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IBM pays GlobalFoundries $1.5bn to shed its chip division

American multinational technology and consulting corporation IBM will pay $US1.5 billion ($A1.62 billion) to GlobalFoundries in order to offload its costly chip division, according...
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From ship repair to autonomous underwater vehicles: Griffin Industrial’s next chapter with growth capital

Some of Australia’s most critical manufacturing happens where almost no one sees it: inside a fuel tank on a Navy tanker, in a machine shop south of Perth, on a workshop floor in western Sydney where a team is helping build autonomous underwater vehicles. Griffin Industrial does all three.