General Motors taps Aussie company Element 25 to help expand US EV supply chain
Element 25, a producer of manganese concentrate in Western Australia, has partnered with General Motors to support the production of over 1 million electric vehicles (EV) in North America.
Australia’s manufacturing growth eases as PMI slips to 51.4 in September
Australia’s manufacturing sector continued to expand in September, although at a slower pace, according to the latest S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) report.
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.Â
Global factory output surge amid aggressive front-loading – JP Morgan
Global manufacturing production reached a near five-year high in May as clients purchased goods earlier to protect themselves against price increases and supply chain disruptions.
3D Systems sets forth an enhanced proposal to merge with Stratasys
3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock.Â
Mayne Pharma sells US retail generics portfolio for $134 million
Australian pharmaceutical manufacturing company Mayne Pharma has completed the sale of its US retail generics portfolio to Dr. Reddy’s Laboratories for approximately $134 million.Â
Orica reports surge in full-year net profit, forecasts earnings boost for FY24
Mining and infrastructure solutions developer Orica Limited has revealed robust financial results for the year ending 30 September 2023, showcasing a significant uplift in performance driven by effective strategy execution and commercial discipline.
Weebit Nano raises $15 million in oversubscribed SPP
ASX-listed semiconductor developer Weebit Nano Limited has collected nearly $15 million in an upsized and scaled-back share purchase plan (SPP) for existing shareholders.Â
Cement maker James Hardie posts $201 million APAC income for Q1 2023
ASX-listed cement manufacturing company James Hardie Industries has posted a $200.1 million revenue from its fibre cement segment sales in the Asia Pacific for...
Australia’s manufacturing sector saw slower expansion in July, says Ai Group
The Australian Industry Group’s latest Australian Performance of Manufacturing Index (PMI) has shown a weaker rate of expansion compared to the industry’s performance in...
Featured Article
Behind the Australian Made logo: Six manufacturers shaping local industry
Australian manufacturers are continuing to invest in local production, innovation and sustainability across a wide range of industries. From textiles and packaging to construction and advanced manufacturing, Australian Made licensees are developing products tailored to local conditions while supporting Australian jobs and capabilities.
