Thursday, April 17, 2025

New Zealand’s PMI contracts to 49.3 points in October

The New Zealand manufacturing industry’s market activity slipped into contraction territory in October.

Graphene Manufacturing to raise $5 million in ‘bought deal’

Graphen Manufacturing Group (GMG) has agreed to sell 1,819,000 units of its shares in a $5 million “bought deal.”

Altech Chemicals showcases new CERENERGY ABS60 battery pack

ASX-listed battery manufacturer Altech Chemicals has unveiled its CERENERGY Sodium Alumina Solid State 60 kWh battery pack, ABS60.  

Quickstep to manufacture F-35 components for Northrop Grumman

Northrop Grumman has signed a six-year contract with Quickstep Holdings for the delivery of Australian-made components for the F-35 aerospace program. 

Orbital kickstarts UAS engine delivery for Australian Army contract

Orbital UAV has begun the delivery of engine builds for Insitu Pacific’s next-generation tactical UAS for the Australian Army.

European manufacturing slips to record lows in October

The eurozone’s manufacturing industry slipped further into contraction territory in October, declining to 46.4— the lowest level since May 2020. 

US manufacturing records slowest expansion pace in October

The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results. 

Titomic awarded CoBRAIN grant for automated cold spray applications

Metal additive manufacturing company Titomic has received a $400,000 CoBRAIN grant as part of the European Union’s Horizon Europe initiative. 

SmarTech issues new market report on post-processing for additive manufacturing: Sees a $1.8 billion...

SmarTech Analysis' new report, "Additive Manufacturing Post Processing: State of the Market and Looking Ahead," provides the necessary raw data and analysis for management, investors, users, product planners, and marketers to further their understanding of this critical path in the AM workflow.

New Zealand’s PMI dips by 2.8 points in September

New Zealand’s manufacturing industry saw a slower expansion rate in September, according to the latest BusinessNZ Performance Manufacturing Index. 
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