New orders drag down Australian manufacturing PMI in September, says Judo Bank
Australia’s manufacturing industry continued to see deteriorating conditions in September amid a sharper decline in new orders, including from abroad.
Cann Group expects record revenue growth of 111% in FY23
Pharmaceutical company Cann Group Limited announced its FY23 unaudited results, with its operating revenue expected to be approximately $13.5 million, representing growth of 111 per cent or 2.1 times compared to the prior year revenue.
US manufacturing sees expansion in July, says Feds
The US manufacturing industry has shown growth beyond initial projections in July, according to a Reuters report citing the US Federal Reserve.
The Federal Reserve...
Higher wheel prices boost Carbon Revolution’s revenue to $18m
Geelong-based advanced manufacturer Carbon Revolution Limited has released its first half results for the financial year 2023 with revenue up by 2.3 per cent to $18 million compared to the prior period, reflecting a higher average wheel price.
Wide Open Agriculture to identify location for large-scale buntine protein manufacturing facility
Wide Open Agriculture (WOA) announced that it is moving forward in identifying a large-scale manufacturing plant for the production of buntine protein, a key ingredient in a variety of food applications.
FBR’s Hadrian X robot sets new speed record laying construction blocks
Robotic technology developer FBR Limited’s first next-generation Hadrian X robot has achieved a lay speed record of over 300 blocks per hour using USA format cement masonry blocks.
China manufacturing hits five-year high in February – RatingDog
China’s manufacturing sector has recorded its strongest growth rate in over five years in February, according to the latest PMI report.
Orora sees first half earnings soar to $165.8m, up 7.3%
Australia-based global packaging manufacturer Orora has announced its financial results for the half year with earnings before interest and tax (EBIT) of $165.8 million, up 7.3 per cent driven by strong earnings growth in North America and robust earnings performance in Australasia.
5E Advanced Materials kickstarts mining operations at 5E Boron Americas Complex
ASX-listed boron and lithium company 5E Advanced Materials has officially begun mining operations at its 5E Boron Americans Complex with the start of the wellfield injection process.
Australian Workers’ Union says new coal caps leave manufacturing industry exposed
The Australian Workers’ Union (AWU) said the new coal caps passed by the New South Wales Parliament today would leave industry exposed by not capping the price of coal sold to steel, chemical, and cement facilities.
Featured Article
Automotive canopy and tray manufacturer manages 6,000 SKUs with self-implemented ERP
Australian automotive accessories manufacturer Trig Point self-implemented an ERP system in just three months and gained control over its unwieldy component inventory, product customizations, and production processes. “We wouldn’t be able to manage that without a system like this,” says Chris Wasylkiw, Production Engineer.
