Tuesday, May 19, 2026

Australian industry remains in contraction for a year— Ai Group

The Australian industry marked its 12th consecutive month in construction territory after seeing a fallback in demand and activity in April. 

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...

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. 

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. 

New Zealand’s manufacturing PMI on a ‘downward spiral’ in October

Market activity in New Zealand’s manufacturing industry has gone on a downward spiral into contraction in October, according to the latest BusinessNZ Performance of Manufacturing Index (PMI). 

PYC eyes AI-powered drug discovery partnership with Google Cloud

Clinical-stage biotechnology company PYC Therapeutics said it plans to partner with Google Cloud to build custom-designed machine learning models to develop a new generation of precision medicine models. 

Boss Energy concludes oversubscribed share purchase plan

Australian uranium company Boss Energy has announced the completion of an oversubscribed share purchase plan (SPP) with $29.6 million of applications. 

Austal launches largest ferry built at its Philippines shipyard

Shipbuilder Austal Philippines has delivered the 115-metre, high-speed vehicle-passenger ferry Express 5, the largest ferry constructed by an Austal shipyard.

Eurozone’s composite output eases in December amid improved supply

Eurozone’s PMI Composite Output Index saw a significant increase for the second consecutive month, increasing from November’s 47.8 to a four-month high of 48.8. 

Orora’s half-year results reflect strong growth despite economic headwinds

Orora has completed the simplification of its portfolio, focusing on its global beverage packaging operations and implementing cost-cutting measures to navigate challenging market conditions. 
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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.