Saturday, May 2, 2026

JP Morgan: Global manufacturing growth remains modest at year-end

Global manufacturing conditions ended 2025 on a subdued footing, with growth remaining modest as output expanded slightly while new orders and employment were broadly unchanged, according to the December JP Morgan Global Manufacturing PMI report.

Orbital kickstarts UAS engine delivery for Australian Army contract

Orbital UAV has begun the delivery of engine builds for Insitu Pacific’s next-generation tactical UAS for the Australian Army.

Austal reports strong growth, eyes further expansion in 2025

Austal Limited has reported strong financial growth in the first half of the 2025 financial year, with earnings exceeding expectations and a record order book supporting future expansion.

Cann Group expects record revenue growth of 111% in FY23

Pharmaceutical company Cann Group Limited announced its FY23 unaudited results, with its operating revenue expected to be approximately $13.5 million, representing growth of 111 per cent or 2.1 times compared to the prior year revenue.

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. 

IperionX inks partnership with Aperam Recycling for 100% recycled titanium supply chain

IperionX has partnered with Aperam Recycling’s American entity, ELG Utica Alloys, to establish a low-carbon, 100-per cent recycled titanium supply chain. 

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. 

VEEM reports record financial results for FY24: NPAT soars by 70% to $7M

VEEM, a prominent designer and manufacturer of high-technology marine propulsion and stabilisation systems, has announced record financial results for the year ending 30 June 2024. 

Brickworks and Goodman Group launch $416 million manufacturing property trust joint venture

Australian brick manufacturer Brickworks and commercial property company Goodman Group have established a joint venture, Brickworks Manufacturing Trust, which will be comprised of a...

JP Morgan reveals global manufacturing output hits 22-month high in May

The global manufacturing sector experienced an upswing in May, with significant improvements in both output and new orders, according to the JP Morgan Global Manufacturing PMI.
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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.