BlueScope announces $851m EBIT for FY2023’s first half
ASX-listed steelmaker BlueScope has posted an underlying EBIT of $851 million and a net profit after tax (NPAT) of $599 million for the first half of fiscal year 2023.
Amaero International pays settlements over cancelled Victorian powders project
Additive manufacturing company Amaero International has announced the settlements of two disputes over a cancelled titanium powder production facility in Victoria.
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.
Orbital UAV to complete UAV engine project for Singapore customer
Australian drone manufacturer Orbital UAV said it secured a $2 million contract with a major Singapore customer to continue and complete a multi-fuel unmanned aerial vehicle (UAV) engine program.
Altech Batteries unveils new specifications for Cerenergy battery products
ASX company Altech Batteries Limited has revealed the preliminary battery specifications for its CERENERGY 60 KWh and 1 MWh GridPack battery products.
Craft beer boom drives growth in Australia’s beer manufacturing sector
The Australian beer manufacturing industry has experienced steady revenue growth over the past decade, despite a decline in per capita beer consumption, according to a market research report by IBISWorld.
Aussie dairy farmers poised for another profitable year despite expected price decrease
Australia’s dairy farmers are on track for a fifth consecutive year of profitability, despite forecasts of lower minimum farmgate milk prices for the upcoming season, according to a recent industry report.
Australian manufacturing sector faces steepest decline since May 2020, Judo Bank PMI shows
The latest data released by Judo Bank reveals a concerning trend for Australia's manufacturing sector, as conditions deteriorated at the fastest rate since May 2020.
US private sector’s output drives fastest uptick in business activity in a year
The United States private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase.
BAE Systems acquires Radio Frequency Systems as part of national high frequency investment
BAE Systems Australia has purchased Radio Frequency Systems (Australia), a wholly owned subsidiary of Radio Frequency Systems (Germany), following the company's German parent's decision to exit the defence market.
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APS Industrial brings Siemens’ next-gen PLC to Aussie manufacturers
As the manufacturing industry advances towards greater automation and digitalisation, companies are seeking smarter and more efficient control solutions to enhance their operations.
