March figures show decline in New Zealand’s manufacturing sector
New Zealand's manufacturing sector contracted in March and remains well below the long-term average signalling challenges for the sector, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (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.
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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.
XTEK ships HighCom Armor equipment to US agency
XTEK Limited’s HighCom Armor Solutions has completed the manufacturing and delivery of more than 20,000 individual items for specialist ballistic protection equipment for a US federal government agency.
Australian manufacturing PMI drops further in October – Judo Bank
Australia’s manufacturing sector saw further contractions in October after the rate of new orders dropped amid worsening demand conditions, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
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Expressions of interest sought for Wax Converters Textiles
Salea Advisory, on behalf of Administrator Sule Arnautovic, is inviting expressions of interest for the sale or assignment of Wax Converters Textiles Pty Limited, a well-established manufacturing business located in Rutherford, NSW.
