BAE Systems acquires Radio Frequency Systems as part of national high frequency investment
BAE Systems Australia has purchased Radio Frequency Systems (Australia), a wholly owned subsidiary of Radio Frequency Systems (Germany), following the company's German parent's decision to exit the defence market.
5E Advanced Material announces new CEO
Boron and lithium manufacturer 5E Advanced Materials has named Susan Seilheimer Brennan as its new CEO beginning on 24 April.
Manufacturing PMI rises in April as supply disruptions and inflation intensify, S&P Global says
Australia’s manufacturing sector returned to expansion in April, but underlying conditions remained weak as inflationary pressures and supply disruptions intensified, according to S&P Global.
Germany’s private sector activity sees downturn in August
Market activity in Germany’s private sector slipped for the second consecutive month and at a faster rate, according to the S&P Global’s Flash purchasing...
Australian water treatment manufacturer expands in Asia with new Vietnam HQ
Waterco Limited has expanded its Asian operations with a newly opened branch in Vietnam.
Australian Producer Price Index reports positive figures as manufacturing input prices went up
The Australian Producer Price Index has increased by 5.2 per cent in Q1 year-over-year versus a forecasted 5.0 per cent, while input prices to manufacturing rose 0.6 per cent over the quarter and rose 5.0 per cent over the past 12 months.
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.
XTEK receives new SUAS spare parts order from Australian Defence
ASX-listed international defence industry company XTEK Limited secured a $3.4 million order contract with the Australian Department of Defence for the delivery of spare parts in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.
European manufacturing slips to record lows in October
The eurozone’s manufacturing industry slipped further into contraction territory in October, declining to 46.4— the lowest level since May 2020.
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...
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AMCA Impact Study highlights AI’s role in improving HVAC safety compliance
A new AMCA Impact Study has highlighted the growing challenge of helping HVAC contractors access reliable safety and compliance information quickly, particularly for small and medium-sized businesses operating in Australia's highly regulated construction environment.
