Wednesday, December 25, 2024

Austin Engineering anticipates 18% surge in 1H FY24 revenue

Global engineering firm Austin Engineering has shared positive news with a forecasted 18 per cent improvement in its first-half results for the financial year ending 30 June 2024 (1H FY24).

4DMedical partners with Philips to expand US Defence commercialisation

ASX-listed imaging technology developer 4DMedical Limited has signed a teaming agreement with Koninklijke Philips, a leading global healthcare company, to commercialise 4D Medical’s XV Technology within the US Department of Veterans Affairs. 

NZ’s manufacturing PMI plunges to 43.1 in December – BusinessNZ

New Zealand’s manufacturing industry saw further contractionary conditions in the last month of 2023, according to the latest BusinessNZ Performance of Manufacturing Index (PMI). 

Alcoa reports Q4 2023 earnings with focus on cost reduction, production curtailment

In the wake of Alcoa Corp's fourth-quarter 2023 earnings release, ASX-listed Alumina Limited has highlighted key developments in the AWAC joint venture and underscores the company's commitment to navigating the challenging market conditions.

FBR to evaluate Hadrian X robot under US demonstration program

FBR Limited, an ASX-listed robotic technology company, has signed a demonstration program agreement with CRH Ventures America to jointly construct up to 10 houses in the United States with FBR’s Hadrian X construction robot. 

Imricor gets green light to enter Saudi Arabian market

Imricor Medical Systems, an ASX-listed developer of MRI-compatible medical devices, has received Medical Marketing Authorisation from the Saudi Food & Drug Authority (SFDA). 

ASX-listed Telix Pharmaceuticals unveils potential plan for US listing

Melbourne-based biopharmaceutical giant Telix Pharmaceuticals announced today its plans for an initial public offering in the United States and listing on the Nasdaq Global...

Boss Energy concludes oversubscribed share purchase plan

Australian uranium company Boss Energy has announced the completion of an oversubscribed share purchase plan (SPP) with $29.6 million of applications. 

5E Advanced Materials kickstarts mining operations at 5E Boron Americas Complex

ASX-listed boron and lithium company 5E Advanced Materials has officially begun mining operations at its 5E Boron Americans Complex with the start of the wellfield injection process. 

Global manufacturing PMI remains in contractionary territory at end of 2023

The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.