Tuesday, October 8, 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,...

Aussie manufacturing sector records slower contraction in April – Judo Bank

Australia’s manufacturing sector experienced a slight contraction in April, but the pace of deterioration was notably slower than in previous months, according to the latest data from Judo Bank's PMI report.

IperionX to supply recycled titanium powder to SLM Solutions

IperionX Limited, a provider of sustainable titanium technologies, is delivering spherical titanium metal powders to global additive manufacturing system provider SLM Solutions under a newly signed memorandum of understanding (MOU). 

US private sector’s output drives fastest uptick in business activity in a year

The United States private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase. 

Quickstep to provide composite aerostructures for Carbonix’s long-range drone production

Quickstep, Australia’s largest independent aerospace composite company, has secured a $2.34 million contract with Carbonix for the production and supply of composite aerostructures for Carbonix’s latest long-range drone. 

Australian manufacturers’ economic outlook slumps in December

The outlook for Australia’s manufacturing sector has taken a dive in December following a sharp decrease in industry output, according to the latest Industrial Trends Survey conducted by Westpac and the Australian Chamber of Commerce and Industry (ACCI). 

ACTU calls for 7% pay rise for lowest-paid workers to keep up with inflation

The Australian Council of Trade Unions (ACTU) is calling for a seven per cent pay rise for workers, which would lift the minimum hourly rate to $22.88 and the minimum annual full-time rate by $2966 to take it to $45,337.28. 

DroneShield sees 2022 revenue spike to 60%

ASX-listed DroneShield has released its 2022 annual report, with another record year of revenue up by 60 per cent to $16.9 million.

Austin Engineering anticipates 18% surge in 1H FY24 revenue

Global engineering firm Austin Engineering has shared positive news with a forecasted 18 per cent improvement in its first-half results for the financial year ending 30 June 2024 (1H FY24).

Quickstep inks deal with TB2 for UAV development work

Aerospace composite manufacturer Quickstep has signed a contract with unmanned aerial vehicle (UAV) developer TB2 to provide engineering and structural integration services for the incorporation of the TB2 Pod Interface system into customer aircraft. 
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AI & Manufacturing Month with Australian Manufacturing

As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape.