Wednesday, July 3, 2024

Survey: New Zealand’s manufacturing sector expands in July

The BusinessNZ Performance of Manufacturing Index (PMI) reported an expansion for New Zealand’s manufacturing sector in July.  The seasonally adjusted PMI for July was 52.7...

Saunders International acquires Automation IT to expand tech infrastructure

Saunders International, a construction engineering company, has acquired Automation IT, a specialist automation and control systems engineering business, in a push to expand the former’s capabilities across industrial automation and technology solutions.

Immuron prepares for diarrhoea-focused clinical trial as US FDA lifts clinical hold

Immuron, an Australia-based biopharmaceutical company, is slated to move forward with the clinical evaluation of a new oral therapeutic targeting Campylobacter and Enterotoxigenic Escherichia coli (ETEC) following approval from the US Food and Drug Administration (FDA).

CSR Limited improves NPAT by 17% with strong business performance, manufacturing productivity

CSR Limited, a major Australian industrial company, has reported a net profit after tax (NPAT) of $225 million for the fiscal year ended 31 March 2023, up 17 per cent from $193 million the previous year. 

Austin Engineering completes first shipment of Indonesia-manufactured truck trays

ASX-listed global engineering firm Austin Engineering announced the completion of the first shipment of fully manufactured and assembled truck trays from its Indonesian facility in Batam, which have been delivered directly into Western Australia's (WA) Pilbara mining region.

US Manufacturing PMI inched up to 47.7% in February

The February Manufacturing PMI in the United States of America has registered 47.7 per cent, 0.3 percentage points higher than the 47.4 per cent recorded in January, according to the nation's supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business.

Austal launches largest ferry built at its Philippines shipyard

Shipbuilder Austal Philippines has delivered the 115-metre, high-speed vehicle-passenger ferry Express 5, the largest ferry constructed by an Austal shipyard.

Quickstep inks deal with TB2 for UAV development work

Aerospace composite manufacturer Quickstep has signed a contract with unmanned aerial vehicle (UAV) developer TB2 to provide engineering and structural integration services for the incorporation of the TB2 Pod Interface system into customer aircraft. 

Prestons logistics asset transacts for $58.255 mil at 3.35%

Pittwater Industrial purchases what may prove to be the most impressive industrial investment of 2022

XTEK wins new purchase order to support Australian Defence’s SUAS capability

ASX-listed company XTEK Limited has received a spare parts order from the Australian Department of Defence to support its newly acquired Small Uncrewed Aerial Systems (SUAS) capability, which was announced in December 2022. 
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The future of steel engineering: Using CRM systems across supply chains

The construction industry has undergone significant transformation over the past twenty years. Speedpanel, a leading Australian manufacturer of lightweight, fire-rated, and acoustic wall systems, made a groundbreaking entrance in the early '90s, revolutionising the Australian construction landscape.