Thursday, May 7, 2026

BlueScope confirms earnings guidance for FY2023 1H

Australian steel manufacturer BlueScope’s underlying earnings before interest and tax for the first half of fiscal year 2023 is expected to range between $800 million to $900 million. 

Global manufacturing sees growth in April but momentum may be short-lived – JP Morgan

The global manufacturing sector entered the second quarter of 2026 with significant momentum as output and new orders accelerated.

BluGlass GaN lasers meet performance benchmarks

Gallium nitride (GaN) laser diodes produced by BluGlass at its Silicon Valley feasibility are now achieving or exceeding manufacturer performance benchmarks, the company said in an ASX announcement. 

Global manufacturing PMI remains in contractionary territory at end of 2023

The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month. 

ReNu Energy invests additional $250,000 in battery casing manufacturer Vaulta

ReNu Energy has completed its third tranche investment in battery casing technology company Vaulta Holdings valued at $250,000 through the exercise of options from the first two tranches made in January and April. 

XTEK’s HighCom unit opens new distribution office in Poland

XTEK Limited’s HighCom Armor Solutions has established a new presence in Europe with a new European Sales & Distribution Office in Poland. 

Chinese manufacturing growth hits highest level since 2020 – RatingDog

The Chinese manufacturing sector experienced its most significant improvement over the past five years this April, according to the latest RatingDog China General Manufacturing Purchasing Managers’ Index (PMI).

Sparc Technologies secures nearly $1 million in R&D tax refund

Australian graphene production company Sparc Technologies has received a $934,195 research and development tax refund as part of the Australian government’s R&D tax incentive, relating to the 2022 financial year. 

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...

Australian manufacturing sees further decline in June— Ai Group

Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group. 
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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.