Monday, October 7, 2024

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. 

DroneShield sees 2022 revenue spike to 60%

ASX-listed DroneShield has released its 2022 annual report, with another record year of revenue up by 60 per cent to $16.9 million.

Wide Open Agriculture to identify location for large-scale buntine protein manufacturing facility

Wide Open Agriculture (WOA) announced that it is moving forward in identifying a large-scale manufacturing plant for the production of buntine protein, a key ingredient in a variety of food applications.

Australian Manufacturing PMI declines to 50.2 in December— Judo Bank

Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2. 

AM market exceeds $3B revenue in Q3 2022

The additive manufacturing market has seen a continuous year-over-year growth for the third quarter of 2022, marking the fourth consecutive quarter that the entire AM industry saw revenue exceeding $3 billion. 

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...

Metal 3D printing market size to worth around USD $16b by 2031

A recent report from SmarTech Analysis revealed that the metal additive manufacturing (AM) services revenue is forecasted to reach USD 16.1 billion (AUD 24 billion) by 2031.

First Graphene, partners secure CRC-P grant for graphene-enhanced solar cell research

Graphitic materials supplier First Graphene said its collaborative project with Halocell Energy and the Queensland University of Technology to commercialise perovskite solar cell fabrication has received a Cooperative Research Centres Project (CRC-P) grant worth $2 million. 

US manufacturing records slowest expansion pace in October

The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results. 

AML3D posts record quarterly cash receipts amid boost in ARCEMY sales

Wire additive manufacturing developer AML3D Limited has received more than $1 million in customer cash receipts, setting a new quarterly earnings record for the company. 
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AI & Manufacturing Month with Australian Manufacturing

As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape.Â