Thursday, May 7, 2026

Eurozone’s composite output eases in December amid improved supply

Eurozone’s PMI Composite Output Index saw a significant increase for the second consecutive month, increasing from November’s 47.8 to a four-month high of 48.8. 

Titomic doubled down on revenue diversification in FY22

Global cold-spray additive manufacturing company Titomic has reported a sales revenue of $3.8 million for fiscal year 2022, a seven-time increase compared to that...

Austin Engineering announces financial report for FY2022

ASX-listed global engineering firm Austin Engineering has reported a 525 per cent growth in net profit after tax (NPAT) in its 2022 financial report.  Austin...

Imricor gets green light to enter Saudi Arabian market

Imricor Medical Systems, an ASX-listed developer of MRI-compatible medical devices, has received Medical Marketing Authorisation from the Saudi Food & Drug Authority (SFDA). 

Australian manufacturing PMI enters contraction territory in March

Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020. 

PYC eyes AI-powered drug discovery partnership with Google Cloud

Clinical-stage biotechnology company PYC Therapeutics said it plans to partner with Google Cloud to build custom-designed machine learning models to develop a new generation of precision medicine models. 

China’s manufacturing sector sees slight improvement in September

The Caixin China General Manufacturing PMI has slipped from 51.0 in August to 50.6 at the end of the third quarter, suggesting a marginal improvement and marking the second consecutive month of enhanced sector health.

Judo Bank: Australia’s manufacturing PMI slips to 50.0 in January

The manufacturing sector in Australia slipped into stagnation in January with a manufacturing Purchasing Managers’ Index (PMI) score of 50.0, down from 50.2 in December 2022, marking the conclusion of a 31-month growth streak.

JP Morgan: Global manufacturing growth remains modest at year-end

Global manufacturing conditions ended 2025 on a subdued footing, with growth remaining modest as output expanded slightly while new orders and employment were broadly unchanged, according to the December JP Morgan Global Manufacturing PMI report.

Global Manufacturing PMI’s decline eases in January— JP Morgan

Global manufacturing output and new orders have shown slower contraction in the first month of 2023, resulting in a 49.1 PMI score in January, up from December’s 48.7 rating. 
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Automotive canopy and tray manufacturer manages 6,000 SKUs with self-implemented ERP

Australian automotive accessories manufacturer Trig Point self-implemented an ERP system in just three months and gained control over its unwieldy component inventory, product customizations, and production processes. “We wouldn’t be able to manage that without a system like this,” says Chris Wasylkiw, Production Engineer.