Sparc’s new Adelaide-based graphene manufacturing facility now underway
Sparc Technologies said construction has begun for its new modular and scalable manufacturing facility for graphene-based additive products in Adelaide.
Contractionary conditions ease for Aussie industries in September – Ai Group
The Ai Group Australian Industry Index has witnessed a reduction in contractionary conditions, marking an improvement of 8.2 points to reach a seasonally adjusted value of -3.5 points in September 2023.
Saunders International acquires Automation IT to expand tech infrastructure
Saunders International, a construction engineering company, has acquired Automation IT, a specialist automation and control systems engineering business, in a push to expand the former’s capabilities across industrial automation and technology solutions.
Global 3D printing high-performance plastic market expected to grow at 8.5% CAGR by 2029
The market for high-performance plastics used in 3D printing is expected to expand significantly between 2023 and 2029, with a compound annual growth rate (CAGR) of 8.45 per cent, reaching a value of USD 184.5 million by that year, according to market research firm BlueWeave Consulting.
Australian industry remains in contraction for a year— Ai Group
The Australian industry marked its 12th consecutive month in construction territory after seeing a fallback in demand and activity in April.
Tritium unveils $57 million record revenue in year-to-date report
Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has generated $57 million in revenue from 1 January 2023 to 30 April 2023, reflecting a year-over-year growth rate of 237 per cent from last year’s $17 million profit.
Titomic awarded CoBRAIN grant for automated cold spray applications
Metal additive manufacturing company Titomic has received a $400,000 CoBRAIN grant as part of the European Union’s Horizon Europe initiative.
Manufacturing slips into contraction as inflation pressures mount, S&P Global says
Australia’s manufacturing sector moved back into contraction in March, according to data from S&P Global, with the downturn driven by weaker demand and rising cost pressures linked in part to geopolitical tensions.
Global manufacturing index declines for the first time since 2020
Business conditions in the global manufacturing sector have made a gloomy turn in September, according to JPMorgan Global Manufacturing Purchasing Managers’ Index (PMI).
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RWC signs $160M acquisition of Holman Industries
Reliance Worldwide Corporation (RWC) has agreed to acquire Holman Industries, a leading manufacturer and distributor of branded plumbing and watering products in Australia, for $160 million.
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