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SPC Global resets manufacturing strategy, cuts investment to $3M

SPC Global Holdings Ltd has announced it will reshape its manufacturing network following its recent merger, a move the company says is expected to deliver more than $8 million in annual savings from FY27 while reducing planned capital expenditure.
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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.