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Fonterra says soaring cheese prices drove half year sales to $546m

New Zealand dairy giant Fonterra has reported a 50 per cent spike in its first-half profit, totalling NZD 546 million (AUD 506 million), owing mostly to favourable margins in the company’s cheese and protein portfolios. 

Eurozone manufacturing PMI at 48.5 in February

The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in February, falling slightly from 48.8 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, up from 48.9 in January.

Schaffer posts $5m NPAT in FY23 half-year results

Automotive leather manufacturing company Schaffer Corporation Limited has reported 1H23 statutory net profit after tax (NPAT) of $5.1 million, reflecting a difficult first half for the Automotive Leather Division.

RV manufacturing flourishes with promising 2022 figures

The Caravan Industry Association of Australia has released manufacturing and import figures for 2022, with nearly 50,000 new registrations recorded and 28,031 new units sold in Australia up 17.1 per cent compared to the previous year.

ARB Corp revenue slips 5.1% amid vehicle availability disruptions

ARB Corporation Limited is in the red on the release of the company’s first-half earnings, posting a 5.1 per cent sales revenue decline to $340.9 million compared with the prior period as vehicle availability continues to constrain sales in Australia and the United Kingdom.  

SmarTech issues new market report on post-processing for additive manufacturing: Sees a $1.8 billion...

SmarTech Analysis' new report, "Additive Manufacturing Post Processing: State of the Market and Looking Ahead," provides the necessary raw data and analysis for management, investors, users, product planners, and marketers to further their understanding of this critical path in the AM workflow.

New report aims to strengthen Victoria’s connections with Southeast Asia

Media Release by RMIT A new report out of the RMIT Asia Trade and Innovation Hub has made 19 recommendations designed to strengthen Victoria’s connections...
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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.