienced a significant rebound at the start of the second quarter of the year, marking its healthiest performance in over four years.
Australian manufacturing sector extends expansion into December, S&P Global PMI shows
Australia’s manufacturing sector continued to expand in December, marking a second consecutive month of modest improvement in manufacturing conditions, according to the latest S&P Global Australia Manufacturing PMI data.
VEEM reports record financial results for FY24: NPAT soars by 70% to $7M
VEEM, a prominent designer and manufacturer of high-technology marine propulsion and stabilisation systems, has announced record financial results for the year ending 30 June 2024.
Incitec Pivot sells US ammonia facility for $2.5b
Incitec Pivot Limited has agreed to sell its ammonia manufacturing facility in Waggaman, Louisiana to CF Industries Holdings, Inc. (CF) for USD 1.675 billion (AUD 2.5 billion).
ARB Corp revenue slips 5.1% amid vehicle availability disruptions
ARB Corporation Limited is in the red on the release of the company’s first-half earnings, posting a 5.1 per cent sales revenue decline to $340.9 million compared with the prior period as vehicle availability continues to constrain sales in Australia and the United Kingdom.
March figures show decline in New Zealand’s manufacturing sector
New Zealand's manufacturing sector contracted in March and remains well below the long-term average signalling challenges for the sector, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
Australian manufacturing output declines for fifth consecutive month, S&P Global says
Australia's manufacturing sector recorded a fifth consecutive monthly decline in output in June, even as overall business conditions showed modest improvement, according to the latest S&P Global Australia Manufacturing PMI, with manufacturers continuing to face supply disruptions, elevated costs and subdued demand.
ACTU calls for 7% pay rise for lowest-paid workers to keep up with inflation
The Australian Council of Trade Unions (ACTU) is calling for a seven per cent pay rise for workers, which would lift the minimum hourly rate to $22.88 and the minimum annual full-time rate by $2966 to take it to $45,337.28.
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How a small pet food manufacturer supports a 5x increase in production capacity
For Advanced Pet Care of Australia, scaling into one of Australia’s top pet food manufacturers required more than new production capacity – it required better systems.
