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.
Manufacturing sector faces persistent challenges amid contraction – Ai Group
The latest Ai Group Australian Industry Index for June shows that the manufacturing sector remains in contraction, with the index rising 14.7 points to -25.6 points, marking 26 consecutive months of decline.
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.
Wide Open Agriculture to identify location for large-scale buntine protein manufacturing facility
Wide Open Agriculture (WOA) announced that it is moving forward in identifying a large-scale manufacturing plant for the production of buntine protein, a key ingredient in a variety of food applications.
Global manufacturing expansion continues in July as PMI growth eases: J.P.Morgan
Global manufacturing activity continued to expand in July, although the pace of improvement eased for a second straight month, according to the latest J.P.Morgan Global Manufacturing PMI®, which showed sustained growth in production, new orders and employment while highlighting ongoing uncertainty surrounding the sector.
Stratasys and Desktop Metal to merge in deal valued at USD 1.8b
Additive manufacturing companies Stratasys and Desktop Metal have announced they have entered into a definitive agreement where the two companies will combine in an all-stock transaction valued at around USD 1.8 billion (AUD 2.77 billion).
New report says EV sales to more than double in 2023, but outdated laws...
The Electric Vehicle Council has published its annual State of Electric Vehicles report, revealing that while EV sales are expected to more than double in 2023, Australia will continue to trail behind comparable nations in terms of customer choice unless critical legislative reform is implemented.
Australia’s food industry adapts to post-pandemic market shifts – Rabobank
Australia’s food market is entering a "new normal" following a volatile five-year period shaped by the COVID-19 pandemic, supply chain disruptions, and inflationary pressures, according to a new Rabobank report.
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...
Australian industry activity sees slower decline in May— Ai Group
The Ai Group’s Australian Industry Index has seen a moderated contraction in May 2023 and now stands at -10.9 points, up by 9.3 from April’s steep fall, signalling deteriorating conditions in the market and the 13th month the index has been in contraction.
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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.
