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K-TIG says conditions for acquiring Graham Engineering have not yet been met

Australia-based precision welding technology company K-TIG Limited reported that the share purchase agreement (SPA) to acquire Graham Engineering Limited (GEL) has reached its sunset date of 31 August 2023 with a number of conditions precedent that have not yet been satisfied.
The new state-of-the-art plasma beamline cutting steel tube and beams

BlueScope updates external reporting segments to streamline North America operations

BlueScope is set to make modifications to its external reporting segments to consolidate and simplify the reporting of its North American operations, following its recent acquisitions in the United States.

Quickstep to establish Kansas manufacturing plant to expand US market presence

Aerospace composite manufacturer Quickstep announced the selection of Wichita, Kansas as the preferred location for its first engineering and manufacturing facility in the United States. 

Cann Group expects record revenue growth of 111% in FY23

Pharmaceutical company Cann Group Limited announced its FY23 unaudited results, with its operating revenue expected to be approximately $13.5 million, representing growth of 111 per cent or 2.1 times compared to the prior year revenue.

Matrix wins contract to manufacture drilling riser buoyancy modules for TransOcean

Matrix Composites & Engineering has received a contract, projected to be valued at $4 million, to supply offshore drilling contractor TransOcean with drilling riser buoyancy modules. 

4DMedical reveals progress in CT-based ventilation-perfusion product

Medical equipment manufacturing company 4DMedical Limited said it has made material progress in the development of its CT-based ventilation-perfusion product (CT:VQ), which quantifies and visualises regional ventilation and regional perfusion.

Archer Materials becomes first Australian business to join World Economic Forum’s C4IR Partnership

Archer Materials Limited, a semiconductor company that advances the quantum computing and medical diagnostics industries, has become the first Australian company to partner with the World Economic Forum's Centre for the Fourth Industrial Revolution (C4IR), creating new opportunities for Archer Materials.

Altech begins production of two 60KWh battery pack prototypes

Altech Batteries (ATC) has begun production and fabrication of two 60 kilowatt hour (KWh) battery pack prototypes at the Fraunhofer IKTS facility in Hermsdorf, Germany.

4DMedical completes $20m placement for respiratory imaging platform commercialisation

Respiratory imaging technology company 4DMedical Limited has completed a share placement worth $20 million to accelerate the commercialisation of its four-dimensional respiratory imaging platform.

Austin Engineering completes first shipment of Indonesia-manufactured truck trays

ASX-listed global engineering firm Austin Engineering announced the completion of the first shipment of fully manufactured and assembled truck trays from its Indonesian facility in Batam, which have been delivered directly into Western Australia's (WA) Pilbara mining region.
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