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Magnis buys equipment to bolster production at New York battery plant

The new equipment and machinery will form part of a full assembly line to further advance technology and production capacity. Magnis Energy Technologies Ltd (ASX:MNS)...
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.