Additive manufacturing, material market could surpass $183b by 2032 – report says
The market for additive manufacturing (AM) and materials could reach USD 183 billion (AUD 275 billion) by 2032, a 21.2 per cent spike in CAGR, as a result of the growing popularity of 3D printing, according to a market report from Future Market Insights.
RWC signs $160M acquisition of Holman Industries
Reliance Worldwide Corporation (RWC) has agreed to acquire Holman Industries, a leading manufacturer and distributor of branded plumbing and watering products in Australia, for $160 million.
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...
Adelaide solar panel manufacturer returns to Vietnam export market
Australian solar panel manufacturer Tindo Solar is set to export to Vietnam as the Southeast Asian nation revealed it would prioritise high-quality renewables hardware in its energy grid, the company said in a press release.
PPK Group to purchase material interest in PowerPlus Energy
ASX-listed PPK Group Limited has begun a series of conditional transactions to acquire a material interest in Australia-based privately owned lithium battery manufacturer PowerPlus Energy.
J.P.Morgan PMI shows global manufacturing growth eased in June
Global manufacturing activity remained in expansion territory in June, although the pace of growth eased for a second consecutive month, according to the latest J.P.Morgan Global Manufacturing PMI.
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.
Australian manufacturing PMI drops further in October – Judo Bank
Australia’s manufacturing sector saw further contractions in October after the rate of new orders dropped amid worsening demand conditions, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
ANZ businesses need ESG scorecard boost to attract investors, research reveals
A study conducted by Intuit Research has highlighted the significance of environmental, social and governance (ESG) sustainability scorecard for businesses in Australia and New Zealand to attract more investors.
Tritium unveils $57 million record revenue in year-to-date report
Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has generated $57 million in revenue from 1 January 2023 to 30 April 2023, reflecting a year-over-year growth rate of 237 per cent from last year’s $17 million profit.
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Modular switchgear built for faster, verified panel builds
As switchboard builders face tighter programmes and increasing scrutiny around compliance, the way enclosure, busbar and separation concepts work together has a direct impact on build time and verification effort.
