Building materials leader CSR agrees to buy Woven Image to scale market offering
Australian building products company CSR Limited has agreed to acquire Woven Image, a leading company in sustainable design-led acoustic finishes and textiles for $43 million.
Quickstep delivers record order book, books extensive drone contracts in FY23
Quickstep, a manufacturer of aerospace composites, has published an update on its business performance for FY23, delivering a record-breaking forwards order book for FY24 and FY25 and receiving $264 million in new orders and order commitments.
BlueScope announces $851m EBIT for FY2023’s first half
ASX-listed steelmaker BlueScope has posted an underlying EBIT of $851 million and a net profit after tax (NPAT) of $599 million for the first half of fiscal year 2023.
Hazer delivers positive half-year results, expands strategic partnerships
Hazer Group has reported a strong start to the financial year, outlining key operational and financial achievements in its half-year results for FY25.
Australian private sector continues expansion streak in June— Judo Bank
Australia’s private sector has remained in expansion at the end of the second quarter of the year, despite the manufacturing sector posting below the 50.0 neutral mark in June, according to the Judo Bank’s latest PMI report.
Manufacturing among sectors supporting Australia’s rise in new capex, ABS says
Australia’s manufacturing sector featured prominently in the latest increase in business investment, with new capital expenditure rising 6.4 per cent in the September quarter, according to figures released by the Australian Bureau of Statistics (ABS).
Orbital UAV to raise $4M to boost engine development programs
Orbital UAV is raising $4 million through the issue of approximately 28.6 million new fully paid ordinary shares at an issue price of $0.14 per new share to support its existing engine development programs.
ReNu Energy invests additional $250,000 in battery casing manufacturer Vaulta
ReNu Energy has completed its third tranche investment in battery casing technology company Vaulta Holdings valued at $250,000 through the exercise of options from the first two tranches made in January and April.
Global factory output surge amid aggressive front-loading – JP Morgan
Global manufacturing production reached a near five-year high in May as clients purchased goods earlier to protect themselves against price increases and supply chain disruptions.
Orora acquires bottle manufacturing company Saverglass
Australian packaging manufacturer Orora Limited has completed the 100 per cent acquisition of Saverglass SAS, a global company that specialises in the manufacturing, customisation and decoration of high-end glass bottles for wine, cosmetics, perfume, food, and spirit markets.
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How AI-enabled cloud ERP is redefining growth for manufacturing leaders
Manufacturing leaders are entering a new phase of supply chain transformation, where growth is increasingly determined by how quickly and intelligently organisations can respond to change.
