Orica acquires leading geospatial tools maker Axis Mining Technology
ASX-listed mining company Orica has completed the acquisition of Axis Mining Technology, a manufacturing leader for specialised geospatial tools and instruments for the mining industry.
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.
Orica reports strong half-year performance driven by core blasting business
Orica has reported robust financial results for the half-year period driven by a surge in earnings from its core blasting business and growth in technology and digital solutions.
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.
Global manufacturing downturn in October marks longest deterioration sequence since 2002 – JP Morgan
The global manufacturing industry continued to see contractionary conditions in October as output declined for the fifth consecutive month dragged by further deterioration in new orders.
Aluminium Revolutionary Chassis Company receives funding from Macquarie Group and Origin Energy to accelerate...
Aluminium Revolutionary Chassis Company (ARCC), the developer and manufacturer of Australia’s first lightweight bolted aluminium city bus chassis, has secured strategic investment from Macquarie Group and Origin Energy.
ANZ businesses need ESG scorecard boost to attract investors, research reveals
A study conducted by Intuit Research has highlighted the significance of environmental, social and governance (ESG) sustainability scorecard for businesses in Australia and New Zealand to attract more investors.
Bosch hits 2022 targets, secures growth opportunities
German engineering company Bosch said it was able to boost sales and performance in the fiscal year 2022 “despite the challenging macroeconomic situation” with overall sales of €88.4 billion (AUD $137.5 billion), according to preliminary figures.
Drone tech provider Nightingale Security secures contracts with global giants
ASX-listed drone manufacturer Nightingale Intelligence Systems is wrapping up the year with new contracts with global giants including energy company Haliburton and global information management company Iron Mountain.
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.
Featured Article
How growth capital is helping an Australian manufacturer go global
There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.
