Orora acquires bottle manufacturing company Saverglass
Australian packaging manufacturer Orora Limited has completed the 100 per cent acquisition of Saverglass SAS, a global company that specialises in the manufacturing, customisation and decoration of high-end glass bottles for wine, cosmetics, perfume, food, and spirit markets. Â
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.Â
Austin Engineering anticipates 18% surge in 1H FY24 revenue
Global engineering firm Austin Engineering has shared positive news with a forecasted 18 per cent improvement in its first-half results for the financial year ending 30 June 2024 (1H FY24).
Toyota Hilux to get 48V technology in 2024 with 10% better fuel economy
Toyota Australia is set to offer approximately 10 per cent fuel economy improvement for certain HiLux models, compared to the current 2.8-litre turbo diesel variants, when upgraded versions fitted with 48-volt technology arrive in the first half of 2024.
Hazer delivers positive half-year results, expands strategic partnerships
Hazer Group has reported a strong start to the financial year, outlining key operational and financial achievements in its half-year results for FY25.Â
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.Â
Silex Systems to drive laser enrichment tech commercialisation with $120m placement
Laser technology developer Silex Systems has raised $120 million from an institutional placement after receiving strong support from local and international investors.Â
Australia’s manufacturing sector records first contraction of 2025, S&P Global reports
Australia’s manufacturing sector contracted for the first time this year, as new orders declined both domestically and overseas, according to the latest S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI).
Titomic’s expanded revenue strategy with new manufacturing milestones
Metal additive manufacturing company Titomic Limited’s revenue strategy has continued to gain momentum in the third quarter of 2023 after new channels were added to drive innovation in various manufacturing industries.Â
Australian private sector continues expansion streak in June— Judo Bank
Australia’s private sector has remained in expansion at the end of the second quarter of the year, despite the manufacturing sector posting below the 50.0 neutral mark in June, according to the Judo Bank’s latest PMI report.Â
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Why manufacturers are embracing AI-powered smart supply chains
Manufacturers are facing an increasingly volatile environment, where rapid changes in demand, supply chain disruptions, and continued cost pressures are transforming the way products are planned, made, and delivered.
