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BluGlass raises $4.3 million for expansion, initiates SPP offer

Global semiconductor developer BluGlass Limited has secured $4.3 million in commitments from institutional and sophisticated investors through a well-supported share placement at an issue price of $0.037 per share.

XTEK plans to rebrand as HighCom to pave way for global expansion

Defence industry company XTEK Limited announced a proposed name change to HighCom Limited, pending shareholder approval at the Annual General Meeting scheduled for 12...

Austin Engineering secures gov’t support for Wyoming manufacturing facility expansion

Global engineering firm Austin Engineering Limited has secured a USD 20 million (AUD 31 million) grant and loan package through the City of Mills, Wyoming, and the Wyoming Business Council (WBC).

H2X to accelerate growth after landing US cornerstone investment deal

Australian hydrogen technology startup H2X Global will accelerate the rollout of its hydrogen-powered vehicle lineup in both local and international markets after securing a USD 57 million (AUD 87 million) investment agreement with United States-based Verde Mobility.

Quickstep to establish Kansas manufacturing plant to expand US market presence

Aerospace composite manufacturer Quickstep announced the selection of Wichita, Kansas as the preferred location for its first engineering and manufacturing facility in the United States. 

Austin begins manufacturing truck trays in Indonesia for US orders

Austin Engineering Limited announced the start of manufacture of the first truck trays in Batam, Indonesia, to support sustained expansion in Austin's US-based business and its manufacturing site in Casper, Wyoming.

Beenleigh Steel Fabrications opens new facility to double production capacity

Australian steel fabricator Beenleigh Steel Fabrications (BSF) has officially opened its new facility in Berrinba in a push to ramp up its production capacity and create new apprenticeships and traineeships.

Moderna to expand its manufacturing technology centre in US

COVID-19 vaccine maker Moderna will more than double production and lab space at its technology centre in Norwood, Massachusetts, US, through renovation of existing...

Global software giant to expand in Melbourne

Global software giant Zendesk has unveiled plans to expand its operations in Melbourne, creating dozens of highly-skilled local jobs. Zendesk, which established its Australia and...

Thomas Foods’ expansion to create thousands of regional jobs in SA

Thomas Foods International (TFI) has unveiled plans for a significant expansion of its South Australian operations that would trigger an influx of new jobs...
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Data-rich or data-poor: Where should manufacturers focus their AI efforts?

Over the past year, manufacturers worldwide have made significant strides in adopting artificial intelligence technologies, moving beyond the initial hype to tangible implementations that deliver real business value.