Wednesday, July 3, 2024

Manufacturing and mining turnover decline in July, according to the ABS

Australia’s manufacturing industry’s turnover significantly slipped by 3.8 per cent in July, breaking the continuous rises of the sector in the five months prior,...

Quickstep looks to expand Aftermarket unit after review

Quickstep, a leading aerospace composite business in Australia, has decided to keep its Aftermarket business as a core part of the company and is planning to enhance the business through several new growth initiatives 

Quickstep to manufacture F-35 components for Northrop Grumman

Northrop Grumman has signed a six-year contract with Quickstep Holdings for the delivery of Australian-made components for the F-35 aerospace program. 

Australian cake and pastry manufacturers face competitive, consumer shifts – report

The Cake and Pastry Manufacturing industry in Australia is experiencing significant shifts due to evolving consumer preferences, volatile commodity prices, and intense competition, according to a recent report published by IBISWorld.

JP Morgan reveals global manufacturing output hits 22-month high in May

The global manufacturing sector experienced an upswing in May, with significant improvements in both output and new orders, according to the JP Morgan Global Manufacturing PMI.

Eurozone’s final manufacturing PMI in 2022 rises to 3-month high

Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers. 

FBR to evaluate Hadrian X robot under US demonstration program

FBR Limited, an ASX-listed robotic technology company, has signed a demonstration program agreement with CRH Ventures America to jointly construct up to 10 houses in the United States with FBR’s Hadrian X construction robot. 

Australian company Novonix to produce battery materials in MENA region

Battery technology company Novonix has partnered with TAQAT Development Company to establish an incorporated joint venture that will produce anode materials needed for manufacturing...

Quickstep collaborative project to reduce composite production cost

Aerospace composite manufacturer Quickstep has collaborated with the Sovereign Manufacturing Automation for Composites CRC (SoMAC CRC) and Deakin University’s Institute for Intelligent Systems Research and Innovation to help address the high cost of large-scale composite production. 

Eurozone manufacturing PMI at 48.5 in February

The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in February, falling slightly from 48.8 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, up from 48.9 in January.
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The future of steel engineering: Using CRM systems across supply chains

The construction industry has undergone significant transformation over the past twenty years. Speedpanel, a leading Australian manufacturer of lightweight, fire-rated, and acoustic wall systems, made a groundbreaking entrance in the early '90s, revolutionising the Australian construction landscape.