PMI data shows Aussie manufacturing at three-month high in July
Australia’s manufacturing sector gained momentum in July, marking its strongest performance in three months, according to the latest S&P Global Australia Manufacturing Purchasing Manager’s Index (PMI®) report.
March figures show decline in New Zealand’s manufacturing sector
New Zealand's manufacturing sector contracted in March and remains well below the long-term average signalling challenges for the sector, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
New report says EV sales to more than double in 2023, but outdated laws...
The Electric Vehicle Council has published its annual State of Electric Vehicles report, revealing that while EV sales are expected to more than double in 2023, Australia will continue to trail behind comparable nations in terms of customer choice unless critical legislative reform is implemented.
Vocational apprenticeship completion rates drop in latest industry report
Completion rates for apprentices and trainees who began training in 2017 decreased to 55.7 per cent, a 1.2 per cent drop compared to the...
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.
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.
Stratasys and Desktop Metal to merge in deal valued at USD 1.8b
Additive manufacturing companies Stratasys and Desktop Metal have announced they have entered into a definitive agreement where the two companies will combine in an all-stock transaction valued at around USD 1.8 billion (AUD 2.77 billion).
EcoGraf to evaluate battery anode material manufacturing facility development in Vietnam
ASX-listed battery manufacturing company EcoGraf has teamed up with Vietnamese clean energy solutions provider VinES Energy to evaluate the development of a Vietnam-based battery anode material (BAM) facility.
Bega Cheese sees 11% increase in revenue for FY2023’s first half
Bega Cheese Limited generated a revenue of more than $1.6 billion in the first half of fiscal year 2023, which ended on 25 December 2022. The figure marks an 11 per cent increase compared to the prior year’s results.
AstraZeneca backs LBT Innovations’ drug manufacturing AI development
LBT Innovations has partnered with AstraZeneca to develop artificial intelligence software that would be used in drug manufacturing.
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How AI-enabled cloud ERP is redefining growth for manufacturing leaders
Manufacturing leaders are entering a new phase of supply chain transformation, where growth is increasingly determined by how quickly and intelligently organisations can respond to change.
