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.
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).
ARB Corp revenue slips 5.1% amid vehicle availability disruptions
ARB Corporation Limited is in the red on the release of the company’s first-half earnings, posting a 5.1 per cent sales revenue decline to $340.9 million compared with the prior period as vehicle availability continues to constrain sales in Australia and the United Kingdom.
Canadian manufacturing industry slips by 0.9% in July
Canada’s manufacturing sector saw its third consecutive monthly sales decline in July 2022, according to the country’s national statistical office.
Statistics Canada reported a slip...
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.
Global manufacturing activity rebounds in August, JP Morgan reports
Global manufacturing conditions showed signs of recovery in August, with output, new orders, and employment all returning to growth, according to the latest JP Morgan Global Manufacturing PMI.
Manufacturing giant Boral reports $961m profit for FY2022
Construction materials producer Boral has posted a $961 million net profit after tax for the end of fiscal year 2022, which ended 30 June.
In...
Australian manufacturing PMI ends 2023 with continued downturn – Judo Bank
Contractionary conditions in the Australian manufacturing sector persisted to the end of 2023 as domestic and global demand continued to decline, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
Eurozone Manufacturing PMI remains in contraction territory in January
The latest S&P Global Eurozone Manufacturing PMI reading rose for a third successive month to 48.8 in January, up from 47.8 in December.
Australian job vacancies ease in February but remain high historically
Australia's job vacancies dropped in the three months leading up to February, the third consecutive quarter of decline, but figures remain significantly higher than levels prior to the pandemic, indicating a competitive labour market, according to the latest Australian Bureau of Statistics (ABS) data.
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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.
