Tuesday, May 26, 2026

Austal delivers strong revenue results with long-term programs growth

Global shipbuilder Austal has recorded FY2022 H1 revenue of $775.0 million supported by strong growth in the sustainment business, with revenue from the segment rising 67 per cent to $194.6 million.

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. 

China manufacturing continues expansion streak amid price pressures

China’s manufacturing sector continued to grow in March 2026, even as it faced steep increases in input costs and longer delivery times from suppliers.

Incitec Pivot sells US ammonia facility for $2.5b

Incitec Pivot Limited has agreed to sell its ammonia manufacturing facility in Waggaman, Louisiana to CF Industries Holdings, Inc. (CF) for USD 1.675 billion (AUD 2.5 billion).

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. 

XTEK wins new purchase order to support Australian Defence’s SUAS capability

ASX-listed company XTEK Limited has received a spare parts order from the Australian Department of Defence to support its newly acquired Small Uncrewed Aerial Systems (SUAS) capability, which was announced in December 2022. 

ReNu Energy invests in Vaulta’s recyclable battery casing technology

ASX-listed company ReNu Energy is expanding its renewable and clean energy portfolio with a $1 million investment in Australian battery casing tech company Vaulta. 

Manufacturing PMI drops to three-month low in June – Judo Bank

The headline seasonally adjusted Judo Bank Australia Manufacturing Purchasing Manager’s Index (PMI) posted 47.2 in June, down from 49.7 in May.

Titomic awarded CoBRAIN grant for automated cold spray applications

Metal additive manufacturing company Titomic has received a $400,000 CoBRAIN grant as part of the European Union’s Horizon Europe initiative. 

Schneider Electric names former Kimberly Clark exec as supply chain VP

Energy management and automation Schneider Electric has appointed Tina Hu as the new vice president for global supply chain and customer experience for Pacific...
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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.