Tag: investment
Santos rejects $7bn takeover offer from investment vehicle Scepter Partners
Oil and gas producer Santos has announced that it has decided to reject a $7.1 billion takeover offer from the Bermuda-based Scepter Partners.
Scepter Partners...
Treasury Wine Estates to expand Wolf Blass Packaging Centre and create 30 new jobs
Treasury Wine Estates (TWE) has been awarded a $2 million Regional Development Fund grant from the South Australian Government as part of the Company’s...
12 Pacific-rim nations, including Australia, ink largest free trade agreement in history
Australia, Canada, the US, Japan, Malaysia, Mexico, Peru, Brunei, Chile, New Zealand, Singapore and Vietnam signed the historic Trans-Pacific Partnership (TPP) in Atlanta, Georgia,...
Autodesk acquires German netfabb, expands additive manufacturing software portfolio
Autodesk has announced that it has acquired netfabb, a German software start-up company focused on additive design and manufacturing.
In a press release, Autodesk said...
Fonterra opens first Indonesian manufacturing facility (VIDEO)
New Zealand dairy giant Fonterra has opened a $36 million packaging plant in the industrial city of Cikarang in Indonesia.
At the new facility, the...
ARENA and CEFC announce combined $350m investment in solar power
The Australian Renewable Energy Agency (ARENA), and the Clean Energy Finance Corporation (CEFC) will invest $350 million in solar power for the construction of...
Carbon3D successfully closes $100m funding round led by Google Ventures
Silicon Valley based 3D printing company Carbon3D has announced that it has secured a $100 million funding round led by Google Ventures.
According to the company's press...
GM’s Flint assembly plant to undergo $877m upgrade
General Motors (GM) has announced a $877 million investment over the coming years to transform its oldest assembly plant in North America.
The investment will see...
Federal Government teams up with SA companies to invest $73.3m in SA manufacturing industry
Up to 430 jobs are expected to be created in South Australia’s manufacturing industry with the Federal Government announcing a major investment to boost...
Viva Energy to invest $23m to construct fuel pumping station
Viva Energy Australia has announced that it plans to increase the amount of fuel that can be transferred from the Geelong Refinery via pipeline...