Orica appoints Kim Kerr as chief financial officer
Global mining company Orica has appointed Kim Kerr as its new chief financial officer, effective 11 October.
Australian manufacturing PMI sees stability amid improvement in new orders
Australia’s manufacturing sector has seen a further expansion in February amid a moderated decrease in new orders as firms worked through their outstanding orders.
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.
Stratasys releases strong Q2 2023 financial results
Additive manufacturing giant Stratasys announced its financial results for the second quarter of 2023, showcasing the company’s impressive revenue of $159.8 million, which is 1.6 per cent higher compared to the same period last year.
US manufacturing records slowest expansion pace in October
The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results.
Quickstep to supply F-35 vertical tail components in new contract
Quickstep Holdings has secured an $11.3 million purchase order for its Lot 17 F-35 vertical tail components from Marand Precision Engineering, a longstanding to Quickstep on the F-35 program.
China’s manufacturing sector sees growth amid pandemic restrictions
The Caixin China General Manufacturing PMI has increased to 51.6 in February 2023 from 49.2 in January, marking the first uptick in the sector since last July and the highest reading in eight months, after an abrupt shift in COVID policy.
Survey: New Zealand’s manufacturing sector expands in July
The BusinessNZ Performance of Manufacturing Index (PMI) reported an expansion for New Zealand’s manufacturing sector in July.
The seasonally adjusted PMI for July was 52.7...
Australia’s manufacturing sector returns to growth in November, S&P Global data shows
Australia’s manufacturing sector returned to expansion in November, supported by rising new orders and production, according to the latest PMI data from S&P Global.
Alcoa reports $231m net loss as production, shipments decline in Q1
Australian mining firm Alumina Limited announced Alcoa Corporation’s Q1 earnings results, revealing a loss of $231 million, which is a significant contrast to the profit the company recorded in the same period a year earlier, owing to a decrease in shipments and production.
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