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.
CIMIC’s Sedgman buys Canadian engineering and metallurgy company Novopro
Sedgman, a CIMIC Group subsidiary, has acquired Novopro Projects Inc, a Canadian engineering and metallurgy firm that provides technical services and process equipment to projects in North America, Europe, Africa, the Middle East, and Australia.
IperionX secures $20 million placement to expand titanium production
Sustainable titanium metal producer IperionX Limited has completed a $20 million placement to advance and scale the company’s patented titanium technologies.
March sees surge in global manufacturing output – JP Morgan PMI report
In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.
Australian manufacturing output declines for fifth consecutive month, S&P Global says
Australia's manufacturing sector recorded a fifth consecutive monthly decline in output in June, even as overall business conditions showed modest improvement, according to the latest S&P Global Australia Manufacturing PMI, with manufacturers continuing to face supply disruptions, elevated costs and subdued demand.
Amaero International pays settlements over cancelled Victorian powders project
Additive manufacturing company Amaero International has announced the settlements of two disputes over a cancelled titanium powder production facility in Victoria.
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).
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...
JP Morgan: Global factory activity expands for second month in September
Global manufacturing activity continued to expand in September, supported by rising output and new orders, according to the latest JP Morgan Global Manufacturing PMI report, compiled by JP Morgan in partnership with S&P Global Market Intelligence, ISM, and IFPSM.
XTEK’s HighCom receives $2.8M ballistic armour order from int’l customer
XTEK Limited’s HighCom Armor Solutions business has secured a $2.8 million order to supply its high-end ballistic body armour products to an undisclosed international customer.
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.
