JP Morgan: Global manufacturing shows resilience despite weak trade, job growth
The global manufacturing sector saw continued but modest expansion in October, with output and new orders both rising for the third consecutive month, according to the latest JP Morgan Global Manufacturing PMI released in collaboration with S&P Global Market Intelligence, ISM, and IFPSM.
Australian Manufacturing PMI in April reaches 35-month low amid weak demand
Weak demand in the Australian manufacturing sector has driven the country’s Purchasing Managers Index (PMI) to a 35-month low, according to the latest data from Judo Bank.Â
New Zealand’s PMI dips by 2.8 points in September
New Zealand’s manufacturing industry saw a slower expansion rate in September, according to the latest BusinessNZ Performance Manufacturing Index.Â
Energy market watchdog AEMO issues urgent call for Marinus Link project development
The Australian Energy Market Operator (AEMO) has highlighted the urgent need for reliable and clean energy that will come from the Marinus Link energy...
Orbital UAV secures $3m WA grant following performance milestone
Uncrewed aerial vehicle manufacturer Orbital UAV has received a $3 million grant from the Western Australian government after the company reached an agreed performance milestone during the second half of 2022.Â
Rio Tinto reports manufacturing-facing metals drive production growth in 2025
Rio Tinto has reported an 8 per cent year-on-year increase in copper equivalent production for 2025 and record quarterly output across several product groups, according to its latest ASX operations review.
Titomic’s glass mould coating system clears European site acceptance test
Additive manufacturing company Titomic Limited said its glass mould coating system delivered to Vetropack in Austria has passed TUV Austria’s site acceptance test.Â
VEEM reports record financial results for FY24: NPAT soars by 70% to $7M
VEEM, a prominent designer and manufacturer of high-technology marine propulsion and stabilisation systems, has announced record financial results for the year ending 30 June 2024.Â
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.
Australian company Novonix to produce battery materials in MENA region
Battery technology company Novonix has partnered with TAQAT Development Company to establish an incorporated joint venture that will produce anode materials needed for manufacturing...
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APS Industrial expands regional footprint with Control Technologies acquisition
APS Industrial (APS) is expanding its regional presence through the acquisition of Albury-based Control Technologies, a move the industrial products supplier said will strengthen its local service capability and support further investment in warehousing, stockholding and technical support.
