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Steelmaker BlueScope buys Cornerstone’s coil coatings unit

Steel manufacturer BlueScope has completed the acquisition of Cornerstone Building Brands’ coil coatings business. As part of the transaction, the newly purchased unit will...

ServTech Signs Binding Term Sheet to Service Australia’s Petroleum and Conveniences Industry

 ServTech Global Limited, leading back office technology and services company, recently announced that it has signed binding terms sheet to incorporate ‘NewCo’, a special...

Rio Tinto snubs Glencore, tells shareholders to vote for Yancoal’s C&A proposal

Rio Tinto has told its shareholders to vote in favour of Yancoal’s offer for its wholly-owned subsidiary Coal & Allied (C&A) despite receiving a...

NSL Consolidated to build greenfield steel plant in India

Australia-based dual bulk commodity company NSL Consolidated has signed a binding agreement with Wei Hua, China’s leading heavy equipment crane building company, for the...

Australian Dairy Farms set to acquire Camperdown Dairy Company

Australian Dairy Farms announced that it has entered into a binding agreement to acquire 100% of the shares in the privately owned dairy processing...
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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.