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Genesis Energy ramps up renewables with $1.1B Gen35 program

ASX-listed Genesis Energy is planning to allocate profits from the Kupe gas field to fund a $1.1 billion initiative aimed at constructing new renewable generation and large-scale battery storage by 2030.

New Zealand’s manufacturing PMI on a ‘downward spiral’ in October

Market activity in New Zealand’s manufacturing industry has gone on a downward spiral into contraction in October, according to the latest BusinessNZ Performance of Manufacturing Index (PMI). 

Swisslog rolls out off-the-shelf warehouse automation solution for Australian, NZ SMEs

Swisslog, a leading player in the intralogistics market, has launched a standardised “off-the-shelf” version of its AutoStore roboticised storage and order processing solution in Australia and New Zealand. 

Fisher & Paykel Healthcare manufactures solo mask for sleep apnea in New Zealand and...

Fisher & Paykel Healthcare Corporation Limited, a designer, manufacturer and marketer of products and systems for use in respiratory care, has unveiled the F&P Solo mask, designed to transform the treatment of obstructive sleep apnea (OSA).

VAILO secures spot in AFR’s Most Innovative Companies in Australia, NZ

Australian Financial Review (AFR) has named lighting technology company VAILO as one of Australia and New Zealand’s Most Innovative Companies in the Manufacturing & Consumer Goods category. 

Fonterra reports strong earnings amid challenges in FY23

New Zealand dairy giant Fonterra announced its financial results for the fiscal year ending on 31 July 2023, with full-year earnings of 95 cents per share, with a profit after tax of $1.6 billion and a final Farmgate Milk Price of $8.22 per kgMS for the 2022/23 season. 

New Zealand manufacturing PMI slips further in August, says BusinessNZ

New Zealand’s manufacturing industry continues to slip further into contraction in August, with the BusinessNZ Performance of Manufacturing Index (PMI) posting a 46.1 reading, down from July’s 46.6. 

Fresenius Medical Care’s NSW manufacturing plant now powered with renewable energy

Fresenius Medical Care, a global provider of products and services for individuals with renal diseases, has equipped its local manufacturing facility in Smithfield with renewable solar energy. 

Siemens selects APS’ Adelaide site as manufacturing, assembly hub for air circuit breakers

Siemens has chosen APS Industrial’s Adelaide site to become the first non-Siemens facility worldwide to adapt and assemble Siemens’ air circuit breaker (ACB) with the opening of a new manufacturing facility in Adelaide. 

Harvest B enters distribution deal with NZ supplier to manufacture novel plant proteins

Australian plant-based protein manufacturer Harvest B has signed a distribution agreement with fourth-generation family-owned, food distribution business Dunninghams to bring novel plant proteins to New Zealand.
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Reality check: Aussie factories’ journey to responsible AI implementation

Artificial intelligence has become more than just a buzzword as it promises to revolutionise every other industry in the world, including manufacturing. In Australia, in particular, the hype surrounding AI and automation has reached a fever pitch, with many business leaders leveraging their resources to race towards adoption and implementation.