Craft beer boom drives growth in Australia’s beer manufacturing sector
The Australian beer manufacturing industry has experienced steady revenue growth over the past decade, despite a decline in per capita beer consumption, according to a market research report by IBISWorld.
Manufacturing sector contraction slows, new export orders rise – Judo Bank
Australia's manufacturing sector continued to experience a slight deterioration in operating conditions during May, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
Higher wheel prices boost Carbon Revolution’s revenue to $18m
Geelong-based advanced manufacturer Carbon Revolution Limited has released its first half results for the financial year 2023 with revenue up by 2.3 per cent to $18 million compared to the prior period, reflecting a higher average wheel price.
Aussie manufacturing sector records slower contraction in April – Judo Bank
Australia’s manufacturing sector experienced a slight contraction in April, but the pace of deterioration was notably slower than in previous months, according to the latest data from Judo Bank's PMI report.
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.
Aussie manufacturing PMI re-enters contractionary territory in February – Judo Bank
Market conditions in Australia’s manufacturing sector deteriorated in February due to sharper falls in output and volumes of outstanding business amid a quicker decline in new orders.
3D printing construction market projected to surpass USD 397.5b by 2030
A recent study by SkyQuest Technology Consulting has found that the 3D printing construction market is projected to surpass USD 397.5 billion by 2030 at a CAGR of 87.38 per cent from 2023 to 2030.
Orora reports significant increase in earnings with underlying EBIT up by 12.3%
Sustainable manufacturer Orora Beverage announced its full-year financial results, with strong performance increases to underlying earnings before interest and tax (EBIT) of $320.5 million, up 12.3 per cent.
Quickstep inks deal with TB2 for UAV development work
Aerospace composite manufacturer Quickstep has signed a contract with unmanned aerial vehicle (UAV) developer TB2 to provide engineering and structural integration services for the incorporation of the TB2 Pod Interface system into customer aircraft.
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).
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How AI-enabled cloud ERP is redefining growth for manufacturing leaders
Manufacturing leaders are entering a new phase of supply chain transformation, where growth is increasingly determined by how quickly and intelligently organisations can respond to change.
