Matrix wins contract to manufacture drilling riser buoyancy modules for TransOcean
Matrix Composites & Engineering has received a contract, projected to be valued at $4 million, to supply offshore drilling contractor TransOcean with drilling riser buoyancy modules.
Eurozone manufacturing PMI slips in June demand, production decrease further
Conditions in the Eurozone manufacturing sector have seen a more intense downturn in June, as production contracts for the third month in a row, according to the latest HCOB PMI survey.
Australian industry slips further into contraction over fall in new orders
The Ai Group Australian Industry Index slumped further in March as the industry sees a fall in demand, while the manufacturing sector rebounded led by improvements in the chemicals and food & beverage sectors.
Eurozone manufacturing remains ‘in troubled waters’ in March— S&P Global
The health of the Eurozone’s manufacturing industry reached a four-month low in March with the S&P Global Eurozone Manufacturing PMI reporting a 47.3 rating, down from February’s 48.5.
Toyota Hilux to get 48V technology in 2024 with 10% better fuel economy
Toyota Australia is set to offer approximately 10 per cent fuel economy improvement for certain HiLux models, compared to the current 2.8-litre turbo diesel variants, when upgraded versions fitted with 48-volt technology arrive in the first half of 2024.
Australian private sector continues to slow down in December
The latest Judo Bank Australia Composite PMI result marks a decline from November’s 48.0 and signals a third consecutive contraction in private sector output.
AML3D boosts US presence with new US Navy alloy testing contract
Wire Additive Manufacturing developer AML3D Limited has signed a contract for an alloy characterisation and testing program to support the US Navy’s submarine industrial base.
4DMedical partners with Philips to expand US Defence commercialisation
ASX-listed imaging technology developer 4DMedical Limited has signed a teaming agreement with Koninklijke Philips, a leading global healthcare company, to commercialise 4D Medical’s XV Technology within the US Department of Veterans Affairs.
Core Lithium opens Northern Territory’s first lithium mine
ASX-listed mining company Core Lithium has opened its $89 million Finniss Lithium mine in the Northern Territory.
Australian PMI contracts to 44.7 in 2022’s final result
Australia’s Performance of Manufacturing Index (PMI) slipped further into contraction territory in November following three months of flat conditions.
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Australian Manufacturing Week 2026 to make Brisbane debut
Australia’s leading advanced manufacturing showcase, Australian Manufacturing Week (AMW), is set to return in 2026, marking its first-ever event in Brisbane.
