Monday, October 7, 2024

Australian PMI: manufacturing sector sees stability in September

Australia’s Performance Manufacturing Index has shown stability in September 2022, with increased market activity of 50.2 points, according to the Australian Industry Group. 

SmarTech: Dental 3D printing market revenue expected to reach $9.7b in 2031

A recent report from SmarTech Analysis revealed that the global dental 3D printing industry is expected to grow from $4 billion in 2022 to slightly over $9.7 billion by 2031, accounting for nearly one-third of the overall additive manufacturing (AM) market.

Titomic’s expanded revenue strategy with new manufacturing milestones

Metal additive manufacturing company Titomic Limited’s revenue strategy has continued to gain momentum in the third quarter of 2023 after new channels were added to drive innovation in various manufacturing industries. 

New report says EV sales to more than double in 2023, but outdated laws...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.

Quickstep delivers record order book, books extensive drone contracts in FY23

Quickstep, a manufacturer of aerospace composites, has published an update on its business performance for FY23, delivering a record-breaking forwards order book for FY24 and FY25 and receiving $264 million in new orders and order commitments.

IperionX to supply recycled titanium powder to SLM Solutions

IperionX Limited, a provider of sustainable titanium technologies, is delivering spherical titanium metal powders to global additive manufacturing system provider SLM Solutions under a newly signed memorandum of understanding (MOU). 

CSR announces $100 million on-market repurchase plan

CSR is buying back up to $100 million in shares on-market, as the company positions itself to invest in both long-term growth strategy and...

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. 

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...

BlueScope sees net profit falls in FY2023; announces Port Kembla furnace relining and upgrade

BlueScope has made a $1.15 billion investment in the relining and upgrade of the No.6 Blast Furnace (6BF) Port Kembla Steelworks and announced a dip in profit in fiscal year 2023. 
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AI & Manufacturing Month with Australian Manufacturing

As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape.Â