PPK Group’s material interest acquisition with PowerPlus Energy now unconditional
Technology investor PPK Group Limited said its agreement to purchase a 33 per cent interest in Victoria-based storage battery manufacturer PowerPlus Energy is now unconditional.
S&P Global: Aussie manufacturing sector loses momentum in June
Australia’s manufacturing sector experienced a further slowdown in growth in June, according to the latest S&P Global Australia Manufacturing Purchasing Manager’s Index™ (PMI) data.
Anteris Technologies to help develop new heart valve repair solution
Australian biotech company Anteris Technologies has collaborated with v2vmedtech to develop a new heart valve repair device designed for minimally invasive treatment of mitral and tricuspid valve regurgitation.
Orica reports surge in full-year net profit, forecasts earnings boost for FY24
Mining and infrastructure solutions developer Orica Limited has revealed robust financial results for the year ending 30 September 2023, showcasing a significant uplift in performance driven by effective strategy execution and commercial discipline.
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...
Eurozone manufacturing remains ‘in troubled waters’ in March— S&P Global
The health of the Eurozone’s manufacturing industry reached a four-month low in March with the S&P Global Eurozone Manufacturing PMI reporting a 47.3 rating, down from February’s 48.5.
Austin Engineering anticipates 18% surge in 1H FY24 revenue
Global engineering firm Austin Engineering has shared positive news with a forecasted 18 per cent improvement in its first-half results for the financial year ending 30 June 2024 (1H FY24).
AstraZeneca backs LBT Innovations’ drug manufacturing AI development
LBT Innovations has partnered with AstraZeneca to develop artificial intelligence software that would be used in drug manufacturing.
Jervois submits loan application under US DOE manufacturing initiative
Australian cobalt company Jervois Global Limited has submitted an application to the United States Department of Energy (DOE) Loan Program Office to finance its proposed greenfield US cobalt refinery.
Matrix wins contract to manufacture drilling riser buoyancy modules for TransOcean
Matrix Composites & Engineering has received a contract, projected to be valued at $4 million, to supply offshore drilling contractor TransOcean with drilling riser buoyancy modules.
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How a small pet food manufacturer supports a 5x increase in production capacity
For Advanced Pet Care of Australia, scaling into one of Australia’s top pet food manufacturers required more than new production capacity – it required better systems.
