Monday, June 16, 2025

RWC signs $160M acquisition of Holman Industries

Reliance Worldwide Corporation (RWC) has agreed to acquire Holman Industries, a leading manufacturer and distributor of branded plumbing and watering products in Australia, for $160 million. 

BlueScope Distribution launches new aluminium routing machine

BlueScope Distribution Melbourne has completed the installation of its new CNC flatbed aluminium routing machine, which will enable the processing of products for customers across a wide range of manufacturing industries. 

New orders drag down Australian manufacturing PMI in May— Judo Bank

The health of Australia’s manufacturing industry has continued to see a downturn in May, with the headline seasonally adjusted Judo Bank Australia Manufacturing PMI posting a 48.4, up from April’s 48.0. 
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Unlocking growth: Charting midsize manufacturers’ path with digital solutions

According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.