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Austin Engineering’s growth revenue up 27% to $258m in FY23

ASX-listed global engineering firm Austin Engineering announced that its FY23 group revenue was 27 per cent higher year-on-year at $258.3 million, marking another solid year of growth following the implementation of the Austin 2.0 company strategy in late 2021.

Austin marks first sale of Mainetec dipper bucket in US

Global mining equipment designer and manufacturer Austin Engineering has sold its first Mainetec-designed dipper bucket to a customer in the United States. 

Austin acquires mining equipment manufacturer Mainetec

Austin Engineering Limited has reached an agreement to acquire Australian mining equipment manufacturer Mainetec in a deal valued at $19.6 million. Mainetec is a leader...
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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.