Prestons logistics asset transacts for $58.255 mil at 3.35%
Pittwater Industrial purchases what may prove to be the most impressive industrial investment of 2022
Orica reports surge in full-year net profit, forecasts earnings boost for FY24
Mining and infrastructure solutions developer Orica Limited has revealed robust financial results for the year ending 30 September 2023, showcasing a significant uplift in performance driven by effective strategy execution and commercial discipline.
XTEK receives new SUAS spare parts order from Australian Defence
ASX-listed international defence industry company XTEK Limited secured a $3.4 million order contract with the Australian Department of Defence for the delivery of spare parts in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.
XTEK ships HighCom Armor equipment to US agency
XTEK Limited’s HighCom Armor Solutions has completed the manufacturing and delivery of more than 20,000 individual items for specialist ballistic protection equipment for a US federal government agency.
China’s manufacturing sector sees growth amid pandemic restrictions
The Caixin China General Manufacturing PMI has increased to 51.6 in February 2023 from 49.2 in January, marking the first uptick in the sector since last July and the highest reading in eight months, after an abrupt shift in COVID policy.
Orbital UAV secures $3m WA grant following performance milestone
Uncrewed aerial vehicle manufacturer Orbital UAV has received a $3 million grant from the Western Australian government after the company reached an agreed performance milestone during the second half of 2022.
Toyota Hilux to get 48V technology in 2024 with 10% better fuel economy
Toyota Australia is set to offer approximately 10 per cent fuel economy improvement for certain HiLux models, compared to the current 2.8-litre turbo diesel variants, when upgraded versions fitted with 48-volt technology arrive in the first half of 2024.
4DMedical partners with Philips to expand US Defence commercialisation
ASX-listed imaging technology developer 4DMedical Limited has signed a teaming agreement with Koninklijke Philips, a leading global healthcare company, to commercialise 4D Medical’s XV Technology within the US Department of Veterans Affairs.
Additive manufacturing, material market could surpass $183b by 2032 – report says
The market for additive manufacturing (AM) and materials could reach USD 183 billion (AUD 275 billion) by 2032, a 21.2 per cent spike in CAGR, as a result of the growing popularity of 3D printing, according to a market report from Future Market Insights.
Survey: New Zealand’s manufacturing sector expands in July
The BusinessNZ Performance of Manufacturing Index (PMI) reported an expansion for New Zealand’s manufacturing sector in July.
The seasonally adjusted PMI for July was 52.7...
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Navigating energy price volatility with predictive intelligence
Energy price volatility has become a structural feature of modern electricity markets rather than a temporary disruption. For energy-intensive manufacturers and large commercial operators, fluctuating wholesale prices are reshaping how energy costs are managed, making reactive approaches increasingly inadequate.
