Tag: investment
Schneider Electric to invest $46 million to modernize manufacturing plants in North America
Schneider Electric, the leader in the digital transformation of energy management and automation, has announced it will invest about $46 million in its Lexington, KY and Lincoln, NE manufacturing plants to modernize their operations and increase circuit breaker and related electrical product output for its customers in the U.S. and Canada.
AMGC releases report on 141 manufacturing projects
The Advanced Manufacturing Growth Centre has presented the economic contribution of its 141 co-invested manufacturing projects in its 2022 Project Report.
IBM unveils new USD 20 billion chip manufacturing deal
IBM today announced a USD 20 billion manufacturing investment and showcased its innovations in semiconductor design at its site in Poughkeepsie, New York.
AMSL Aero successfully raises $23 million Series B to commence testing for low-cost, green...
Media Release by AMSL Aero
AMSL Aero, an Australian company developing the world’s most efficient low-cost flying electric vehicle, has successfully raised an additional $23...
Vic announces funding for new medtech innovation & commercialisation centre
The Victorian government has announced $2.4 million in funding to establish the Victorian Connected Health Innovation and Commercialisation Centre in Melbourne’s central business district.
Made...
Government funding unveiled to bolster Victoria’s circular economy
The Australian government and the state government of Victoria have doubled down on their commitment to cutting waste, creating more jobs for Victorians, and...
$19m to grow SA’s forest and timber industries
The Government of South Australia has announced a $19 million investment intended to assist the growth and development of the state’s forest and timber...
Bipartisan support received for new electrolysis plant at Hobarts’s Zinc Works
Nyrstar Australia, a multi-metals processing and manufacturing business, today announced that, with the support of Federal Labor, it now has bi-partisan support for its investment in the construction of a new Electrolysis Plant at the company’s ‘Zinc Works’ operations in Hobart, ensuring a long-term future for metals refining in Australia.
Incitec completes acquisition of French Titanobel
Titanobel, a renowned French industrial explosives manufacturer and provider of drilling, blasting, and technical services, has been acquired by Incitec Pivot Limited (IPL).
“We’re delighted...
New Aerospace Manufacturing Precinct to be established in Darwin
Following the announcement by Amphibian Aerospace Industries to establish an advanced manufacturing centre at Darwin International Airport (DIA), the Northern Territory Government has announced...
Featured Article
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.
